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REGISTERED NUMBER: 12100850 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2024

for

A & B Flooring Holdings Ltd

A & B Flooring Holdings Ltd (Registered number: 12100850)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A & B Flooring Holdings Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: B F Brook
A W McLennan





REGISTERED OFFICE: Unit 15, Access 4:20
New Hythe Business Park
Bellingham Way
Aylesford
Kent
ME20 7HP





REGISTERED NUMBER: 12100850 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

A & B Flooring Holdings Ltd (Registered number: 12100850)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £ £
FIXED ASSETS
Investments 4 100 100

CURRENT ASSETS
Debtors 5 - 149,800
Cash at bank 100,055 57
100,055 149,857
CREDITORS
Amounts falling due within one year 6 (10,300 ) (60,000 )
NET CURRENT ASSETS 89,755 89,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,855

89,957

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 89,755 89,857
SHAREHOLDERS' FUNDS 89,855 89,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 16 September 2024 and were signed on its behalf by:





B F Brook - Director


A & B Flooring Holdings Ltd (Registered number: 12100850)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

A & B Flooring Holdings 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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 April 2023
and 31 March 2024 100
NET BOOK VALUE
At 31 March 2024 100
At 31 March 2023 100

A & B Flooring Holdings Ltd (Registered number: 12100850)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Amounts owed by group undertakings - 149,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Amounts owed to group undertakings 10,300 -
Other creditors - 60,000
10,300 60,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £ £
100 Ordinary 1 100 100

8. RESERVES
Retained
earnings
£

At 1 April 2023 89,857
Profit for the year 179,898
Dividends (180,000 )
At 31 March 2024 89,755

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed nil (2023: £30,000) to Mr B Brook. This loan is interest free and is repayable on demand.

At the year end, the company owed nil (2023: £30,000) to Mr A McLennan. This loan is interest free and is repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year, the company received dividends of £180,000 (2022 - £260,000) from A & B Flooring Ltd, a subsidiary undertaking.

At the year end, the company owed £10,300 (2023 - was owed £149,800) from A & B Flooring Ltd.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B Brook and Mr A McLennan by virtue of their control of the company.