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Registered number: 07646778
Luxtyle Collections Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Melinek Fine LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07646778
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,132 58,237
41,132 58,237
CURRENT ASSETS
Stocks 461,200 457,000
Debtors 5 38,547 49,699
Cash at bank and in hand 19,419 35,157
519,166 541,856
Creditors: Amounts Falling Due Within One Year 6 (1,220,666 ) (1,228,498 )
NET CURRENT ASSETS (LIABILITIES) (701,500 ) (686,642 )
TOTAL ASSETS LESS CURRENT LIABILITIES (660,368 ) (628,405 )
Creditors: Amounts Falling Due After More Than One Year 7 - (4,975 )
NET LIABILITIES (660,368 ) (633,380 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (661,368 ) (634,380 )
SHAREHOLDERS' FUNDS (660,368) (633,380)
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S Mohammadian
Director
23/09/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Luxtyle Collections Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07646778 . The registered office is 127 Commerical Road, London, E1 1PX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The accounts have been prepared on a going concern basis as the director has agreed to continue to provide financial support for the foreseeable future.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 20% straight line basis
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was:  25 (2024: 25)
25 25
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2025 616 39,179 60,577 100,372
Additions - - 2,909 2,909
As at 31 December 2025 616 39,179 63,486 103,281
...CONTINUED
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Depreciation
As at 1 January 2025 616 8,437 33,082 42,135
Provided during the period - 7,686 12,328 20,014
As at 31 December 2025 616 16,123 45,410 62,149
Net Book Value
As at 31 December 2025 - 23,056 18,076 41,132
As at 1 January 2025 - 30,742 27,495 58,237
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 16,297 27,449
Prepayments and accrued income 22,250 22,250
38,547 49,699
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 4,358 8,100
Other taxes and social security 3,492 6,009
VAT 34,350 50,033
Other creditors 3,995 3,940
Accruals and deferred income 4,900 4,600
Amounts owed to group undertakings 1,169,571 1,155,816
1,220,666 1,228,498
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 4,975
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Ultimate Controlling Party
The company's ultimate controlling party is Portland Hill Group Limited by virtue of his ownership of 100% of the issued share capital in the company.
Page 4