1 March 2023 false No description of principal activity Taxfiler 2024.6 12486936business:PrivateLimitedCompanyLtd2023-03-012024-02-29 124869362023-02-28 124869362023-03-012024-02-29 12486936business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 12486936business:FilletedAccounts2023-03-012024-02-29 124869362024-02-29 12486936business:Director12023-03-012024-02-29 12486936business:RegisteredOffice2023-03-012024-02-29 124869362023-02-28 12486936core:WithinOneYear2024-02-29 12486936core:WithinOneYear2023-02-28 12486936core:AfterOneYear2024-02-29 12486936core:AfterOneYear2023-02-28 12486936core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 12486936core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12486936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 12486936core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12486936core:PreviouslyStatedAmount2024-02-29 12486936core:PreviouslyStatedAmount2023-02-28 12486936business:SmallEntities2023-03-012024-02-29 12486936countries:EnglandWales2023-03-012024-02-29 12486936core:PlantMachinery2023-02-28 12486936core:FurnitureFittings2023-02-28 12486936core:PlantMachinery2024-02-29 12486936core:FurnitureFittings2024-02-29 12486936core:PlantMachinery2023-03-012024-02-29 12486936core:FurnitureFittings2023-03-012024-02-29 124869362022-03-012023-02-28 iso4217:GBP xbrli:pure
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
Page
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Floorstyle by Paul Rausa LTD Company Information for the year ended 29 February 2024
Director
Paul Rausa
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
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Floorstyle by Paul Rausa LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,814 
6,017 
Current assets
Debtors
7,916 
21,492 
Cash at bank and in hand
21,716 
21,302 
29,632 
42,794 
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 
Capital and reserves
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
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Floorstyle by Paul Rausa LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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: 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 
Depreciation
Charge for the year
222 
981 
1,203 
At 29 February 2024
222 
981 
1,203 
Net book value
At 29 February 2024
888 
3,926 
4,814 
At 28 February 2023
1,110 
4,907 
6,017 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,000 
Other debtors
7,916 
19,492 
7,916 
21,492 
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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 
£ 
£ 
VAT
2,074 
5,063 
Taxes and social security
5,040 
999 
Other creditors
7,090 
5,348 
14,204 
11,410 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,015 
36,041 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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