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REGISTERED NUMBER: 12183879 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

PORTERS CARPET AND FLOORING LIMITED

PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)






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


PORTERS CARPET AND FLOORING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: M A Porter
S C Porter





REGISTERED OFFICE: 3 Church Street
Odiham
Hook
Hampshire
RG29 1LU





REGISTERED NUMBER: 12183879 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,758 2,766

CURRENT ASSETS
Stocks 62,000 44,000
Debtors 5 13,556 13,998
Cash at bank and in hand 4,941 3,327
80,497 61,325
CREDITORS
Amounts falling due within one year 6 40,596 14,819
NET CURRENT ASSETS 39,901 46,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,659

49,272

CREDITORS
Amounts falling due after more than one year 7 37,254 41,666
NET ASSETS 4,405 7,606

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,305 7,506
4,405 7,606

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 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.

PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)

BALANCE SHEET - continued
30 APRIL 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 23 October 2023 and were signed on its behalf by:




S C Porter - Director



M A Porter - Director


PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)

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

1. STATUTORY INFORMATION

Porters Carpet and Flooring 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.
Plant and machinery etc - 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.

3. EMPLOYEES AND DIRECTORS

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

PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 5,167
Disposals (1,000 )
At 30 April 2023 4,167
DEPRECIATION
At 1 May 2022 2,401
Charge for year 586
Eliminated on disposal (578 )
At 30 April 2023 2,409
NET BOOK VALUE
At 30 April 2023 1,758
At 30 April 2022 2,766

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,975 11,975
Other debtors 2,581 2,023
13,556 13,998

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,882 5,882
Trade creditors 16,196 7,568
Taxation and social security 118 118
Other creditors 18,400 1,251
40,596 14,819

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 37,254 41,666

PORTERS CARPET AND FLOORING LIMITED (REGISTERED NUMBER: 12183879)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,725 18,137