IRIS Accounts Production v24.2.0.383 03238235 Board of Directors 1.9.22 30.8.23 30.8.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh032382352022-08-31032382352023-08-30032382352022-09-012023-08-30032382352021-08-31032382352021-09-012022-08-31032382352022-08-3103238235ns15:EnglandWales2022-09-012023-08-3003238235ns14:PoundSterling2022-09-012023-08-3003238235ns10:Director12022-09-012023-08-3003238235ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3003238235ns10:SmallEntities2022-09-012023-08-3003238235ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3003238235ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3003238235ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3003238235ns10:FullAccounts2022-09-012023-08-3003238235ns10:OrdinaryShareClass12022-09-012023-08-3003238235ns10:Director22022-09-012023-08-3003238235ns10:CompanySecretary12022-09-012023-08-3003238235ns10:RegisteredOffice2022-09-012023-08-3003238235ns5:CurrentFinancialInstruments2023-08-3003238235ns5:CurrentFinancialInstruments2022-08-3103238235ns5:Non-currentFinancialInstruments2023-08-3003238235ns5:Non-currentFinancialInstruments2022-08-3103238235ns5:ShareCapital2023-08-3003238235ns5:ShareCapital2022-08-3103238235ns5:RetainedEarningsAccumulatedLosses2023-08-3003238235ns5:RetainedEarningsAccumulatedLosses2022-08-3103238235ns5:PlantMachinery2022-09-012023-08-3003238235ns5:LandBuildings2022-08-3103238235ns5:LandBuildingsns5:ShortLeaseholdAssets2022-08-3103238235ns5:PlantMachinery2022-08-3103238235ns5:MotorVehicles2022-08-3103238235ns5:LandBuildings2022-09-012023-08-3003238235ns5:LandBuildingsns5:ShortLeaseholdAssets2022-09-012023-08-3003238235ns5:MotorVehicles2022-09-012023-08-3003238235ns5:LandBuildings2023-08-3003238235ns5:LandBuildingsns5:ShortLeaseholdAssets2023-08-3003238235ns5:PlantMachinery2023-08-3003238235ns5:MotorVehicles2023-08-3003238235ns5:LandBuildings2022-08-3103238235ns5:LandBuildingsns5:ShortLeaseholdAssets2022-08-3103238235ns5:PlantMachinery2022-08-3103238235ns5:MotorVehicles2022-08-3103238235ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-012023-08-3003238235ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-08-3003238235ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3003238235ns5:WithinOneYearns5:CurrentFinancialInstruments2022-08-3103238235ns5:DeferredTaxation2022-08-3103238235ns5:DeferredTaxation2022-09-012023-08-3003238235ns5:DeferredTaxation2023-08-3003238235ns10:OrdinaryShareClass12023-08-30032382351ns10:Director12022-08-31032382351ns10:Director12021-08-31032382351ns10:Director12022-09-012023-08-30032382351ns10:Director12021-09-012022-08-31032382351ns10:Director12023-08-30032382351ns10:Director12022-08-31
REGISTERED NUMBER: 03238235 (England and Wales)






















West Derby Carpets & Blinds Limited

Unaudited Financial Statements

for the period

1 September 2022 to 30 August 2023






West Derby Carpets & Blinds Limited (Registered number: 03238235)






Contents of the Financial Statements
for the period 1 September 2022 to 30 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


West Derby Carpets & Blinds Limited

Company Information
for the period 1 September 2022 to 30 August 2023







DIRECTORS: R L Mansfield
Mrs S E Mansfield





SECRETARY: H Mansfield





REGISTERED OFFICE: Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ





REGISTERED NUMBER: 03238235 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
Adelphi Chambers
30 Hoghton Street
Southport
Merseyside
PR9 0NZ

West Derby Carpets & Blinds Limited (Registered number: 03238235)

Balance Sheet
30 August 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 372,981 315,328

CURRENT ASSETS
Stocks 32,250 30,600
Debtors 5 570,270 432,804
Cash at bank 17,913 10,013
620,433 473,417
CREDITORS
Amounts falling due within one year 6 (452,712 ) (396,900 )
NET CURRENT ASSETS 167,721 76,517
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,702

391,845

CREDITORS
Amounts falling due after more than one year 7 (88,981 ) (50,795 )

PROVISIONS FOR LIABILITIES 8 (9,443 ) (9,181 )
NET ASSETS 442,278 331,869

CAPITAL AND RESERVES
Called up share capital 9 50 50
Retained earnings 442,228 331,819
SHAREHOLDERS' FUNDS 442,278 331,869

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





R L Mansfield - Director


West Derby Carpets & Blinds Limited (Registered number: 03238235)

Notes to the Financial Statements
for the period 1 September 2022 to 30 August 2023

1. STATUTORY INFORMATION

West Derby Carpets & Blinds Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 15% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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.

West Derby Carpets & Blinds Limited (Registered number: 03238235)

Notes to the Financial Statements - continued
for the period 1 September 2022 to 30 August 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2022 - 17 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and Motor
property leasehold machinery vehicles Totals
£ £ £ £ £
COST
At 1 September 2022 230,000 42,041 123,392 - 395,433
Additions - - - 71,272 71,272
At 30 August 2023 230,000 42,041 123,392 71,272 466,705
DEPRECIATION
At 1 September 2022 - - 80,105 - 80,105
Charge for period - - 6,492 7,127 13,619
At 30 August 2023 - - 86,597 7,127 93,724
NET BOOK VALUE
At 30 August 2023 230,000 42,041 36,795 64,145 372,981
At 31 August 2022 230,000 42,041 43,287 - 315,328

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£
COST
Additions 71,272
At 30 August 2023 71,272
DEPRECIATION
Charge for period 7,127
At 30 August 2023 7,127
NET BOOK VALUE
At 30 August 2023 64,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 318,757 301,416
Other debtors 251,513 131,388
570,270 432,804

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 2,563 4,151
Hire purchase contracts 12,933 6,946
Trade creditors 177,680 136,147
Amounts owed to group undertakings 23,096 94,189
Taxation and social security 174,208 111,241
Other creditors 62,232 44,226
452,712 396,900

West Derby Carpets & Blinds Limited (Registered number: 03238235)

Notes to the Financial Statements - continued
for the period 1 September 2022 to 30 August 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Hire purchase contracts 64,231 15,045
Other creditors 24,750 35,750
88,981 50,795

8. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 9,443 9,181

Deferred tax
£
Balance at 1 September 2022 9,181
Provided during period 262
Balance at 30 August 2023 9,443

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
50 Ordinary £1 50 50

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 August 2023 and the year ended 31 August 2022:

2023 2022
£ £
R L Mansfield
Balance outstanding at start of period 131,388 85,882
Amounts advanced 210,124 132,864
Amounts repaid (96,786 ) (87,358 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 244,726 131,388

The overdrawn loan balance with the director was partially repaid within 9 months of the year end and interest has been charged at HMRC rates.