Company Registration No. 08608704 (England and Wales)
London Carpets And Flooring Ltd
Unaudited accounts
for the year ended 31 July 2024
London Carpets And Flooring Ltd
Unaudited accounts
Contents
London Carpets And Flooring Ltd
Company Information
for the year ended 31 July 2024
Company Number
08608704 (England and Wales)
Registered Office
129a Woodlands Road
Ilford
IG1 1JP
England
Accountants
AISHA & CO ACCOUNTANTS LTD
London Carpets And Flooring Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
43,150
28,150
Cash at bank and in hand
2,447
5,000
Creditors: amounts falling due within one year
(28,000)
(34,000)
Net current liabilities
(12,553)
(18,000)
Profit and loss account
30,597
10,150
Shareholders' funds
30,597
10,150
For the year ending 31 July 2024 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 her 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 the year in accordance with Section 444(2A).
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 3 November 2024 and were signed on its behalf by
DOSANJH
Director
Company Registration No. 08608704
London Carpets And Flooring Ltd
Notes to the Accounts
for the year ended 31 July 2024
London Carpets And Flooring Ltd is a private company, limited by shares, registered in England and Wales, registration number 08608704. The registered office is 129a Woodlands Road, Ilford, IG1 1JP, England.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses
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Tangible fixed assets
Total
London Carpets And Flooring Ltd
Notes to the Accounts
for the year ended 31 July 2024
Contributions to defined contribution plans are expensed in the period to which they relate.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).