Company Registration No. 11656960 (England and Wales)
DELUXE CARPETS & FLOORING LTD
Unaudited accounts
for the year ended 30 November 2023
DELUXE CARPETS & FLOORING LTD
Statement of financial position
as at 30 November 2023
Tangible assets
16,167
10,196
Inventories
75,000
127,800
Cash at bank and in hand
291,367
102,202
Creditors: amounts falling due within one year
(196,775)
(141,448)
Net current assets
187,957
144,577
Total assets less current liabilities
204,124
154,773
Creditors: amounts falling due after more than one year
(5,148)
-
Net assets
198,976
154,773
Called up share capital
100
100
Profit and loss account
198,876
154,673
Shareholders' funds
198,976
154,773
For the year ending 30 November 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Mohammad Hussain Bin Rehan
Director
Company Registration No. 11656960
DELUXE CARPETS & FLOORING LTD
Notes to the Accounts
for the year ended 30 November 2023
DELUXE CARPETS & FLOORING LTD is a private company, limited by shares, registered in England and Wales, registration number 11656960. The registered office is UNIT 15, OWEN ROAD, WILLENHALL, WV13 2PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
3,403
4,900
3,636
11,939
Additions
1,392
8,000
589
9,981
At 30 November 2023
4,795
12,900
4,225
21,920
At 1 December 2022
284
1,123
336
1,743
Charge for the year
851
2,225
934
4,010
At 30 November 2023
1,135
3,348
1,270
5,753
At 30 November 2023
3,660
9,552
2,955
16,167
At 30 November 2022
3,119
3,777
3,300
10,196
DELUXE CARPETS & FLOORING LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Deferred tax asset
4,042
-
Accrued income and prepayments
3,273
2,844
Other debtors
11,050
53,179
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,993
-
Trade creditors
24,269
96,810
Taxes and social security
40,974
8,632
Other creditors
21,606
27,427
Loans from directors
94,520
166
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
5,148
-
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).