Registration number: 04161313

Decorative Interiors (South West) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Decorative Interiors (South West) Limited

Company Information

Director

Mr John William George Reeves

Registered office

36 Highlands Potterne Devizes Wiltshire SN10 5NS

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

Decorative Interiors (South West) Limited

(Registration number: 04161313)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	-	42,268
Current assets
Debtors	7	2,598	20,006
Cash at bank and in hand		33,833	13,155
		36,431	33,161
Creditors: Amounts falling due within one year	8	(33,834)	(31,643)
Net current assets		2,597	1,518
Total assets less current liabilities		2,597	43,786
Creditors: Amounts falling due after more than one year	8	-	(7,105)
Net assets		2,597	36,681
Capital and reserves
Called up share capital		200	200
Retained earnings		2,397	36,481
Shareholders' funds		2,597	36,681

For the financial period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 25 September 2026
 

......................................... Mr John William George Reeves Director

Decorative Interiors (South West) Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
36 Highlands
Potterne
Devizes
Wiltshire
SN10 5NS

These financial statements were authorised for issue by the director on 25 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Decorative Interiors (South West) Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 30 April 2026 (continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Plant & Machinery	15% Reducing Balance
Office Equipment	25% Reducing Balance
Vehicles	25% Reducing Balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Decorative Interiors (South West) Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 30 April 2026 (continued)

2	Accounting policies (continued)

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2 (2025 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	-	13,668

Decorative Interiors (South West) Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 30 April 2026 (continued)

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2025	7,000	7,000
Disposals	(7,000)	(7,000)
At 30 April 2026	-	-
Amortisation
At 1 March 2025	7,000	7,000
Amortisation eliminated on disposals	(7,000)	(7,000)
At 30 April 2026	-	-
Carrying amount
At 30 April 2026	-	-

6	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2025	5,706	82,933	88,639
Additions	498	6,658	7,156
Disposals	(6,204)	(89,591)	(95,795)
At 30 April 2026	-	-	-
Depreciation
At 1 March 2025	3,023	43,348	46,371
Eliminated on disposal	(3,023)	(43,348)	(46,371)
At 30 April 2026	-	-	-
Carrying amount
At 30 April 2026	-	-	-
At 28 February 2025	2,683	39,585	42,268

Decorative Interiors (South West) Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 30 April 2026 (continued)

7

Debtors

Current	Note	2026 £	2025 £
Trade debtors		-	14,676
Amounts owed by related parties		1,847	-
Prepayments		-	2,643
Other debtors		751	2,687
		2,598	20,006

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	-	1,998
Trade creditors		-	326
Amounts owed to group undertakings and undertakings in which the company has a participating interest		-	464
Taxation and social security		33,834	27,972
Other creditors		-	883
		33,834	31,643

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	-	7,105

9	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Bank overdrafts	-	1,998