Chesterfield Carpets Limited |
Registered Number:07033456 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Chesterfield Carpets Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Chesterfield Carpets Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
18,003
25,231
2
18,003
25,231
19,404
44,169
3
Trade and other receivables |
7,957
15,454
4
376,322
Cash and cash equivalents |
402,358
461,981
403,683
Trade and other payables: amounts falling due within one year |
(74,449)
(105,229)
5
329,234
356,752
Net current assets
Total assets less current liabilities |
374,755
354,465
374,755
Net assets
354,465
20,000
20,000
354,755
334,465
374,755
354,465
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year |
and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply |
with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mrs Margaret Adams Director |
These financial statements were approved and authorised for issue by the Board on 06 September 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Chesterfield Carpets Limited
Notes to the Financial Statements
Statutory Information
Chesterfield Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
07033456. |
Principal place of business: |
T/A United Carpets & Beds
516 Sheffield Rd
Chesterfield
S41 8LP
C/O Johnson Walker
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Commercial motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 31 March 2024
Chesterfield Carpets Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Fixtures and fittings
Commercial motor |
vehicles |
64,842
1,090
6,655
57,097
57,097
6,655
1,090
64,842
Provision for depreciation and impairment |
39,611
1,090
1,109
37,412
Charge for year
7,228
-
666
6,562
46,839
1,090
1,775
43,974
13,123
4,880
-
18,003
19,685
5,546
-
25,231
2023
2024
44,169
19,404
4. Trade and other receivables |
2023
2024
15,454
7,957
5. Trade and other payables: amounts falling due within one year |
2023
2024
36,201
34,967
Taxation and social security |
48,019
25,215
21,009
14,267
105,229
74,449
6. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 5)
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