COTTAGE FLOORING LIMITED

Company Registration Number:
07603523 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

COTTAGE FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

COTTAGE FLOORING LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 126,800 72,650
Total fixed assets: 126,800 72,650
Current assets
Debtors: 4 41,716 166,768
Cash at bank and in hand: 58,275 89,560
Total current assets: 99,991 256,328
Creditors: amounts falling due within one year: 5 (37,520) (132,595)
Net current assets (liabilities): 62,471 123,733
Total assets less current liabilities: 189,271 196,383
Creditors: amounts falling due after more than one year: 6 (131,370) (76,164)
Total net assets (liabilities): 57,901 120,219
Capital and reserves
Called up share capital: 2 2
Other reserves: 82,908 82,908
Profit and loss account: (25,009) 37,309
Shareholders funds: 57,901 120,219

The notes form part of these financial statements

COTTAGE FLOORING LIMITED

Balance sheet statements

For the year ending 30 April 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2024
and signed on behalf of the board by:

Name: Joseph Bergamini
Status: Director

The notes form part of these financial statements

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Plant & Machinery Reducing balance Motor Vehicles Reducing balance Fixtures & Fittings Reducing balance Computer Equipment Reducing balance

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 193,779
Additions 122,303
Disposals (67,554)
At 30 April 2024 248,528
Depreciation
At 01 May 2023 121,129
Charge for year 50,037
On disposals (49,438)
At 30 April 2024 121,728
Net book value
At 30 April 2024 126,800
At 30 April 2023 72,650

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Trade creditors 7,909 Other loans - 200 Corporation tax 9,116 Other taxes and social security 1,227 VAT Control 7,122 Net wages (PAYE Control A/C) - 3,756 Other creditors-VIRGIN MONEY USE(Credit Cards) 4,342 Other creditors (CIS Withheld) 5,584 Accruals and deferred income 2,220

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

Net obligations under finance lease and hire purchase contracts 110,537 Bank loans 20,833

COTTAGE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Financial commitments

Obligations Under Finance Leases and Hire Purchase: The future minimum finance lease payments are as follows: Later than one year and not later than five years 110,537