1 March 2023 false No description of principal activity Taxfiler 2024.6 11206416business:PrivateLimitedCompanyLtd2023-03-012024-02-28 112064162023-02-28 112064162023-03-012024-02-28 11206416business:AuditExemptWithAccountantsReport2023-03-012024-02-28 11206416business:FilletedAccounts2023-03-012024-02-28 112064162024-02-28 11206416business:Director12023-03-012024-02-28 11206416business:RegisteredOffice2023-03-012024-02-28 112064162023-02-28 11206416core:WithinOneYear2024-02-28 11206416core:WithinOneYear2023-02-28 11206416core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 11206416core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11206416core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 11206416core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11206416core:PreviouslyStatedAmount2024-02-28 11206416core:PreviouslyStatedAmount2023-02-28 11206416business:SmallEntities2023-03-012024-02-28 11206416countries:EnglandWales2023-03-012024-02-28 11206416core:MotorVehicles2023-03-012024-02-28 11206416core:FurnitureFittings2023-03-012024-02-28 11206416core:MotorVehicles2023-02-28 11206416core:FurnitureFittings2023-02-28 11206416core:MotorVehicles2024-02-28 11206416core:FurnitureFittings2024-02-28 112064162022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 11206416 (England and Wales)
J & I CARPETS AND BEDS LTD Unaudited accounts for the period from 1 March 2023 to 28 February 2024
J & I CARPETS AND BEDS LTD Unaudited accounts Contents
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J & I CARPETS AND BEDS LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
Mohammad Ishtiaq
Company Number
11206416 (England and Wales)
Registered Office
422-424 NEW HALL LANE PRESTON LANCASHIRE PR1 4SX UNITED KINGDOM
Accountants
Zakirhusen Member MAAT Bluewater Accountants Ltd 210 New Hall Lane Preston Lancashire PR1 4SS
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J & I CARPETS AND BEDS LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,612 
4,516 
Current assets
Inventories
29,200 
27,400 
Debtors
140 
- 
Cash at bank and in hand
13,844 
25,536 
43,184 
52,936 
Creditors: amounts falling due within one year
(36,693)
(47,611)
Net current assets
6,491 
5,325 
Net assets
10,103 
9,841 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,003 
9,741 
Shareholders' funds
10,103 
9,841 
For the period ending 28 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 20 August 2024 and were signed on its behalf by
Mohammad Ishtiaq Director Company Registration No. 11206416
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J & I CARPETS AND BEDS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
J & I CARPETS AND BEDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11206416. The registered office is 422-424 NEW HALL LANE, PRESTON, LANCASHIRE, PR1 4SX, 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 period, 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
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
8,000 
5,735 
13,735 
At 28 February 2024
8,000 
5,735 
13,735 
Depreciation
At 1 March 2023
5,406 
3,813 
9,219 
Charge for the period
519 
385 
904 
At 28 February 2024
5,925 
4,198 
10,123 
Net book value
At 28 February 2024
2,075 
1,537 
3,612 
At 28 February 2023
2,594 
1,922 
4,516 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
140 
- 
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J & I CARPETS AND BEDS LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,612 
13,030 
Trade creditors
7,486 
12,135 
Taxes and social security
1,622 
593 
Loans from directors
20,373 
20,373 
Accruals
1,600 
1,480 
36,693 
47,611 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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