REGISTERED NUMBER: 04958671

TRADE SECRET (HOME IMPROVEMENTS) LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

171,303

42,562

CURRENT ASSETS

Stocks

11,208

21,049

Debtors

5

71,272

53,403

Cash at bank

18,690

34,278

101,170

108,730

CREDITORS

Amounts falling due within one year

6

241,100

105,301

NET CURRENT (LIABILITIES)/ASSETS

(139,930

)

3,429

TOTAL ASSETS LESS CURRENT LIABILITIES

31,373

45,991

CREDITORS

Amounts falling due after more than one year

7

27,291

42,773

NET ASSETS

4,082

3,218

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

77,722

-

Retained earnings

(73,740

)

3,118

SHAREHOLDERS' FUNDS

4,082

3,218

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2026 and were signed by:

K A Walsh - Director

1.	STATUTORY INFORMATION

Trade Secret (Home Improvements) Limited is a private company limited by shares. The company is registered in England under number 04958671 and the address of the registered office is Barclays Bank Chambers, Bridge Street, Stratford-Upon-Avon, CV37 6AH.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Leasehold improvements

-

Over the period of the lease

Tools

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Display fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2025

-

277,860

277,860

Additions

63,031

38,745

101,776

Disposals

-

(239,842

)

(239,842

)

Revaluations

70,969

-

70,969

At 31 December 2025

134,000

76,763

210,763

DEPRECIATION

At 1 January 2025

-

235,298

235,298

Charge for year

6,753

8,493

15,246

Eliminated on disposal

-

(204,331

)

(204,331

)

Revaluation adjustments

(6,753

)

-

(6,753

)

At 31 December 2025

-

39,460

39,460

NET BOOK VALUE

At 31 December 2025

134,000

37,303

171,303

At 31 December 2024

-

42,562

42,562

The leasehold improvements were valued on an open market basis on 31 December 2025 by the director.

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2025

77,722

-

77,722

Cost

56,278

76,763

133,041

134,000

76,763

210,763

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

12,917

Amounts owed by group undertakings

23,265

30,200

Other debtors

48,007

10,286

71,272

53,403

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

99,225

34,440

Taxation and social security

1,755

1,720

Other creditors

140,120

69,141

241,100

105,301

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

27,291

42,773

8.

RESERVES

Revaluation

reserve

£

Revaluation

77,722

At 31 December 2025

77,722