2023-04-01 13752573 2024-03-31 13752573 2023-04-01 2024-03-31 13752573 2023-03-31 13752573 2021-11-18 2023-03-31 13752573 uk-core:WithinOneYear 2023-03-31 13752573 uk-core:WithinOneYear 2024-03-31 13752573 uk-core:ShareCapital 2024-03-31 13752573 uk-core:ShareCapital 2023-03-31 13752573 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 13752573 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 13752573 uk-bus:Director1 2023-04-01 2024-03-31 13752573 uk-core:Goodwill 2023-03-31 13752573 uk-core:Goodwill 2024-03-31 13752573 uk-core:Goodwill 2023-04-01 2024-03-31 13752573 uk-core:WithinOneYear uk-core:Secured 2024-03-31 13752573 uk-core:WithinOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 13752573 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13752573 uk-bus:FRS102 2023-04-01 2024-03-31 13752573 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 13752573 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Sutton Carpets Ltd
Registered Number:13752573
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Sutton Carpets Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13752573
As at 31 March 2024
Sutton Carpets Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
48,500
54,500
2
48,500
54,500
Current assets
Inventories
5,000
5,000
3
Trade and other receivables
8,495
4,206
4
19,799
Cash and cash equivalents
23,459
32,665
33,294
Trade and other payables: amounts falling due within one year
(207,198)
(294,072)
5
(173,904)
(261,407)
Net current liabilities
Total assets less current liabilities
(212,907)
(119,404)
(212,907)
Net liabilities
(119,404)
Capital and reserves
Called up share capital
100
100
Retained earnings
(213,007)
(119,504)
(212,907)
(119,404)
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 director acknowledges his 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.
Naeem Arif Director
These financial statements were approved and authorised for issue by the Board on 19 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Sutton Carpets Ltd
Notes to the Financial Statements
Statutory Information
Sutton Carpets Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 13752573.
Registered address:
United Carpets
166-172 Station Road
Birmingham
B33 8BT
The presentation currency is £ sterling.
1. Accounting policies
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.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
60,000
At 31 March 2024
60,000
Amortisation
At 01 April 2023
5,500
6,000
Charge for year
At 31 March 2024
11,500
Net book value
At 31 March 2024
48,500
At 31 March 2023
54,500
3. Inventories
2023
2024
£
£
Stocks
5,000
5,000
4. Trade and other receivables
2023
2024
£
£
Other debtors
4,206
8,495
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5
For the year ended 31 March 2024
Sutton Carpets Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
-
700
Trade creditors
181,660
124,565
Amounts owed to group undertaking and undertaking in which the company has a
participating interest
60,255
30,732
Other creditors
52,157
51,201
294,072
207,198
6. Related party transactions
At the year end, £154,778 (2023: £98,391) is owed to Stechford Carpets Limited, a company under common control.
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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