2022-04-01 07033456 2023-03-31 07033456 2022-04-01 2023-03-31 07033456 2022-03-31 07033456 2021-04-01 2022-03-31 07033456 uk-core:WithinOneYear 2022-03-31 07033456 uk-core:WithinOneYear 2023-03-31 07033456 uk-core:ShareCapital 2023-03-31 07033456 uk-core:ShareCapital 2022-03-31 07033456 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07033456 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 07033456 uk-bus:Director1 2022-04-01 2023-03-31 07033456 uk-core:NetGoodwill 2022-04-01 2023-03-31 07033456 uk-core:ToolsEquipment 2022-04-01 2023-03-31 07033456 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 07033456 uk-core:FurnitureFittings 2022-04-01 2023-03-31 07033456 uk-core:ToolsEquipment 2022-03-31 07033456 uk-core:FurnitureFittings 2022-03-31 07033456 uk-core:CommercialMotorVehicles 2022-03-31 07033456 uk-core:CommercialMotorVehicles 2023-03-31 07033456 uk-core:FurnitureFittings 2023-03-31 07033456 uk-core:ToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure 07033456 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07033456 uk-bus:FRS102 2022-04-01 2023-03-31 07033456 uk-bus:FullAccounts 2022-04-01 2023-03-31 07033456 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Chesterfield Carpets Limited
Registered Number:07033456
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Chesterfield Carpets Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07033456
As at 31 March 2023
Chesterfield Carpets Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
25,231
-
2
25,231
-
Current assets
Inventories
23,504
19,404
3
Trade and other receivables
14,224
7,957
4
393,415
Cash and cash equivalents
376,322
403,683
431,143
Trade and other payables: amounts falling due within one year
(102,849)
(74,449)
5
328,294
329,234
Net current assets
Total assets less current liabilities
354,465
328,294
354,465
Net assets
328,294
Capital and reserves
Called up share capital
20,000
20,000
Retained earnings
334,465
308,294
354,465
328,294
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Margaret Adams Director
These financial statements were approved and authorised for issue by the Board on 30 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Chesterfield Carpets Limited
Notes to the Financial Statements
Statutory Information
Chesterfield Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
07033456.
Principal place of business:
T/A United Carpets & Beds
516 Sheffield Rd
Chesterfield
S41 8LP
Registered address:
C/O Johnson Walker
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
25% Straight line
Commercial motor vehicles
10% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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5
For the year ended 31 March 2023
Chesterfield Carpets Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and fittings
Commercial motor
vehicles
£
£
£
£
Cost or valuation
At 01 April 2022
31,941
1,090
-
30,851
37,276
-
6,655
30,621
Additions
-
-
(4,375)
Disposals
(4,375)
At 31 March 2023
57,097
6,655
1,090
64,842
Provision for depreciation and impairment
At 01 April 2022
31,941
1,090
-
30,851
Charge for year
7,670
-
1,109
6,561
At 31 March 2023
39,611
1,090
1,109
37,412
At 31 March 2023
Net book value
19,685
5,546
-
25,231
At 31 March 2022
-
-
-
-
3. Inventories
2022
2023
£
£
Stocks
19,404
23,504
4. Trade and other receivables
2022
2023
£
£
Other debtors
7,957
14,224
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
34,967
33,772
Taxation and social security
25,215
45,757
Other creditors
14,267
23,320
74,449
102,849
6. Average number of persons employed
During the year the average number of employees was 0 (2022 : 4)
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