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REGISTERED NUMBER: 09043700 (England and Wales)













Pete Jackson Carpets Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2024






Pete Jackson Carpets Ltd (Registered number: 09043700)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pete Jackson Carpets Ltd

Company Information
for the year ended 31 May 2024







DIRECTORS: J H Rogers
Mrs T Rogers





REGISTERED OFFICE: 916 Leek New Road
Baddeley Green
Stoke on Trent
Staffordshire
ST2 7HG





REGISTERED NUMBER: 09043700 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

Pete Jackson Carpets Ltd (Registered number: 09043700)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 550 500
Debtors 7 - 260
Cash at bank and in hand 47,602 41,942
48,152 42,702
CREDITORS
Amounts falling due within one year 8 19,331 18,681
NET CURRENT ASSETS 28,821 24,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,821

24,021

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,819 24,019
SHAREHOLDERS' FUNDS 28,821 24,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:



J H Rogers - Director


Pete Jackson Carpets Ltd (Registered number: 09043700)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Pete Jackson Carpets Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoice value of goods / services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Pete Jackson Carpets Ltd (Registered number: 09043700)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 10,000
AMORTISATION
At 1 June 2023
and 31 May 2024 10,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

6. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 16,000
DEPRECIATION
At 1 June 2023
and 31 May 2024 16,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 260

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 5,722 9,105
Taxation and social security 9,736 6,994
Other creditors 3,873 2,582
19,331 18,681