FLOORTEX EUROPE LIMITED

Company Registration Number:
04338164 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

FLOORTEX EUROPE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

FLOORTEX EUROPE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 659,868 698,284
Total fixed assets: 659,868 698,284
Current assets
Stocks: 899,321 1,056,414
Debtors:   1,724,105 2,217,439
Cash at bank and in hand: 2,422,809 1,983,833
Total current assets: 5,046,235 5,257,686
Creditors: amounts falling due within one year:   (1,187,671) (1,594,057)
Net current assets (liabilities): 3,858,564 3,663,629
Total assets less current liabilities: 4,518,432 4,361,913
Creditors: amounts falling due after more than one year: 4 (105,640) (230,566)
Provision for liabilities: (27,749) (25,615)
Total net assets (liabilities): 4,385,043 4,105,732
Capital and reserves
Called up share capital: 600 600
Other reserves: 400 400
Profit and loss account: 4,384,043 4,104,732
Shareholders funds: 4,385,043 4,105,732

The notes form part of these financial statements

FLOORTEX EUROPE LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 August 2024
and signed on behalf of the board by:

Name: S P J Bull
Status: Director

The notes form part of these financial statements

FLOORTEX EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLOORTEX EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 37 37

FLOORTEX EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,041,284
Additions 2,486
At 31 December 2023 1,043,770
Depreciation
At 01 January 2023 343,000
Charge for year 40,902
At 31 December 2023 383,902
Net book value
At 31 December 2023 659,868
At 31 December 2022 698,284

FLOORTEX EUROPE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due after more than one year note

Included within creditors: amounts falling due after more than one year is an amount of £ 4,864 (2022 £145,000 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date. The loans are repayable by instalments.