ABC Blinds (South West) Limited

Registered number

05315124

Unaudited Filleted Accounts

31 January 2026

ABC Blinds (South West) Limited
Registered number:		05315124
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		17,261			22,689

Current assets
Stocks		20,000			68,200
Debtors	5	29,624			32,693
Cash at bank and in hand		79,663			16,020
		129,287			116,913

Creditors: amounts falling due within one year	6	(82,195)			(74,052)

Net current assets			47,092			42,861

Total assets less current liabilities			64,353			65,550


Provisions for liabilities			(3,280)			(4,311)


Net assets			61,073			61,239

Capital and reserves
Called up share capital			100			100
Profit and loss account			60,973			61,139

Shareholders' funds			61,073			61,239

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Houghton
Director
Approved by the board on 6 October 2026

ABC Blinds (South West) Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% Reducing balance
	Computers			15% Reducing balance
	Motor vehicles			25% Reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					8		10


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2025							95,000
	At 31 January 2026							95,000

	Amortisation
	At 1 February 2025							95,000
	At 31 January 2026							95,000

	Net book value
	At 31 January 2026							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 February 2025			37,311		53,478		90,789
	At 31 January 2026			37,311		53,478		90,789

	Depreciation
	At 1 February 2025			30,311		37,789		68,100
	Charge for the year			1,505		3,923		5,428
	At 31 January 2026			31,816		41,712		73,528

	Net book value
	At 31 January 2026			5,495		11,766		17,261
	At 31 January 2025			7,000		15,689		22,689


5	Debtors					2026		2025
£							£

	Debtors - Directors Account					14,458		12,982
	Other debtors					15,166		19,711
						29,624		32,693


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					22,517		26,335
	Taxation and social security costs					52,891		33,136
	Other creditors					6,787		14,581
						82,195		74,052


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£

	K & R Houghton
	Overdrawn loan account, interest free and unsecured	12,982		81,565		(80,089)		14,458

		12,982		81,565		(80,089)		14,458


8	Other information

	ABC Blinds (South West) Limited is a private company limited by shares and incorporated in England. Its registered office is:
	120 High Street
	Staple Hill
	Bristol
	BS16 5HH