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REGISTERED NUMBER: 04579947 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BLACKLOCK CARPETS LIMITED

BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLACKLOCK CARPETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mrs C Blacklock
S G Blacklock
B R Blacklock
Mrs J Blacklock





REGISTERED OFFICE: 10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY





BUSINESS ADDRESS: 114 Station Road
Beeston
Nottingham
NG9 2AY





REGISTERED NUMBER: 04579947 (England and Wales)





ACCOUNTANTS: seven7seven
10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY

BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,311 8,590

CURRENT ASSETS
Stocks 5 17,307 16,346
Debtors 6 21,068 32,824
Cash at bank and in hand 44,021 65,593
82,396 114,763
CREDITORS
Amounts falling due within one year 7 68,649 71,317
NET CURRENT ASSETS 13,747 43,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,058

52,036

PROVISIONS FOR LIABILITIES 4,249 1,504
NET ASSETS 28,809 50,532

CAPITAL AND RESERVES
Called up share capital 201 201
Retained earnings 28,608 50,331
SHAREHOLDERS' FUNDS 28,809 50,532

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

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

BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)

BALANCE SHEET - continued
31 DECEMBER 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 12 April 2024 and were signed on its behalf by:





S G Blacklock - Director


BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)

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

1. STATUTORY INFORMATION

Blacklock Carpets 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Sale of goods
Turnover from the sale of carpets and flooring is measured at fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised when the signicant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Sale of services
Turnover from the supply and fitting of carpets and flooring is measured at fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised on completion of the fitting and customer signature of approval.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
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.

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.


BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
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.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 6,589 10,668 56,677 73,934
Additions 118 - 16,990 17,108
Disposals - - (11,975 ) (11,975 )
At 31 December 2023 6,707 10,668 61,692 79,067
DEPRECIATION
At 1 January 2023 5,407 7,795 52,142 65,344
Charge for year 195 431 5,255 5,881
Eliminated on disposal - - (11,469 ) (11,469 )
At 31 December 2023 5,602 8,226 45,928 59,756
NET BOOK VALUE
At 31 December 2023 1,105 2,442 15,764 19,311
At 31 December 2022 1,182 2,873 4,535 8,590

BLACKLOCK CARPETS LIMITED (REGISTERED NUMBER: 04579947)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. STOCKS
2023 2022
£    £   
Stocks 17,307 16,346

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,602 24,250
Amounts owed by group undertakings 4,478 4,899
Prepayments 4,988 3,675
21,068 32,824

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 21,647 14,692
Tax 23,621 29,747
Social security and other taxes 1,750 1,049
VAT 13,488 15,473
Other creditors 1,074 2,262
Directors' current accounts 3,540 5,911
Accruals and deferred income 3,529 2,183
68,649 71,317

8. RELATED PARTY DISCLOSURES

During the year loans were made to and from the directors of the company. At the balance sheet date £3,540 (2022 : £5,911) was owed to the directors.

The loans from the directors are included within creditors falling due in less than one year. The amounts are repayable on demand and do not bear interest.