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REGISTERED NUMBER: 07054645 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Floortek Limited

Floortek Limited (Registered number: 07054645)






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


Floortek Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs N C White





REGISTERED OFFICE: Suite 2, Rauter House
Sybron Way
Jarvis Brook
Crowborough
East Sussex
TN6 3DZ





REGISTERED NUMBER: 07054645 (England and Wales)





ACCOUNTANTS: Aidos Accounting Limited
Suite 2, Rauter House
Sybron Way
Jarvis Brook
Crowborough
East Sussex
TN6 3DZ

Floortek Limited (Registered number: 07054645)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 79,429 72,146

CURRENT ASSETS
Debtors 5 46,069 14,745
Cash at bank 35,196 50,915
81,265 65,660
CREDITORS
Amounts falling due within one year 6 58,233 64,701
NET CURRENT ASSETS 23,032 959
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,461

73,105

CREDITORS
Amounts falling due after more than
one year

7

30,833

37,000
NET ASSETS 71,628 36,105

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 71,528 36,005
SHAREHOLDERS' FUNDS 71,628 36,105

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 director acknowledges her 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.

Floortek Limited (Registered number: 07054645)

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 director and authorised for issue on 6 November 2023 and were signed by:





Mrs N C White - Director


Floortek Limited (Registered number: 07054645)

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

1. STATUTORY INFORMATION

Floortek 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Floortek Limited (Registered number: 07054645)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 113,705
Additions 39,946
At 31 March 2023 153,651
DEPRECIATION
At 1 April 2022 41,559
Charge for year 32,663
At 31 March 2023 74,222
NET BOOK VALUE
At 31 March 2023 79,429
At 31 March 2022 72,146

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 46,069 14,745

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 4,535
Hire purchase contracts - 26,763
Trade creditors 8,242 9,308
Taxation and social security 22,135 14,701
Other creditors 27,856 9,394
58,233 64,701

Floortek Limited (Registered number: 07054645)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 30,833 37,000