REGISTERED NUMBER: 01302828 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Contessa Curtains Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D J Burmiston

Mrs D Bassett

SECRETARY:

Mrs D Bassett

REGISTERED OFFICE:

243/245

York Road

Hartlepool

TS26 9AD

REGISTERED NUMBER:

01302828 (England and Wales)

ACCOUNTANTS:

JBC Accountants Limited

Chartered Accountants

3B Lockheed Court

Preston Farm

Stockton on Tees

TS18 3SH

FIXED ASSETS

Tangible assets

4

52,667

65,433

Investments

5

11

1

52,678

65,434

CURRENT ASSETS

Stocks

292,443

140,814

Debtors

6

364,915

190,244

Cash at bank and in hand

332,813

251,605

990,171

582,663

CREDITORS

Amounts falling due within one year

7

582,187

313,780

NET CURRENT ASSETS

407,984

268,883

TOTAL ASSETS LESS CURRENT LIABILITIES

460,662

334,317

CREDITORS

Amounts falling due after more than one year

8

5,282

11,054

NET ASSETS

455,380

323,263

CAPITAL AND RESERVES

Called up share capital

2,250

2,250

Share premium

4,194

4,194

Retained earnings

448,936

316,819

455,380

323,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:

Mr D J Burmiston - Director

Mrs D Bassett - Director

1.	STATUTORY INFORMATION

Contessa Curtains 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

30% on reducing balance, 25% on reducing balance and 20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

18,236

250,497

268,733

Additions

-

617

617

At 30 April 2025

18,236

251,114

269,350

DEPRECIATION

At 1 May 2024

3,647

199,653

203,300

Charge for year

1,824

11,559

13,383

At 30 April 2025

5,471

211,212

216,683

NET BOOK VALUE

At 30 April 2025

12,765

39,902

52,667

At 30 April 2024

14,589

50,844

65,433

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

33,397

DEPRECIATION

At 1 May 2024

14,612

Charge for year

8,218

At 30 April 2025

22,830

NET BOOK VALUE

At 30 April 2025

10,567

At 30 April 2024

18,785

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

1

Additions

10

At 30 April 2025

11

NET BOOK VALUE

At 30 April 2025

11

At 30 April 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

131,459

79,022

Other debtors

233,456

111,222

364,915

190,244

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Hire purchase contracts

5,770

5,769

Trade creditors

198,315

169,256

Amounts owed to group undertakings

11

1

Taxation and social security

118,310

60,616

Other creditors

259,781

78,138

582,187

313,780

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Hire purchase contracts

5,282

11,054