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REGISTERED NUMBER: 07043266 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2022

for

Meadow Carpets Limited

Meadow Carpets Limited (Registered number: 07043266)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Meadow Carpets Limited

Company Information
for the Year Ended 31 January 2022







DIRECTOR: R Hardy





REGISTERED OFFICE: Crundale Building
County Showground
Withybush Road
HAVERFORDWEST
Pembrokeshire
SA62 4BW





REGISTERED NUMBER: 07043266 (England and Wales)

Meadow Carpets Limited (Registered number: 07043266)

Abridged Balance Sheet
31 January 2022

31.1.22 31.1.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53,975 583
53,975 583

CURRENT ASSETS
Stocks 41,669 38,753
Cash at bank 16,679 29,299
58,348 68,052
CREDITORS
Amounts falling due within one year 51,029 42,021
NET CURRENT ASSETS 7,319 26,031
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,294

26,614

CREDITORS
Amounts falling due after more than one
year

54,474

-
NET ASSETS 6,820 26,614

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,720 26,514
SHAREHOLDERS' FUNDS 6,820 26,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Meadow Carpets Limited (Registered number: 07043266)

Abridged Balance Sheet - continued
31 January 2022


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 21 July 2022 and were signed by:





R Hardy - Director


Meadow Carpets Limited (Registered number: 07043266)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

Meadow Carpets 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of four years.

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.

Incidental costs are being amortised evenly over their 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 etc - 25% on cost

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2021
and 31 January 2022 123,047
AMORTISATION
At 1 February 2021
and 31 January 2022 123,047
NET BOOK VALUE

At 31 January 2022 -
At 31 January 2021 -

Meadow Carpets Limited (Registered number: 07043266)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2021 28,334
Additions 63,134
At 31 January 2022 91,468
DEPRECIATION
At 1 February 2021 27,751
Charge for year 9,742
At 31 January 2022 37,493
NET BOOK VALUE
At 31 January 2022 53,975
At 31 January 2021 583