10777565falsesupply & fitting of flooring2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10777565

Floor It (Stoke) Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Floor It (Stoke) Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
Daniel Butler
REGISTERED OFFICE
Cherry Tree Cottage
School Lane, Leigh
Stoke on Trent
Staffordshire
ST10 4SR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10777565
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Floor It (Stoke) Ltd

ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

Floor It (Stoke) Ltd

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets39,27510,855
CURRENT ASSETS
Stock20,00019,000
Debtors510,8029,103
Cash at bank and in hand5,1079,273
35,90937,376
CREDITORS: Amounts falling due within one year687,43089,537
NET CURRENT LIABILITIES(51,521)(52,161)
TOTAL ASSETS LESS CURRENT LIABILITIES(42,246)(41,306)
CREDITORS: Amounts falling due after more than one year710,00020,000
PROVISIONS FOR LIABILITIES AND CHARGES8683767
NET LIABILITIES(52,929)(62,073)
CAPITAL AND RESERVES
Called up share capital91010
Profit and loss account(52,939)(62,083)
SHAREHOLDERS' FUNDS(52,929)(62,073)
For the year ending 31/05/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/02/2025 and signed on their behalf by
Daniel Butler
Director

Floor It (Stoke) Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

Floor It (Stoke) Ltd

3. TANGIBLE FIXED ASSETS
Short LeaseholdFixtures
Propertiesand FittingsEquipmentTotal
££££
Cost
At 01/06/202311,3599,4251,96522,749
Additions-678-678
At 31/05/202411,35910,1031,96523,427
Depreciation
At 01/06/20234,5436,0071,34411,894
For the year1,1369671552,258
At 31/05/20245,6796,9741,49914,152
Net Book Amounts
At 31/05/20245,6803,1294669,275
At 31/05/20236,8163,41862110,855
4. STOCK 20242023
££
Stock comprises:
Stock20,00019,000
20,00019,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,6045,965
PAYE control163656
Prepayments9,0352,482
10,8029,103

Floor It (Stoke) Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT3,4664,714
Salaries and wages control1,048-
Directors current account63,35758,361
Bank Loan10,00010,000
Trade creditors8,0596,347
Accruals1,50010,115
87,43089,537
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr10,00020,000
10,00020,000
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation683767
683767
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010