REGISTERED NUMBER: 12404328 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Decor Europe Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

28,792

32,633

Tangible assets

5

85,828

111,798

114,620

144,431

CURRENT ASSETS

Stocks

82,103

53,305

Debtors

6

189,749

322,822

Cash at bank and in hand

785,113

512,859

1,056,965

888,986

CREDITORS

Amounts falling due within one year

7

(815,282

)

(702,284

)

NET CURRENT ASSETS

241,683

186,702

TOTAL ASSETS LESS CURRENT LIABILITIES

356,303

331,133

CREDITORS

Amounts falling due after more than one year

8

(4,481

)

(10,455

)

PROVISIONS FOR LIABILITIES

(13,369

)

-

NET ASSETS

338,453

320,678

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

338,353

320,578

338,453

320,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by:

Mr N R Taylor - Director

1.	STATUTORY INFORMATION

Decor Europe Limited is a private company, limited by shares, domiciled in England and Wales, registration number 12404328. The registered office is Decor House, Yeo Road, Bridgwater, England, TA6 5NA.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services in respect of the sale of wall and floor coverings, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost and 20% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

35,083

Additions

6,810

At 31 December 2025

41,893

AMORTISATION

At 1 January 2025

2,450

Charge for year

10,651

At 31 December 2025

13,101

NET BOOK VALUE

At 31 December 2025

28,792

At 31 December 2024

32,633

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

3,381

141,547

144,928

Additions

-

5,447

5,447

At 31 December 2025

3,381

146,994

150,375

DEPRECIATION

At 1 January 2025

411

32,719

33,130

Charge for year

673

30,744

31,417

At 31 December 2025

1,084

63,463

64,547

NET BOOK VALUE

At 31 December 2025

2,297

83,531

85,828

At 31 December 2024

2,970

108,828

111,798

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

19,583

DEPRECIATION

At 1 January 2025

1,679

Charge for year

3,521

At 31 December 2025

5,200

NET BOOK VALUE

At 31 December 2025

14,383

At 31 December 2024

17,904

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

118,517

260,733

Amounts owed by group undertakings

4,146

-

Other debtors

67,086

62,089

189,749

322,822

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

5,974

5,974

Trade creditors

247,179

196,403

Amounts owed to group undertakings

179,900

179,900

Taxation and social security

204,243

88,350

Other creditors

177,986

231,657

815,282

702,284

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

4,481

10,455

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Decor Systems Group Limited.