1 March 2022 false No description of principal activity Taxfiler 2023.9.1 08405485business:PrivateLimitedCompanyLtd2022-03-012023-02-28 084054852022-02-28 084054852022-03-012023-02-28 08405485business:AuditExemptWithAccountantsReport2022-03-012023-02-28 08405485business:FilletedAccounts2022-03-012023-02-28 084054852023-02-28 084054852022-02-28 08405485core:WithinOneYear2023-02-28 08405485core:WithinOneYear2022-02-28 08405485core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08405485core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 08405485core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08405485core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 08405485core:PreviouslyStatedAmount2023-02-28 08405485core:PreviouslyStatedAmount2022-02-28 08405485business:SmallEntities2022-03-012023-02-28 08405485business:Director12022-03-012023-02-28 08405485countries:EnglandWales2022-03-012023-02-28 08405485business:RegisteredOffice2022-03-012023-02-28 08405485core:MotorVehicles2022-03-012023-02-28 08405485core:FurnitureFittings2022-03-012023-02-28 08405485core:MotorVehicles2022-02-28 08405485core:FurnitureFittings2022-02-28 08405485core:MotorVehicles2023-02-28 08405485core:FurnitureFittings2023-02-28 084054852021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 08405485 (England and Wales)
Home Carpets and Flooring Limited Unaudited accounts for the year ended 28 February 2023
Home Carpets and Flooring Limited Unaudited accounts Contents
Page
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Home Carpets and Flooring Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,222 
2,951 
Current assets
Inventories
2,500 
2,500 
Debtors
9,592 
7,336 
Cash at bank and in hand
12,670 
53,824 
24,762 
63,660 
Creditors: amounts falling due within one year
(58,796)
(83,519)
Net current liabilities
(34,034)
(19,859)
Net liabilities
(31,812)
(16,908)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(31,814)
(16,910)
Shareholders' funds
(31,812)
(16,908)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2023 and were signed on its behalf by
T Cullen Director Company Registration No. 08405485
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Home Carpets and Flooring Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Home Carpets and Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 08405485. The registered office is 16 River Street, Pewsey, Wiltshire, SN9 5DH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
10,900 
1,235 
12,135 
At 28 February 2023
10,900 
1,235 
12,135 
Depreciation
At 1 March 2022
8,142 
1,042 
9,184 
Charge for the year
690 
39 
729 
At 28 February 2023
8,832 
1,081 
9,913 
Net book value
At 28 February 2023
2,068 
154 
2,222 
At 28 February 2022
2,758 
193 
2,951 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,050 
6,794 
Accrued income and prepayments
542 
542 
9,592 
7,336 
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Home Carpets and Flooring Limited Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
29,250 
38,250 
VAT
9,940 
12,715 
Trade creditors
11,657 
11,298 
Taxes and social security
7,043 
20,400 
Other creditors
206 
206 
Accruals
700 
650 
58,796 
83,519 
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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