Company Registration No. 09962361 (England and Wales)
The Golden Carpet Limited
Unaudited accounts
for the year ended 31 January 2025
The Golden Carpet Limited
Unaudited accounts
Contents
The Golden Carpet Limited
Company Information
for the year ended 31 January 2025
Secretary
Heathland Accountancy LTD
Company Number
09962361 (England and Wales)
Registered Office
17 Grange Gardens
Heath and Reach
Leighton Buzzard
Bedfordshire
LU7 0BH
England
The Golden Carpet Limited
Statement of financial position
as at 31 January 2025
Tangible assets
311,391
311,621
Cash at bank and in hand
21,849
23,859
Creditors: amounts falling due within one year
(343,993)
(336,955)
Net current assets
117,340
128,805
Total assets less current liabilities
503,731
515,426
Creditors: amounts falling due after more than one year
(129,752)
(104,313)
Net assets
373,979
411,113
Share premium
75,000
75,000
Profit and loss account
298,979
336,113
Shareholders' funds
373,979
411,113
For the year ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 February 2025 and were signed on its behalf by
Nicolo' Olivitto
Director
Company Registration No. 09962361
The Golden Carpet Limited
Notes to the Accounts
for the year ended 31 January 2025
The Golden Carpet Limited is a private company, limited by shares, registered in England and Wales, registration number 09962361. The registered office is 17 Grange Gardens, Heath and Reach, Leighton Buzzard, Bedfordshire, LU7 0BH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% depreciation on straight line basis
Computer equipment
25% on diminishing balance basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
309,220
5,505
554
315,279
At 31 January 2025
309,220
6,645
554
316,419
At 1 February 2024
-
3,332
326
3,658
Charge for the year
-
1,313
57
1,370
At 31 January 2025
-
4,645
383
5,028
At 31 January 2025
309,220
2,000
171
311,391
At 31 January 2024
309,220
2,173
228
311,621
The Golden Carpet Limited
Notes to the Accounts
for the year ended 31 January 2025
5
Investments
Other investments
Valuation at 1 February 2024
75,000
Valuation at 31 January 2025
75,000
Amounts falling due within one year
Accrued income and prepayments
284
270
Other debtors
412,426
412,426
7
Investments held as current assets
2025
2024
Unlisted investments
26,774
26,774
8
Creditors: amounts falling due within one year
2025
2024
Loans from directors
333,027
335,155
9
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
129,752
104,313
Loan in euros currently stands at €155,261. This converts to £129,752 sterling as per balance sheet.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).