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REGISTERED NUMBER: 06526162 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

CARPET GIANT (YATE) LIMITED

CARPET GIANT (YATE) LIMITED (REGISTERED NUMBER: 06526162)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CARPET GIANT (YATE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr D S Morgan
Mr J E Price





SECRETARY: Mr J E Price





REGISTERED OFFICE: Unit 1
Waverley Road
Beeches Industrial Estate
Yate
Bristol
BS37 5QZ





REGISTERED NUMBER: 06526162 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

CARPET GIANT (YATE) LIMITED (REGISTERED NUMBER: 06526162)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 200,000 200,000

CURRENT ASSETS
Cash in hand 10 10

CREDITORS
Amounts falling due within one year 5 200,000 200,000
NET CURRENT LIABILITIES (199,990 ) (199,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10

10

CAPITAL AND RESERVES
Called up share capital 10 10
SHAREHOLDERS' FUNDS 10 10

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.

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 30 November 2023 and were signed on its behalf by:




Mr J E Price - Director



Mr D S Morgan - Director


CARPET GIANT (YATE) LIMITED (REGISTERED NUMBER: 06526162)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Carpet Giant (Yate) 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 200,000
NET BOOK VALUE
At 31 March 2023 200,000
At 31 March 2022 200,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 200,000 200,000

6. RELATED PARTY DISCLOSURES

The company has received a loan from Cotswold Rug Company Limited, its subsidiary company. The balance included in creditors in respect of this loan at 31 March 2023 was £200,000 (2022 - £200,000).

7. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, Mr D S Morgan and Mr J E Price.