Registration number: 05949975

Slinky Interiors Limited

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 9

Slinky Interiors Limited

Company Information

Director

Mr M J Phillips

Company secretary

Mrs J Phillips

Registered office

Station House Station Road Rugeley Staffordshire United Kingdom WS15 3HA

Accountants

Wychbury Greaves Station House Station Road Rugeley Staffordshire WS15 3HA

Slinky Interiors Limited

Profit and Loss Account for the Year Ended 31 December 2025

	Note	2025 £	2024 £
Turnover		597,381	1,153,585
Cost of sales		(495,819)	(908,678)
Gross profit		101,562	244,907
Administrative expenses		(68,058)	(134,604)
Operating profit		33,504	110,303
Loss on financial assets at fair value through profit and loss		(25,000)	(35,000)
Interest payable and similar expenses		(247)	(11,409)
		(25,247)	(46,409)
Profit before tax		8,257	63,894
Tax on profit		(7,673)	(19,403)
Profit for the financial year		584	44,491

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Slinky Interiors Limited

(Registration number: 05949975)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	37,969	50,626
Investment property	5	75,000	100,000
		112,969	150,626
Current assets
Debtors		31,961	82,575
Cash at bank and in hand		129,217	156,046
		161,178	238,621
Creditors: Amounts falling due within one year		(191,855)	(299,281)
Net current liabilities		(30,677)	(60,660)
Total assets less current liabilities		82,292	89,966
Creditors: Amounts falling due after more than one year		(33,493)	(39,401)
Provisions for liabilities		(6,357)	(8,707)
Net assets		42,442	41,858
Capital and reserves
Called up share capital	6	1,000	1,000
Retained earnings		41,442	40,858
Shareholders' funds		42,442	41,858

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 October 2026
 

......................................... Mr M J Phillips Director

Slinky Interiors Limited

Statement of Changes in Equity for the Year Ended 31 December 2025

	Share capital £	Retained earnings £	Total £
At 1 January 2025	1,000	40,858	41,858
Profit for the year	-	584	584
At 31 December 2025	1,000	41,442	42,442

	Share capital £	Retained earnings £	Total £
At 1 December 2023	1,000	56,367	57,367
Profit for the year	-	44,491	44,491
Dividends	-	(60,000)	(60,000)
At 31 December 2024	1,000	40,858	41,858

Slinky Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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:
Station House
Station Road
Rugeley
Staffordshire
WS15 3HA
United Kingdom

These financial statements were authorised for issue by the director on 9 October 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred 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.

Slinky Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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:

Asset class	Depreciation method and rate
Motor Vehicles	25% Reducing Balance
P&M	25% Reducing Balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Slinky Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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.

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.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Slinky Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 January 2025	406	6,393	18,883	65,305
At 31 December 2025	406	6,393	18,883	65,305
Depreciation
At 1 January 2025	406	5,821	18,883	15,251
Charge for the year	-	143	-	12,514
At 31 December 2025	406	5,964	18,883	27,765
Carrying amount
At 31 December 2025	-	429	-	37,540
At 31 December 2024	-	572	-	50,054

	Total £
Cost or valuation
At 1 January 2025	90,987
At 31 December 2025	90,987
Depreciation
At 1 January 2025	40,361
Charge for the year	12,657
At 31 December 2025	53,018
Carrying amount
At 31 December 2025	37,969
At 31 December 2024	50,626

5	Investment properties

	2025 £
At 1 January	100,000
Fair value adjustments	(25,000)
At 31 December	75,000

There has been no valuation of investment property by an independent valuer.

Slinky Interiors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	1,000	1,000	1,000	1,000

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	33,493	39,401

Current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	5,909	5,909

8

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £60.00) per ordinary share		-		60,000