REGISTERED NUMBER: 02773508 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

CML Decorators Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms S V Mulligan

A J Mulligan

REGISTERED OFFICE:

Unit 1 Horton Building

Spitfire Park, Northfield Road

Market Deeping

Peterborough

Cambridgeshire

PE6 8WE

REGISTERED NUMBER:

02773508 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Intangible assets

4

3,304

-

Tangible assets

5

14,502

25,473

17,806

25,473

CURRENT ASSETS

Stocks

9,071

14,569

Debtors

6

352,223

150,725

Cash at bank

12,006

137,740

373,300

303,034

CREDITORS

Amounts falling due within one year

7

151,684

85,910

NET CURRENT ASSETS

221,616

217,124

TOTAL ASSETS LESS CURRENT LIABILITIES

239,422

242,597

CREDITORS

Amounts falling due after more than one year

8

(4,875

)

(10,749

)

PROVISIONS FOR LIABILITIES

-

(1,636

)

NET ASSETS

234,547

230,212

CAPITAL AND RESERVES

Called up share capital

10

300

300

Retained earnings

234,247

229,912

SHAREHOLDERS' FUNDS

234,547

230,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

A J Mulligan - Director

1.	STATUTORY INFORMATION

CML Decorators Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Motor vehicles

-

25% straight line

Computer equipment

-

33% on cost and 15% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Pension costs

The Company has paid into a defined contribution pension scheme. The contributions paid for the year are charged in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

3,500

At 31 January 2026

3,500

AMORTISATION

Charge for year

196

At 31 January 2026

196

NET BOOK VALUE

At 31 January 2026

3,304

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

20,584

141,098

4,289

165,971

Additions

580

-

-

580

Disposals

(15,988

)

(28,050

)

(1,804

)

(45,842

)

At 31 January 2026

5,176

113,048

2,485

120,709

DEPRECIATION

At 1 February 2025

18,171

119,246

3,081

140,498

Charge for year

711

9,982

821

11,514

Eliminated on disposal

(15,965

)

(28,047

)

(1,793

)

(45,805

)

At 31 January 2026

2,917

101,181

2,109

106,207

NET BOOK VALUE

At 31 January 2026

2,259

11,867

376

14,502

At 31 January 2025

2,413

21,852

1,208

25,473

Included within fixed assets are assets held under hire purchase agreements with a net book value of £11,865 (2025: £21,852). Depreciation charged on these assets in the year amounted to £8,371 (2025: £11,396).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

128,570

116,585

Other debtors

223,653

34,140

352,223

150,725

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

37,938

-

Hire purchase contracts

5,874

9,290

Trade creditors

24,258

20,108

Taxation and social security

59,924

41,369

Other creditors

23,690

15,143

151,684

85,910

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

4,875

10,749

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

37,938

-

Hire purchase contracts

10,749

20,039

48,687

20,039

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

300

Ordinary

£1

300

300