IRIS Accounts Production v23.2.0.158 06921951 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069219512022-03-31069219512023-03-31069219512022-04-012023-03-31069219512021-03-31069219512021-04-012022-03-31069219512022-03-3106921951ns14:PoundSterlingns10:Original2022-04-012023-03-3106921951ns10:Originalns10:Director12022-04-012023-03-3106921951ns10:Original2022-04-012023-03-3106921951ns10:Originalns10:Director22022-04-012023-03-3106921951ns10:Original2023-03-3106921951ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3106921951ns10:Originalns10:SmallEntities2022-04-012023-03-3106921951ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3106921951ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106921951ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3106921951ns10:Originalns10:FullAccounts2022-04-012023-03-3106921951ns10:Originalns10:Director32022-04-012023-03-3106921951ns10:CompanySecretary1ns10:Original2022-04-012023-03-3106921951ns10:Originalns10:RegisteredOffice2022-04-012023-03-3106921951ns10:Original2022-03-3106921951ns10:Originalns5:CurrentFinancialInstruments2023-03-3106921951ns10:Originalns5:CurrentFinancialInstruments2022-03-3106921951ns10:Originalns5:Non-currentFinancialInstruments2023-03-3106921951ns10:Originalns5:Non-currentFinancialInstruments2022-03-3106921951ns5:ShareCapitalns10:Original2023-03-3106921951ns5:ShareCapitalns10:Original2022-03-3106921951ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3106921951ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3106921951ns10:Originalns5:PlantMachinery2022-04-012023-03-3106921951ns10:Originalns5:FurnitureFittings2022-04-012023-03-3106921951ns10:Originalns5:MotorVehicles2022-04-012023-03-3106921951ns10:Original2021-04-012022-03-3106921951ns10:Originalns5:PlantMachinery2022-03-3106921951ns10:Originalns5:FurnitureFittings2022-03-3106921951ns10:Originalns5:MotorVehicles2022-03-3106921951ns10:Original2022-03-3106921951ns10:Originalns5:PlantMachinery2023-03-3106921951ns10:Originalns5:FurnitureFittings2023-03-3106921951ns10:Originalns5:MotorVehicles2023-03-3106921951ns10:Originalns5:PlantMachinery2022-03-3106921951ns10:Originalns5:FurnitureFittings2022-03-3106921951ns10:Originalns5:MotorVehicles2022-03-3106921951ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106921951ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3106921951ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3106921951ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3106921951ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3106921951ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-03-3106921951ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3106921951ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 06921951












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Alliance Carpets Ltd

Alliance Carpets Ltd (Registered number: 06921951)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alliance Carpets Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: B D Lee
Mrs M J Lee
C A Lang





SECRETARY: B D Lee





REGISTERED OFFICE: Unit F
Dinas Enterprise Centre
Porth
Rhondda
RCT
CF39 9BL





REGISTERED NUMBER: 06921951





ACCOUNTANTS: C Hergest Ltd
AAT Licensed Accountant
28 High Street
Aberdare
RCT
CF44 7AA

Alliance Carpets Ltd (Registered number: 06921951)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,332 15,560

CURRENT ASSETS
Stocks 5 84,052 87,361
Debtors 6 19,347 21,381
Cash at bank 17,864 65,674
121,263 174,416
CREDITORS
Amounts falling due within one year 7 52,498 102,152
NET CURRENT ASSETS 68,765 72,264
TOTAL ASSETS LESS CURRENT
LIABILITIES

80,097

87,824

CREDITORS
Amounts falling due after more than one
year

8

33,333

43,333
NET ASSETS 46,764 44,491

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 9 46,614 44,341
SHAREHOLDERS' FUNDS 46,764 44,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Alliance Carpets Ltd (Registered number: 06921951)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 13 September 2023 and were signed on its behalf by:




C A Lang - Director



Mrs M J Lee - Director


Alliance Carpets Ltd (Registered number: 06921951)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Alliance Carpets Ltd is a private company, limited by shares , registered in Not specified/Other. 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% 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.

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.

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 6 (2022 - 6 ) .

Alliance Carpets Ltd (Registered number: 06921951)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 20,434 5,798 8,799 35,031
DEPRECIATION
At 1 April 2022 14,660 1,985 2,826 19,471
Charge for year 1,575 1,159 1,494 4,228
At 31 March 2023 16,235 3,144 4,320 23,699
NET BOOK VALUE
At 31 March 2023 4,199 2,654 4,479 11,332
At 31 March 2022 5,774 3,813 5,973 15,560

5. STOCKS
31.3.23 31.3.22
£    £   
Stocks 84,052 87,361

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 13,394 17,302
Alliance Carpet Mills Ltd 3,020 2,004
Prepayments 2,933 2,075
19,347 21,381

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts - 666
Trade creditors 30,958 41,599
Tax - 10,203
Social security and other taxes 2,758 4,443
VAT 10,129 815
Directors' current accounts 1,628 1,571
Accrued expenses 7,025 42,855
52,498 102,152

Alliance Carpets Ltd (Registered number: 06921951)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 10,800 11,040
Bank loans more 5 yr by instal 22,533 32,293
33,333 43,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,533 32,293

9. RESERVES
Retained
earnings
£   

At 1 April 2022 44,341
Profit for the year 2,273
At 31 March 2023 46,614