Company Registration No. 11204764 (England and Wales)
Longfield Flooring Ltd
Unaudited accounts
for the year ended 29 February 2024
Longfield Flooring Ltd
Unaudited accounts
Contents
Longfield Flooring Ltd
Company Information
for the year ended 29 February 2024
Company Number
11204764 (England and Wales)
Registered Office
THE ROSERY MAIN ROAD
LONGFIELD HILL
LONGFIELD
KENT
DA3 7AG
UNITED KINGDOM
Accountants
MCC Partners
1a Saddington Street
Gravesend
Kent
DA12 1ED
Longfield Flooring Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
18,761
19,997
Cash at bank and in hand
19,446
7,595
Creditors: amounts falling due within one year
(27,816)
(7,693)
Net current assets
15,242
45,139
Total assets less current liabilities
34,003
65,136
Creditors: amounts falling due after more than one year
(20,334)
(27,000)
Provisions for liabilities
Deferred tax
(3,565)
(5,079)
Called up share capital
1
1
Profit and loss account
10,103
33,056
Shareholders' funds
10,104
33,057
For the year ending 29 February 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 29 October 2024 and were signed on its behalf by
Mr Graham Howse
Director
Company Registration No. 11204764
Longfield Flooring Ltd
Notes to the Accounts
for the year ended 29 February 2024
Longfield Flooring Ltd is a private company, limited by shares, registered in England and Wales, registration number 11204764. The registered office is THE ROSERY MAIN ROAD, LONGFIELD HILL, LONGFIELD, KENT, DA3 7AG, UNITED KINGDOM.
2
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:
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
(6,733)
38,609
989
32,865
At 29 February 2024
-
38,609
989
39,598
At 1 March 2023
-
12,372
496
12,868
Charge for the year
-
7,722
247
7,969
At 29 February 2024
-
20,094
743
20,837
At 29 February 2024
-
18,515
246
18,761
At 28 February 2023
(6,733)
26,237
493
19,997
Longfield Flooring Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
14,421
21,681
Other debtors
9,191
23,556
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
272
(2,073)
Taxes and social security
3,745
(4,518)
Other creditors
6,031
3,357
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).