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Company Registration No. 02283672 (England and Wales)
The U.K. Carpet Syndicate Limited Unaudited accounts for the year ended 31 December 2023
The U.K. Carpet Syndicate Limited Unaudited accounts Contents
Page
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The U.K. Carpet Syndicate Limited Company Information for the year ended 31 December 2023
Director
Mr Peter John Middleton
Company Number
02283672 (England and Wales)
Registered Office
Moniton Trading Estate Unit 19 Enterprise Centre, West Ham Lane Basingstoke Hampshire RG22 6NQ ENGLAND
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The U.K. Carpet Syndicate Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,437 
49,471 
Investments
100,000 
100,000 
134,437 
149,471 
Current assets
Inventories
17,420 
23,005 
Debtors
190,306 
172,163 
Cash at bank and in hand
77,721 
111,566 
285,447 
306,734 
Creditors: amounts falling due within one year
(107,358)
(151,869)
Net current assets
178,089 
154,865 
Total assets less current liabilities
312,526 
304,336 
Creditors: amounts falling due after more than one year
(21,622)
(21,236)
Net assets
290,904 
283,100 
Capital and reserves
Called up share capital
400 
400 
Revaluation reserve
600 
600 
Profit and loss account
289,904 
282,100 
Shareholders' funds
290,904 
283,100 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 2 September 2024 and were signed on its behalf by
Mr Peter John Middleton Director Company Registration No. 02283672
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The U.K. Carpet Syndicate Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The U.K. Carpet Syndicate Limited is a private company, limited by shares, registered in England and Wales, registration number 02283672. The registered office is Moniton Trading Estate, Unit 19 Enterprise Centre, West Ham Lane, Basingstoke, Hampshire, RG22 6NQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Over the life of the lease
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
10,000 
At 31 December 2023
10,000 
Amortisation
At 1 January 2023
10,000 
At 31 December 2023
10,000 
Net book value
At 31 December 2023
- 
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The U.K. Carpet Syndicate Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
57,810 
243 
39,799 
21,593 
119,445 
Additions
- 
- 
33,075 
- 
33,075 
Disposals
- 
- 
(34,824)
(6,478)
(41,302)
At 31 December 2023
57,810 
243 
38,050 
15,115 
111,218 
Depreciation
At 1 January 2023
57,810 
243 
4,975 
6,946 
69,974 
Charge for the year
- 
- 
6,202 
1,335 
7,537 
Surplus on revaluation
- 
- 
- 
(730)
(730)
At 31 December 2023
57,810 
243 
11,177 
7,551 
76,781 
Net book value
At 31 December 2023
- 
- 
26,873 
7,564 
34,437 
At 31 December 2022
- 
- 
34,824 
14,647 
49,471 
6
Investments
Other investments 
£ 
Valuation at 1 January 2023
100,000 
Valuation at 31 December 2023
100,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
171,861 
161,334 
Accrued income and prepayments
18,445 
9,129 
Other debtors
- 
1,700 
190,306 
172,163 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,077 
14,406 
Obligations under finance leases and hire purchase contracts
5,167 
5,167 
Trade creditors
42,114 
76,748 
Taxes and social security
14,311 
17,348 
Accruals
37,689 
38,200 
107,358 
151,869 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
21,622 
21,236 
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The U.K. Carpet Syndicate Limited Notes to the Accounts for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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