SPECIALIST FLOORING GROUP LIMITED | |
UNAUDITED FINANCIAL STATEMENTS | |
FOR THE YEAR ENDED 31 JANUARY 2024 | |
SPECIALIST FLOORING GROUP LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JANUARY 2024 | |||
DIRECTORS | |||
N Brennan | |||
S King | |||
S Finchem | |||
SECRETARY | |||
REGISTERED OFFICE | |||
East Malling Enterprise Centre New Road East Malling Kent ME19 6BJ |
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COMPANY REGISTERED NUMBER | |||
14569222 | |||
BANKERS | |||
Natwest Bank Plc. | |||
ACCOUNTANTS | |||
Haartwells Limited | |||
Chartered Certified Accountants | |||
25 Park Street West Luton LU1 3BE |
page 1 | |
SPECIALIST FLOORING GROUP LIMITED | |||
FINANCIAL STATEMENTS | |||
FOR THE YEAR ENDED 31 JANUARY 2024 | |||
CONTENTS | |||
Pages | |||
3 | Statement of Financial Position | ||
4-8 | Notes to the Financial Statements | ||
page 2 | |
Company registered number: |
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STATEMENT OF FINANCIAL POSITION AT |
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Note | 2024 | |||
£ | £ | |||
FIXED ASSETS | ||||
Property, plant and equipment | 3 | |||
CURRENT ASSETS | ||||
Debtors | 4 | |||
Cash at bank and in hand | ||||
CREDITORS: Amounts falling due within one year | 5 | |||
NET CURRENT LIABILITIES | ( |
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NET ASSETS | £ |
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CAPITAL AND RESERVES | ||||
Called up share capital | ||||
Retained earnings | ||||
SHAREHOLDERS' FUNDS | £ |
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In approving these financial statements as directors of the company we hereby confirm the following: | |||
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. | |||
The financial statements were approved and authorised for issue by the board of directors on |
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Signed on behalf of the board of directors | |||
The notes on pages 4-8 form part of these financial statements | |
page 3 | |
SPECIALIST FLOORING GROUP LIMITED | ||
NOTES TO THE ACCOUNTS | ||
FOR THE YEAR ENDED 31 JANUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES | |
1a. | Statement of compliance | ||
Registered office: | |||
New Road East Malling Kent ME19 6BJ |
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These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 February 2023. | |||
Basis of accounting | |||
1c. | Revenue recognition | ||
1d. | Borrowing costs | ||
1e. | Taxation | ||
The notes on pages 4-8 form part of these financial statements | |
page 4 | |
SPECIALIST FLOORING GROUP LIMITED | ||
NOTES TO THE ACCOUNTS (CONT.) | ||
FOR THE YEAR ENDED 31 JANUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1f. | Property, plant and equipment | ||
Plant and machinery | |||
Vehicles | |||
Fixtures and fittings | |||
Equipment |
1g. | Inventories | ||
1h. | Short term debtors and creditors | ||
1i. | Cash and cash equivalents | ||
1j. | Interest bearing borrowings | ||
1k. | Leased assets | ||
The notes on pages 4-8 form part of these financial statements | |
page 5 | |
SPECIALIST FLOORING GROUP LIMITED | ||
NOTES TO THE ACCOUNTS (CONT.) | ||
FOR THE YEAR ENDED 31 JANUARY 2024 |
1. | SIGNIFICANT ACCOUNTING POLICIES (CONT.) |
1l. | Foreign currencies | ||
1m. | Employee benefits | ||
1n. | Discontinued operations | ||
1o. | Provisions | ||
1p. | Judgements and key sources of estimation uncertainty | ||
The notes on pages 4-8 form part of these financial statements | |
page 6 | |
SPECIALIST FLOORING GROUP LIMITED | ||
NOTES TO THE ACCOUNTS (CONT.) | ||
FOR THE YEAR ENDED 31 JANUARY 2024 |
2. | DIRECTORS AND EMPLOYEES | |
Employee costs during the year amounted to: | 2024 | |
£ | ||
Wages and salaries | ||
The average weekly number of employees during the year were as follows: | ||
2024 | ||
No. | ||
Management and administration | ||
Production and sales | ||
3. | PROPERTY, PLANT AND EQUIPMENT | |||
Plant & | Fixtures & | |||
Machinery | Equipment | Total | ||
£ | £ | £ | ||
Cost | ||||
Additions other than through business combinations | ||||
At 31 January 2024 | ||||
Depreciation | ||||
For the year | ||||
At 31 January 2024 | ||||
Net Book Amounts | ||||
At 31 January 2024 | ||||
4. | DEBTORS | 2024 |
£ | ||
Trade debtors | ||
Social security and other taxes | ||
£ |
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The notes on pages 4-8 form part of these financial statements | |
page 7 | |
SPECIALIST FLOORING GROUP LIMITED | ||
NOTES TO THE ACCOUNTS (CONT.) | ||
FOR THE YEAR ENDED 31 JANUARY 2024 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
2024 | ||
£ | ||
Trade creditors | ||
Corporation tax | ||
Other creditors | ||
Accruals and deferred income | ||
£ |
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The notes on pages 4-8 form part of these financial statements | |
page 8 |