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Company Registration No. 14599110 (England and Wales)
Innovative Upholstery Ltd Unaudited accounts for the year ended 31 January 2026
Innovative Upholstery Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Innovative Upholstery Ltd Company Information for the year ended 31 January 2026
Director
Muhammad Tariq HUSSAIN
Company Number
14599110 (England and Wales)
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Innovative Upholstery Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,629 
19,024 
Current assets
Inventories
16,150 
8,100 
Debtors
5
946 
- 
Cash at bank and in hand
7 
617 
17,103 
8,717 
Creditors: amounts falling due within one year
6
(41,211)
(26,021)
Net current liabilities
(24,108)
(17,304)
Net assets
1,521 
1,720 
Capital and reserves
Profit and loss account
1,521 
1,720 
Shareholders' funds
1,521 
1,720 
For the year ending 31 January 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 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 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 and authorised for issue on 5 October 2026 and were signed on its behalf by
Muhammad Tariq HUSSAIN Director Company Registration No. 14599110
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Innovative Upholstery Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Innovative Upholstery Ltd is a private company, limited by shares, registered in England and Wales, registration number 14599110.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2025
23,200 
Additions
10,000 
At 31 January 2026
33,200 
Depreciation
At 1 February 2025
4,176 
Charge for the year
3,395 
At 31 January 2026
7,571 
Net book value
At 31 January 2026
25,629 
At 31 January 2025
19,024 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
946 
- 
- 5 -
Innovative Upholstery Ltd Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
5,043 
1,607 
Trade creditors
27,903 
16,030 
Taxes and social security
754 
403 
Other creditors
2,008 
2,008 
Loans from directors
5,503 
5,503 
Accruals
- 
470 
41,211 
26,021 
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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