Contents of the Financial Statements

for the Period Ended 31 March 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Directors

The director shown below has held office during the whole of the period from
1 April 2025 to 31 March 2026

Jake Henry

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 April 2026

And signed on behalf of the board by:
Name: Jake Henry
Status: Secretary

Profit And Loss Account

for the Period Ended 31 March 2026

	2026	2025
	£	£
Turnover:	46,099	28,985
Cost of sales:	( 12,000 )	( 91,635 )
Gross profit(or loss):	34,099	(62,650)
Administrative expenses:	( 25,035 )
Operating profit(or loss):	9,064	(62,650)
Profit(or loss) before tax:	9,064	(62,650)
Profit(or loss) for the financial year:	9,064	(62,650)

Balance sheet

As at 31 March 2026

	Notes	2026	2025
		£	£
Called up share capital not paid:		1	1
Fixed assets
Tangible assets:	3	14,568	13,004
Total fixed assets:		14,568	13,004
Current assets
Stocks:	4	51,000	45,000
Cash at bank and in hand:		21,500	20,000
Total current assets:		72,500	65,000
Net current assets (liabilities):		72,500	65,000
Total assets less current liabilities:		87,069	78,005
Total net assets (liabilities):		87,069	78,005
Capital and reserves
Called up share capital:		1	1
Other reserves:		87,068	78,004
Total Shareholders' funds:		87,069	78,005

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts receivable from the sale of rugs and homeware and from events associated with the company's retail activities, stated net of VAT, discounts and returns. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the customer, normally when the goods are delivered or collected. Revenue from events is recognised when the event takes place and the associated services have been provided. Amounts received in advance of the supply of goods or services are recognised as deferred income until the relevant performance obligations have been fulfilled.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less accumulated depreciation and any impairment losses. Depreciation is charged to write off the cost of tangible fixed assets, less their estimated residual values, over their expected useful economic lives. Leasehold improvements, including shop fit-out works, are depreciated on a straight-line basis over five years, or the remaining lease term if shorter. Depreciation commences when the assets are available for use.

  Valuation information and policy

  Stocks, comprising rugs and homeware held for resale, are valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes the purchase price and any directly attributable costs of bringing the goods to their present location and condition. Tangible fixed assets are stated at historical cost less accumulated depreciation and any impairment losses.

Notes to the Financial Statements

for the Period Ended 31 March 2026

• 2. Employees

  	2026	2025
  Average number of employees during the period	1	1