IRIS Accounts Production v23.2.0.158 10559994 director 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105599942022-04-30105599942023-04-30105599942022-05-012023-04-30105599942021-04-30105599942021-05-012022-04-30105599942022-04-3010559994ns10:Originalns15:EnglandWales2022-05-012023-04-3010559994ns14:PoundSterlingns10:Original2022-05-012023-04-3010559994ns10:Originalns10:Director12022-05-012023-04-3010559994ns10:Original2022-05-012023-04-3010559994ns10:Original2023-04-3010559994ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3010559994ns10:Originalns10:SmallEntities2022-05-012023-04-3010559994ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3010559994ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3010559994ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3010559994ns10:Originalns10:FullAccounts2022-05-012023-04-3010559994ns10:CompanySecretary1ns10:Original2022-05-012023-04-3010559994ns10:Originalns10:RegisteredOffice2022-05-012023-04-3010559994ns10:Original2022-04-3010559994ns10:Originalns5:CurrentFinancialInstruments2023-04-3010559994ns10:Originalns5:CurrentFinancialInstruments2022-04-3010559994ns10:Originalns5:Non-currentFinancialInstruments2023-04-3010559994ns10:Originalns5:Non-currentFinancialInstruments2022-04-3010559994ns5:ShareCapitalns10:Original2023-04-3010559994ns5:ShareCapitalns10:Original2022-04-3010559994ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3010559994ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3010559994ns10:Originalns5:PlantMachinery2022-05-012023-04-3010559994ns10:Originalns5:MotorVehicles2022-05-012023-04-3010559994ns10:Originalns5:ComputerEquipment2022-05-012023-04-3010559994ns10:Original2021-05-012022-04-3010559994ns10:Originalns5:PlantMachinery2022-04-3010559994ns10:Originalns5:MotorVehicles2022-04-3010559994ns10:Originalns5:ComputerEquipment2022-04-3010559994ns10:Original2022-04-3010559994ns10:Originalns5:PlantMachinery2023-04-3010559994ns10:Originalns5:MotorVehicles2023-04-3010559994ns10:Originalns5:ComputerEquipment2023-04-3010559994ns10:Originalns5:PlantMachinery2022-04-3010559994ns10:Originalns5:MotorVehicles2022-04-3010559994ns10:Originalns5:ComputerEquipment2022-04-3010559994ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3010559994ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-30
REGISTERED NUMBER: 10559994 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

PH FLOORING SOLUTIONS LTD

PH FLOORING SOLUTIONS LTD (REGISTERED NUMBER: 10559994)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PH FLOORING SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: Mr Philip Martyn Hoggarth





SECRETARY: Ms Sherry Humphries





REGISTERED OFFICE: The Haven
Edge Dell
Scarborough
North Yorkshire
YO12 4LL





REGISTERED NUMBER: 10559994 (England and Wales)





ACCOUNTANTS: Fortus North Limited
Business Advisors & Accountants
5&6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU

PH FLOORING SOLUTIONS LTD (REGISTERED NUMBER: 10559994)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,366 8,975

CURRENT ASSETS
Stocks 2,800 2,500
Debtors 5 14,793 21,033
Cash at bank 4,210 4,122
21,803 27,655
CREDITORS
Amounts falling due within one year 6 13,380 12,870
NET CURRENT ASSETS 8,423 14,785
TOTAL ASSETS LESS CURRENT LIABILITIES 17,789 23,760

CREDITORS
Amounts falling due after more than one
year

7

(222

)

(1,474

)

PROVISIONS FOR LIABILITIES (1,780 ) (1,705 )
NET ASSETS 15,787 20,581

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 15,777 20,571
15,787 20,581

PH FLOORING SOLUTIONS LTD (REGISTERED NUMBER: 10559994)

BALANCE SHEET - continued
30 APRIL 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

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 and Loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2023 and were signed by:





Mr Philip Martyn Hoggarth - Director


PH FLOORING SOLUTIONS LTD (REGISTERED NUMBER: 10559994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

PH Flooring Solutions Ltd 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 (£).


The level of rounding used in the financial statements is to the nearest £1.

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
The turnover shown in the profit and loss account represents the total invoice value, excluding value added tax, of sales made during the year. Sales are recognised in the profit and loss account in the period in which the services are provided.

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 reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of costs and net realisable value, after making due allowance for obsolete and slow moving items. Cost is calculated on a first in, first out basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

PH FLOORING SOLUTIONS LTD (REGISTERED NUMBER: 10559994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


2. ACCOUNTING POLICIES - continued

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022 7,007 6,650 1,526 15,183
Additions 2,601 - - 2,601
At 30 April 2023 9,608 6,650 1,526 17,784
DEPRECIATION
At 1 May 2022 2,329 2,910 969 6,208
Charge for year 962 935 313 2,210
At 30 April 2023 3,291 3,845 1,282 8,418
NET BOOK VALUE
At 30 April 2023 6,317 2,805 244 9,366
At 30 April 2022 4,678 3,740 557 8,975

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,334 16,290
Other debtors 7,459 4,743
14,793 21,033

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,252 1,115
Trade creditors 59 82
Taxation and social security 7,914 7,223
Other creditors 4,155 4,450
13,380 12,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 222 1,474