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Registered number: 12706213










BLINDS4YOU LIMITED

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

 
BLINDS4YOU LIMITED
 

COMPANY INFORMATION


Directors
Mr A Blaney 
Mrs M Blaney 
Mr L Blaney 
Mr C Blaney 




Registered number
12706213



Registered office
34 High Street

Spennymoor

County Durham

England

DL16 6DB




Independent auditors
Sumer Auditco Limited
Chartered Accountants & Statutory Auditors

14 City Quay

Dundee

DD1 3JA





 
BLINDS4YOU LIMITED
REGISTERED NUMBER: 12706213

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025

2025
2024
£
£

Fixed assets
  

Intangible assets
 4 
1,538
1,809

Tangible assets
 5 
1,784
9,572

  
3,322
11,381

Current assets
  

Debtors: amounts falling due within one year
 6 
6,955
33,358

Cash at bank and in hand
  
62,199
13,357

  
69,154
46,715

Creditors: amounts falling due within one year
 7 
(782,184)
(715,095)

Net current liabilities
  
 
 
(713,030)
 
 
(668,380)

Total assets less current liabilities
  
(709,708)
(656,999)

Provisions for liabilities
  

Deferred tax
  
(446)
(2,393)

  
 
 
(446)
 
 
(2,393)

Net liabilities
  
(710,154)
(659,392)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(710,155)
(659,393)

  
(710,154)
(659,392)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 September 2026.




Mr L Blaney
Director

The notes on pages 2 to 8 form part of these financial statements.

Page 1

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

1.


General information

Blinds4You Limited is a private company limited by shares domiciled in England with company registration number 12706213. The registered office is 34 High Street, Spennymoor, County Durham, England, DL16 6DB.

The Company's functional and presentational currency is GBP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors of the ultimate parent company, Crest Properties (Scotland) Ltd., confirm that group support will continue for the foreseeable future and the group will ensure there are sufficient funds available to allow Blinds4You Limited to meet its financial obligations as they fall due.

This will allow the company to continue in operational existence and therefore continue to adopt the going concern basis for the preparation of the financial statements.
Page 2

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
∙the Company has transferred the significant risks and rewards of ownership to the buyer;
∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
∙the amount of turnover can be measured reliably;
∙it is probable that the Company will receive the consideration due under the transaction; and
∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
∙the amount of turnover can be measured reliably;
∙it is probable that the Company will receive the consideration due under the contract;
∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and
∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2024 - 4).

Page 5

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

4.


Intangible assets




Trademarks

£



Cost


At 1 January 2025
2,714



At 31 December 2025

2,714



Amortisation


At 1 January 2025
905


Charge for the year on owned assets
271



At 31 December 2025

1,176



Net book value



At 31 December 2025
1,538



At 31 December 2024
1,809



5.


Tangible fixed assets


Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2025
5,315
149,245
154,560



At 31 December 2025

5,315
149,245
154,560



Depreciation


At 1 January 2025
4,979
140,009
144,988


Charge for the year on owned assets
336
7,452
7,788



At 31 December 2025

5,315
147,461
152,776



Net book value



At 31 December 2025
-
1,784
1,784



At 31 December 2024
336
9,236
9,572

Page 6

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

6.


Debtors

2025
2024
£
£


Trade debtors
920
-

Other debtors
6,035
33,358

6,955
33,358



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
123,238
80,807

Amounts owed to group undertakings
596,173
589,412

Amounts owed to associates
1,154
1,154

Other taxation and social security
35,439
25,756

Other creditors
26,180
17,966

782,184
715,095



8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



1 (2024 - 1) Ordinary share of £1.00
1
1


Page 7

 
BLINDS4YOU LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

9.


Related party transactions

The Company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the Group.


Amounts due to associated companies

The following amounts were outstanding at the reporting end date:


2025
2024
£
£



Other related parties
1,154
1,154


10.


Controlling party

The immediate parent company is GC Group Limited, a company registered in Scotland. 

The ultimate parent undertaking is Crest Properties (Scotland) Ltd, a company registered in Scotland, with a registered office of 8 Pendreich Road, Bridge of Allan, Stirling, Stirlingshire, FK9 4LY.

Crest Properties (Scotland) Ltd is the parent undertaking of the smallest and largest group of undertakings to consolidate these financial statements at 31 December 2025. The results of Blinds4You Limited are included within the consolidated financial statements of Crest Properties (Scotland) Ltd.


11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 18 September 2026 by Michelle Murray (Senior Statutory Auditor) on behalf of Sumer Auditco Limited.


Page 8