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REGISTERED NUMBER: 05861448 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

PAUL ROGERS FLOORING LIMITED

PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAUL ROGERS FLOORING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2022







DIRECTOR: P J Rogers





SECRETARY: Mrs J Rogers





REGISTERED OFFICE: Unit C
Dunraven Business Park
Coychurch Road
Bridgend
CF31 3AP





REGISTERED NUMBER: 05861448 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)

BALANCE SHEET
30 JUNE 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 58,402 39,838
58,402 39,838

CURRENT ASSETS
Stocks 18,494 13,469
Debtors 6 52,166 35,805
Cash at bank 66,633 26,772
137,293 76,046
CREDITORS
Amounts falling due within one year 7 115,148 56,856
NET CURRENT ASSETS 22,145 19,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,547

59,028

CREDITORS
Amounts falling due after more than one
year

8

(38,264

)

(50,951

)

PROVISIONS FOR LIABILITIES (8,113 ) (4,395 )
NET ASSETS 34,170 3,682

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 34,168 3,680
34,170 3,682

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)

BALANCE SHEET - continued
30 JUNE 2022


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 director and authorised for issue on 7 September 2022 and were signed by:





P J Rogers - Director


PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

1. STATUTORY INFORMATION

Paul Rogers Flooring 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 2007, is being amortised evenly over its estimated useful life.

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.

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 reducing balance and 20% on reducing balance

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

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 tax
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.

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.

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.

PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2021
and 30 June 2022 35,000
AMORTISATION
At 1 July 2021
and 30 June 2022 35,000
NET BOOK VALUE
At 30 June 2022 -
At 30 June 2021 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2021 - 56,127 - 47,653 103,780
Additions 16,000 10,483 5,000 - 31,483
At 30 June 2022 16,000 66,610 5,000 47,653 135,263
DEPRECIATION
At 1 July 2021 - 37,413 - 26,529 63,942
Charge for year 800 5,837 1,000 5,282 12,919
At 30 June 2022 800 43,250 1,000 31,811 76,861
NET BOOK VALUE
At 30 June 2022 15,200 23,360 4,000 15,842 58,402
At 30 June 2021 - 18,714 - 21,124 39,838

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 51,261 32,264
Other debtors 905 3,541
52,166 35,805

PAUL ROGERS FLOORING LIMITED (REGISTERED NUMBER: 05861448)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,586 8,706
Hire purchase contracts 3,109 3,109
Trade creditors 48,187 15,712
Taxation and social security 23,948 1,214
Other creditors 30,318 28,115
115,148 56,856

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 31,716 41,294
Hire purchase contracts 6,548 9,657
38,264 50,951

9. RESERVES
Retained
earnings
£   

At 1 July 2021 3,680
Profit for the year 30,488
At 30 June 2022 34,168

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2022 and 30 June 2021:

2022 2021
£    £   
P J Rogers
Balance outstanding at start of year (6,823 ) (22,618 )
Amounts advanced - 15,795
Amounts repaid 4,797 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,026 ) (6,823 )