Company Registration No. 12486936 (England and Wales)
Floorstyle by Paul Rausa LTD
Unaudited accounts
for the year ended 29 February 2024
Floorstyle by Paul Rausa LTD
Unaudited accounts
Contents
Floorstyle by Paul Rausa LTD
Company Information
for the year ended 29 February 2024
Company Number
12486936 (England and Wales)
Registered Office
UNIT 2 GARTH DRIVE
BRACKLA INDUSTRIAL ESTATE
BRIDGEND
CF31 2AQ
WALES
Accountants
Lucia Thomas
337
New road
Porthcawl
Bridgend
CF36 5PH
Floorstyle by Paul Rausa LTD
Statement of financial position
as at 29 February 2024
Tangible assets
4,814
6,017
Cash at bank and in hand
21,716
21,302
Creditors: amounts falling due within one year
(14,204)
(11,410)
Net current assets
15,428
31,384
Total assets less current liabilities
20,242
37,401
Creditors: amounts falling due after more than one year
(29,015)
(36,041)
Net (liabilities)/assets
(8,773)
1,360
Called up share capital
2
2
Profit and loss account
(8,775)
1,358
Shareholders' funds
(8,773)
1,360
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 28 November 2024 and were signed on its behalf by
Paul Rausa
Director
Company Registration No. 12486936
Floorstyle by Paul Rausa LTD
Notes to the Accounts
for the year ended 29 February 2024
Floorstyle by Paul Rausa LTD is a private company, limited by shares, registered in England and Wales, registration number 12486936. The registered office is UNIT 2 GARTH DRIVE, BRACKLA INDUSTRIAL ESTATE, BRIDGEND, CF31 2AQ, WALES.
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: 20% per annum
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
1,110
4,907
6,017
At 29 February 2024
1,110
4,907
6,017
Charge for the year
222
981
1,203
At 29 February 2024
222
981
1,203
At 29 February 2024
888
3,926
4,814
At 28 February 2023
1,110
4,907
6,017
Amounts falling due within one year
Other debtors
7,916
19,492
Floorstyle by Paul Rausa LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,040
999
Other creditors
7,090
5,348
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 0 (2023: 0).