Registered Number 07260550

PALEY'S CARPETS LIMITED

Micro-entity Accounts

31 May 2024

PALEY'S CARPETS LIMITED Registered Number 07260550

Micro-entity Balance Sheet as at 31 May 2024

Notes 2024 2023
£ £
Fixed Assets
287,791
288,399
Current Assets
27,241
50,982
Prepayments and accrued income
1,348
1,071
Creditors: amounts falling due within one year
(124,540)
(129,821)
Net current assets (liabilities)
(95,951)
(77,768)
Total assets less current liabilities
191,840
210,631
Creditors: amounts falling due after more than one year
(135,438)
(140,683)
Accruals and deferred income
(1,059)
(1,127)
Total net assets (liabilities)
55,343
68,821
Capital and reserves
55,343
68,821
  • For the year ending 31 May 2024 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 January 2025

And signed on their behalf by:
Mr D I Paley, Director

PALEY'S CARPETS LIMITED Registered Number 07260550

Notes to the Micro-entity Accounts for the period ended 31 May 2024

1Employees
2024 2023
Average number of employees during the period 1 2