Home image DIY Ltd - Filleted accounts

Registered number

03554772

Home image DIY Ltd

Filleted Accounts

31 January 2026

Home image DIY Ltd
Registered number:		03554772
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		176,101			176,373

Current assets
Stocks		230,022			247,459
Debtors	4	41,987			38,887
Cash at bank and in hand		44,243			52,857
		316,252			339,203

Creditors: amounts falling due within one year	5	(153,611)			(152,778)

Net current assets			162,641			186,425

Total assets less current liabilities			338,742			362,798

Creditors: amounts falling due after more than one year	6		(5,909)			(5,909)



Net assets			332,833			356,889

Capital and reserves
Called up share capital			300			300
Profit and loss account			332,533			356,589

Shareholders' funds			332,833			356,889

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.




Arshed Mahmood
Director
Approved by the board on 8 October 2026

Home image DIY Ltd
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.

	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:

	Freehold buildings	Nil
	Computer equipment	25% reducing balanee
	Fixtures and fittings	15% reducing balanee

	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.

	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			20		21


3	Tangible fixed assets
		Land and buildings		Fixture. fittings and equipment		Total
£			£		£
	Cost
	At 1 February 2025	156,224		117,986		274,210
	Additions	-		3,737		3,737
	At 31 January 2026	156,224		121,723		277,947

	Depreciation
	At 1 February 2025	-		97,837		97,837
	Charge for the year	-		4,009		4,009
	At 31 January 2026	-		101,846		101,846

	Net book value
	At 31 January 2026	156,224		19,877		176,101
	At 31 January 2025	156,224		20,149		176,373


4	Debtors			2026		2025
£					£

	Trade debtors			37,008		36,190
	Other debtors			4,979		2,697
				41,987		38,887


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

	Trade creditors			108,651		114,373
	Taxation and social security costs			43,012		33,746
	Other creditors			1,948		4,659
				153,611		152,778


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

	Other creditors			5,909		5,909


7	Other information

	Home image DIY Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	9 Rainforth Street
	Longsight
	Manchester
	M13 0RP