IRIS Accounts Production v24.1.9.2 05510182 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055101822022-11-30055101822023-11-30055101822022-12-012023-11-30055101822021-11-30055101822021-12-012022-11-30055101822022-11-3005510182ns15:EnglandWales2022-12-012023-11-3005510182ns14:PoundSterling2022-12-012023-11-3005510182ns10:Director12022-12-012023-11-3005510182ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3005510182ns10:SmallEntities2022-12-012023-11-3005510182ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3005510182ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3005510182ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3005510182ns10:FullAccounts2022-12-012023-11-300551018212022-12-012023-11-3005510182ns10:Director22022-12-012023-11-3005510182ns10:Director32022-12-012023-11-3005510182ns10:Director42022-12-012023-11-3005510182ns10:RegisteredOffice2022-12-012023-11-3005510182ns5:CurrentFinancialInstruments2023-11-3005510182ns5:CurrentFinancialInstruments2022-11-3005510182ns5:Non-currentFinancialInstruments2023-11-3005510182ns5:Non-currentFinancialInstruments2022-11-3005510182ns5:ShareCapital2023-11-3005510182ns5:ShareCapital2022-11-3005510182ns5:RetainedEarningsAccumulatedLosses2023-11-3005510182ns5:RetainedEarningsAccumulatedLosses2022-11-3005510182ns5:NetGoodwill2022-12-012023-11-3005510182ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3005510182ns5:PlantMachinery2022-12-012023-11-3005510182ns5:FurnitureFittings2022-12-012023-11-3005510182ns5:MotorVehicles2022-12-012023-11-3005510182ns5:NetGoodwill2022-11-3005510182ns5:NetGoodwill2023-11-3005510182ns5:NetGoodwill2022-11-3005510182ns5:LeaseholdImprovements2022-11-3005510182ns5:PlantMachinery2022-11-3005510182ns5:FurnitureFittings2022-11-3005510182ns5:LeaseholdImprovements2022-12-012023-11-3005510182ns5:LeaseholdImprovements2023-11-3005510182ns5:PlantMachinery2023-11-3005510182ns5:FurnitureFittings2023-11-3005510182ns5:LeaseholdImprovements2022-11-3005510182ns5:PlantMachinery2022-11-3005510182ns5:FurnitureFittings2022-11-3005510182ns5:MotorVehicles2022-11-3005510182ns5:ComputerEquipment2022-11-3005510182ns5:ComputerEquipment2022-12-012023-11-3005510182ns5:MotorVehicles2023-11-3005510182ns5:ComputerEquipment2023-11-3005510182ns5:MotorVehicles2022-11-3005510182ns5:ComputerEquipment2022-11-3005510182ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3005510182ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3005510182ns5:DeferredTaxation2022-11-3005510182ns5:DeferredTaxation2022-12-012023-11-3005510182ns5:DeferredTaxation2023-11-3005510182ns10:Director332022-11-3005510182ns10:Director332021-11-3005510182ns10:Director332022-12-012023-11-3005510182ns10:Director332021-12-012022-11-3005510182ns10:Director332023-11-3005510182ns10:Director332022-11-3005510182ns10:Director222022-11-3005510182ns10:Director222021-11-3005510182ns10:Director222022-12-012023-11-3005510182ns10:Director222021-12-012022-11-3005510182ns10:Director222023-11-3005510182ns10:Director222022-11-30
















CHRISTIANS CARPETS LTD.

Unaudited Financial Statements

for the Year Ended 30 November 2023






CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHRISTIANS CARPETS LTD.

Company Information
for the year ended 30 November 2023







DIRECTORS: D R Christian
M D Christian
S A Christian
S E Christian





REGISTERED OFFICE: 4 Whitehall Place
Leeds
West Yorkshire
LS12 1AA





REGISTERED NUMBER: 05510182 (England and Wales)





ACCOUNTANTS: Beldenn Limited
Chartered Accountants
First Floor
68 Uppermoor
Pudsey
West Yorkshire
LS28 7EX

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53,899 40,351
53,899 40,351

CURRENT ASSETS
Stocks 60,268 57,026
Debtors 6 70,202 61,824
Cash at bank and in hand 464,423 393,482
594,893 512,332
CREDITORS
Amounts falling due within one year 7 177,488 138,319
NET CURRENT ASSETS 417,405 374,013
TOTAL ASSETS LESS CURRENT
LIABILITIES

471,304

414,364

CREDITORS
Amounts falling due after more than one
year

8

(25,369

)

(16,985

)

PROVISIONS FOR LIABILITIES 9 (12,622 ) (6,904 )
NET ASSETS 433,313 390,475

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 432,313 389,475
SHAREHOLDERS' FUNDS 433,313 390,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Balance Sheet - continued
30 November 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 19 August 2024 and were signed on its behalf by:





D R Christian - Director


CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Christians Carpets Ltd. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% 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.

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.

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 70,000
AMORTISATION
At 1 December 2022
and 30 November 2023 70,000
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 December 2022 10,640 18,308 16,267
Additions - 864 160
Disposals - - -
At 30 November 2023 10,640 19,172 16,427
DEPRECIATION
At 1 December 2022 6,627 15,233 9,478
Charge for year 602 394 695
Eliminated on disposal - - -
At 30 November 2023 7,229 15,627 10,173
NET BOOK VALUE
At 30 November 2023 3,411 3,545 6,254
At 30 November 2022 4,013 3,075 6,789

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022 51,762 2,179 99,156
Additions 28,305 2,045 31,374
Disposals (19,273 ) - (19,273 )
At 30 November 2023 60,794 4,224 111,257
DEPRECIATION
At 1 December 2022 26,279 1,188 58,805
Charge for year 12,803 759 15,253
Eliminated on disposal (16,700 ) - (16,700 )
At 30 November 2023 22,382 1,947 57,358
NET BOOK VALUE
At 30 November 2023 38,412 2,277 53,899
At 30 November 2022 25,483 991 40,351

The net book value of tangible fixed assets includes £ 33,958 (2022 - £ 33,958 ) in respect of assets held under hire purchase contracts.

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 65,496 57,499
Other debtors 4,706 4,325
70,202 61,824

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 11,335 5,995
Trade creditors 79,625 71,725
Taxation and social security 81,613 53,570
Other creditors 4,915 7,029
177,488 138,319

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 25,369 16,985

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 12,622 6,904

Deferred
tax
£   
Balance at 1 December 2022 6,904
Charge to Income Statement during year 5,718
Balance at 30 November 2023 12,622

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
S A Christian
Balance outstanding at start of year (864 ) 34,981
Amounts advanced 1,169 1,155
Amounts repaid - (37,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 305 (864 )

CHRISTIANS CARPETS LTD. (REGISTERED NUMBER: 05510182)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

M D Christian
Balance outstanding at start of year (2,069 ) (1,243 )
Amounts advanced 1,117 1,174
Amounts repaid - (2,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (952 ) (2,069 )

11. ULTIMATE CONTROLLING PARTY

During the two years ended 30th November 2023, D R Christian, S E Christian, S A Christian and M D Christian all directors, controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.