REGISTERED NUMBER: 07474395

FRASER JAMES BLINDS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Miss K Tuttle

Mrs J Tuttle

I D Tuttle

F Tuttle

REGISTERED OFFICE:

Unit A, Morcott Buildings Townsend Road

Enderby

Leicester

LE19 4PG

REGISTERED NUMBER:

07474395

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Intangible assets

4

50,773

62,728

Tangible assets

5

229,875

134,203

Investments

6

111,233

-

391,881

196,931

CURRENT ASSETS

Stocks

19,738

19,738

Debtors

7

178,264

365,074

Cash at bank and in hand

476,225

368,251

674,227

753,063

CREDITORS

Amounts falling due within one year

8

687,048

620,595

NET CURRENT (LIABILITIES)/ASSETS

(12,821

)

132,468

TOTAL ASSETS LESS CURRENT LIABILITIES

379,060

329,399

CREDITORS

Amounts falling due after more than one year

9

(50,028

)

(45,328

)

PROVISIONS FOR LIABILITIES

(49,292

)

(34,870

)

NET ASSETS

279,740

249,201

CAPITAL AND RESERVES

Called up share capital

11

4

4

Retained earnings

279,736

249,197

SHAREHOLDERS' FUNDS

279,740

249,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 10 September 2026 and were signed on its behalf by:

F Tuttle - Director

1.	STATUTORY INFORMATION

Fraser James Blinds Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of five years.

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.

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

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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 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

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

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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

15,000

89,545

104,545

AMORTISATION

At 1 February 2025

6,000

35,817

41,817

Charge for year

3,000

8,955

11,955

At 31 January 2026

9,000

44,772

53,772

NET BOOK VALUE

At 31 January 2026

6,000

44,773

50,773

At 31 January 2025

9,000

53,728

62,728

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

25,441

220,758

51,154

297,353

Additions

-

154,994

-

154,994

Disposals

-

(48,931

)

-

(48,931

)

At 31 January 2026

25,441

326,821

51,154

403,416

DEPRECIATION

At 1 February 2025

16,097

114,751

32,302

163,150

Charge for year

1,401

37,230

3,771

42,402

Eliminated on disposal

-

(32,011

)

-

(32,011

)

At 31 January 2026

17,498

119,970

36,073

173,541

NET BOOK VALUE

At 31 January 2026

7,943

206,851

15,081

229,875

At 31 January 2025

9,344

106,007

18,852

134,203

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

100,000

Revaluations

11,233

At 31 January 2026

111,233

NET BOOK VALUE

At 31 January 2026

111,233

Cost or valuation at 31 January 2026 is represented by:

Other

investments

£

Valuation in 2026

11,233

Cost

100,000

111,233

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

32,170

165,378

Other debtors

146,094

199,696

178,264

365,074

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,731

9,900

Hire purchase contracts

32,196

33,026

Trade creditors

140,403

126,339

Taxation and social security

115,000

55,769

Other creditors

395,718

395,561

687,048

620,595

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

3,509

Hire purchase contracts

50,028

41,819

50,028

45,328

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

3,731

13,409

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

ORDINARY 'A' CLASS

£1

1

1

1

ORDINARY 'B' CLASS

£1

1

1

1

ORDINARY 'C' CLASS

£1

1

1

1

ORDINARY 'D' CLASS

£1

1

1

4

4