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Company Registration No. 11576898 (England and Wales)
SYLK FLOORING LTD Unaudited accounts for the year ended 30 September 2024
SYLK FLOORING LTD Unaudited accounts Contents
Page
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SYLK FLOORING LTD Company Information for the year ended 30 September 2024
Director
Matthew Hopley
Company Number
11576898 (England and Wales)
Registered Office
40 AMBERLEY ROAD MACCLESFIELD SK11 8LX UNITED KINGDOM
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SYLK FLOORING LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
102,518 
45,604 
Current assets
Inventories
32,000 
30,000 
Debtors
207,275 
327,721 
Cash at bank and in hand
76,349 
20,442 
315,624 
378,163 
Creditors: amounts falling due within one year
(159,081)
(248,148)
Net current assets
156,543 
130,015 
Total assets less current liabilities
259,061 
175,619 
Creditors: amounts falling due after more than one year
(99,108)
(79,943)
Net assets
159,953 
95,676 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
159,952 
95,675 
Shareholders' funds
159,953 
95,676 
For the year ending 30 September 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 26 November 2024 and were signed on its behalf by
Matthew Hopley Director Company Registration No. 11576898
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SYLK FLOORING LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
SYLK FLOORING LTD is a private company, limited by shares, registered in England and Wales, registration number 11576898. The registered office is 40 AMBERLEY ROAD, MACCLESFIELD, SK11 8LX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Depreciated on a straight-line basis over four years
Motor vehicles
Depreciated on a straight-line basis over four years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
5,745 
70,627 
76,372 
Additions
- 
72,938 
72,938 
At 30 September 2024
5,745 
143,565 
149,310 
Depreciation
At 1 October 2023
1,436 
29,332 
30,768 
Charge for the year
1,436 
14,588 
16,024 
At 30 September 2024
2,872 
43,920 
46,792 
Net book value
At 30 September 2024
2,873 
99,645 
102,518 
At 30 September 2023
4,309 
41,295 
45,604 
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SYLK FLOORING LTD Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
177,786 
312,428 
Amounts falling due after more than one year
Other debtors
29,489 
15,293 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
12,000 
44,225 
Obligations under finance leases and hire purchase contracts
24,626 
11,471 
Taxes and social security
8,680 
25,303 
Other creditors
81,449 
77,013 
Loans from directors
32,326 
90,136 
159,081 
248,148 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
39,324 
51,352 
Obligations under finance leases and hire purchase contracts
59,784 
28,591 
99,108 
79,943 
Aggregate of amounts that fall due for payment after five years
2,444 
6,111 
BBL 2.5% Due 1-5 years- 14,658 Due 5+ years 2,444 Finance lease- Due 1-5 years 59,784 Due 5+ years 0 Other loan Due 1-5 years 22,222 Due 5+ years 0
8
Average number of employees
During the year the average number of employees was 11 (2023: 7).
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