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Company Registration No. 02480384 (England and Wales)
Aylesbury Flooring Limited Unaudited accounts for the year ended 30 April 2024
Aylesbury Flooring Limited Unaudited accounts Contents
Page
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Aylesbury Flooring Limited Company Information for the year ended 30 April 2024
Directors
Ian Middleton Jayne Middleton
Company Number
02480384 (England and Wales)
Registered Office
3 JANSEL SQUARE BEDGROVE AYLESBURY BUCKS HP21 7ES
Accountants
Tax Ninja Limited 39 Mullein Road Bicester Oxfordshire OX26 3WF
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Aylesbury Flooring Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,557 
29,090 
Current assets
Inventories
21,702 
15,096 
Debtors
128,419 
141,374 
Cash at bank and in hand
55,770 
38,621 
205,891 
195,091 
Creditors: amounts falling due within one year
(145,724)
(133,830)
Net current assets
60,167 
61,261 
Total assets less current liabilities
82,724 
90,351 
Creditors: amounts falling due after more than one year
(4,678)
(17,553)
Net assets
78,046 
72,798 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
77,946 
72,698 
Shareholders' funds
78,046 
72,798 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
Ian Middleton Director Company Registration No. 02480384
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Aylesbury Flooring Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Aylesbury Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 02480384. The registered office is 3 JANSEL SQUARE, BEDGROVE, AYLESBURY, BUCKS, HP21 7ES.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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
15% Reducing Balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Aylesbury Flooring Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
38,504 
74,616 
1,132 
114,252 
At 30 April 2024
38,504 
74,616 
1,132 
114,252 
Depreciation
At 1 May 2023
30,961 
53,682 
519 
85,162 
Charge for the year
1,131 
5,233 
169 
6,533 
At 30 April 2024
32,092 
58,915 
688 
91,695 
Net book value
At 30 April 2024
6,412 
15,701 
444 
22,557 
At 30 April 2023
7,543 
20,934 
613 
29,090 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
127,569 
140,524 
Amounts falling due after more than one year
Other debtors
850 
850 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
30,790 
21,505 
Obligations under finance leases and hire purchase contracts
14,255 
16,206 
Trade creditors
69,382 
82,918 
Taxes and social security
31,297 
12,571 
Accruals
- 
630 
145,724 
133,830 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
(978)
- 
Trade creditors
4,369 
- 
Other creditors
1,287 
7,553 
Loans from directors
- 
10,000 
4,678 
17,553 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Aylesbury Flooring Limited Notes to the Accounts for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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