RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Company Registration Number:
NI646560 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 December 2023

Period of accounts

Start date: 31 December 2022

End date: 30 December 2023

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2023

Balance sheet
Notes

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Balance sheet

As at 30 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 34,391 63,443
Investments:   0 0
Total fixed assets: 34,391 63,443
Current assets
Stocks: 271,557 235,425
Debtors:   125,416 202,461
Cash at bank and in hand: 2,553 6,016
Investments:   0 0
Total current assets: 399,526 443,902
Creditors: amounts falling due within one year:   (682,836) (583,721)
Net current assets (liabilities): (283,310) (139,819)
Total assets less current liabilities: (248,919) (76,376)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (248,919) (76,376)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (249,019) (76,476)
Shareholders funds: (248,919) (76,376)

The notes form part of these financial statements

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Balance sheet statements

For the year ending 30 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: Christopher Dineen
Status: Director

The notes form part of these financial statements

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

3. Tangible Assets

Total
Cost £
At 31 December 2022 255,611
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 December 2023 255,611
Depreciation
At 31 December 2022 192,168
Charge for year 29,052
At 30 December 2023 221,220
Net book value
At 30 December 2023 34,391
At 30 December 2022 63,443

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

4. Related party transactions

Name of the related party: Railway Tiles
Relationship:
Connected Party
Description of the Transaction: Crosscharge of expenses
£
Balance at 31 December 2022 429,153
Balance at 30 December 2023 525,736

RIGHT PRICE TILES AND WOOD FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

5. Post balance sheet events

There have been no significant events affecting the company since the financial year-end.