Company Registration No. 04968074 (England and Wales)
Assured Fine Furniture Limited
Unaudited accounts
for the year ended 31 March 2026
Assured Fine Furniture Limited
Unaudited accounts
Contents
Assured Fine Furniture Limited
Company Information
for the year ended 31 March 2026
Directors
Peter Nicholson
Frances Nicholson
Company Number
04968074 (England and Wales)
Registered Office
165 Davyhulme Road
Stretford
Manchester
M32 0AR
Accountants
Rebecca Williams Accountants Limited
62 Derbyshire Road
Sale
M33 3EL
Assured Fine Furniture Limited
Statement of financial position
as at 31 March 2026
Creditors: amounts falling due within one year
(23,562)
(23,300)
Net current liabilities
(20,062)
(19,800)
Total assets less current liabilities
(19,194)
(18,668)
Creditors: amounts falling due after more than one year
-
(1,200)
Net liabilities
(19,194)
(19,868)
Called up share capital
100
100
Profit and loss account
(19,294)
(19,968)
Shareholders' funds
(19,194)
(19,868)
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2026 and were signed on its behalf by
Peter Nicholson
Director
Company Registration No. 04968074
Assured Fine Furniture Limited
Notes to the Accounts
for the year ended 31 March 2026
Assured Fine Furniture Limited is a private company, limited by shares, registered in England and Wales, registration number 04968074. The registered office is 165 Davyhulme Road, Stretford, Manchester, M32 0AR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
At the balance sheet date, the company had net liabilities of £19,194. The net liability position is principally due to amounts owed to the directors.
The directors have confirmed that they will continue to provide financial support to the company and will not seek repayment of amounts due to them to the extent that such repayment would prejudice the company's ability to meet its liabilities as they fall due.
Accordingly, the directors consider that the company has adequate resources to continue in operational existence for the foreseeable future and consider it appropriate to prepare the financial statements on a going concern basis.
Assured Fine Furniture Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
9,447
1,752
11,199
At 31 March 2026
9,447
1,752
11,199
At 1 April 2025
8,315
1,752
10,067
Charge for the year
264
-
264
At 31 March 2026
8,579
1,752
10,331
At 31 March 2026
868
-
868
At 31 March 2025
1,132
-
1,132
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
3,262
3,638
Loans from directors
19,615
19,002
6
Creditors: amounts falling due after more than one year
2026
2025
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).