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Company Registration No. 09985717 (England and Wales)
FLOOR.CO (NE) LIMITED Unaudited accounts for the year ended 29 February 2024
FLOOR.CO (NE) LIMITED Unaudited accounts Contents
Page
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FLOOR.CO (NE) LIMITED Company Information for the year ended 29 February 2024
Director
Mr David Thompson
Company Number
09985717 (England and Wales)
Registered Office
51 COLDWELL PARK DRIVE GATESHEAD TYNE & WEAR NE10 9BY ENGLAND
Accountants
Scott Accountancy Services 119 Lanchester Avenue Gateshead Tyne & Wear NE9 7AN
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FLOOR.CO (NE) LIMITED Accountants' report
Accountants' report to the director of FLOOR.CO (NE) LIMITED on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FLOOR.CO (NE) LIMITED for the year ended 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of FLOOR.CO (NE) LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of FLOOR.CO (NE) LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than FLOOR.CO (NE) LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that FLOOR.CO (NE) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of FLOOR.CO (NE) LIMITED. You consider that FLOOR.CO (NE) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of FLOOR.CO (NE) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Scott Accountancy Services 119 Lanchester Avenue Gateshead Tyne & Wear NE9 7AN 25 November 2024
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FLOOR.CO (NE) LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,235 
25,885 
Current assets
Inventories
10,000 
10,000 
Debtors
134,504 
18,839 
Cash at bank and in hand
144,879 
148,557 
289,383 
177,396 
Creditors: amounts falling due within one year
(139,596)
(110,946)
Net current assets
149,787 
66,450 
Net assets
187,022 
92,335 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
187,021 
92,334 
Shareholders' funds
187,022 
92,335 
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 25 November 2024 and were signed on its behalf by
Mr David Thompson Director Company Registration No. 09985717
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FLOOR.CO (NE) LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
FLOOR.CO (NE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09985717. The registered office is 51 COLDWELL PARK DRIVE, GATESHEAD, TYNE & WEAR, NE10 9BY, ENGLAND.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
38,300 
9,880 
1,864 
50,044 
Additions
22,250 
334 
599 
23,183 
At 29 February 2024
60,550 
10,214 
2,463 
73,227 
Depreciation
At 1 March 2023
17,774 
4,622 
1,763 
24,159 
Charge for the year
10,694 
838 
301 
11,833 
At 29 February 2024
28,468 
5,460 
2,064 
35,992 
Net book value
At 29 February 2024
32,082 
4,754 
399 
37,235 
At 28 February 2023
20,526 
5,258 
101 
25,885 
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FLOOR.CO (NE) LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
100,137 
6,598 
Other debtors
34,367 
12,241 
134,504 
18,839 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
34,305 
16,686 
Trade creditors
56,178 
70,575 
Taxes and social security
49,113 
23,685 
139,596 
110,946 
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).
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