REGISTERED NUMBER: 07033314 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Interior Systems (Midlands) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Duffield

J W Warren

REGISTERED OFFICE:

Middle Barn

Main Road

Birdham

Chichester

West Sussex

PO20 7HU

REGISTERED NUMBER:

07033314 (England and Wales)

ACCOUNTANTS:

Cox & Co Limited

Chartered Certified Accountants

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

32,691

73,595

32,691

73,595

CURRENT ASSETS

Stocks

94,188

84,934

Debtors

6

94,353

322,270

Prepayments and accrued income

8,678

7,255

Cash at bank

331,518

899,102

528,737

1,313,561

CREDITORS

Amounts falling due within one year

7

308,997

438,517

NET CURRENT ASSETS

219,740

875,044

TOTAL ASSETS LESS CURRENT LIABILITIES

252,431

948,639

PROVISIONS FOR LIABILITIES

7,794

17,893

NET ASSETS

244,637

930,746

CAPITAL AND RESERVES

Called up share capital

8

3,672

22,922

Share premium

6,078

6,078

Capital redemption reserve

66,656

47,406

Retained earnings

168,231

854,340

SHAREHOLDERS' FUNDS

244,637

930,746

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 22 September 2026 and were signed on its behalf by:

P R Duffield - Director

1.	STATUTORY INFORMATION

Interior Systems (Midlands) Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

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.

Tangible fixed assets

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

Land and buildings

-

25% on reducing balance

Plant and machinery etc

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

1,000

AMORTISATION

At 1 January 2025

and 31 December 2025

1,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

20,619

163,450

184,069

Additions

-

2,888

2,888

Disposals

-

(58,476

)

(58,476

)

At 31 December 2025

20,619

107,862

128,481

DEPRECIATION

At 1 January 2025

18,596

91,878

110,474

Charge for year

506

10,393

10,899

Eliminated on disposal

-

(25,583

)

(25,583

)

At 31 December 2025

19,102

76,688

95,790

NET BOOK VALUE

At 31 December 2025

1,517

31,174

32,691

At 31 December 2024

2,023

71,572

73,595

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

93,437

321,354

Other debtors

916

916

94,353

322,270

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

58,656

99,276

Taxation and social security

159,911

244,033

Other creditors

90,430

95,208

308,997

438,517

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

3,672

Ordinary

£1

3,672

22,922

During the year the company purchased 19,250 of its own ordinary shares of £1 each. The shares were cancelled on purchase and an amount equal to their nominal value was transferred to the capital redemption reserve.