2024-01-01 12119780 2024-12-31 12119780 2024-01-01 2024-12-31 12119780 2023-12-31 12119780 2023-01-01 2023-12-31 12119780 uk-core:WithinOneYear 2023-12-31 12119780 uk-core:WithinOneYear 2024-12-31 12119780 uk-core:ShareCapital 2024-12-31 12119780 uk-core:ShareCapital 2023-12-31 12119780 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 12119780 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12119780 uk-bus:Director1 2024-01-01 2024-12-31 12119780 uk-core:MotorVehicles 2024-01-01 2024-12-31 12119780 uk-core:FurnitureFittings 2024-01-01 2024-12-31 12119780 uk-core:FurnitureFittings 2023-12-31 12119780 uk-core:MotorVehicles 2023-12-31 12119780 uk-core:MotorVehicles 2024-12-31 12119780 uk-core:FurnitureFittings 2024-12-31 12119780 uk-core:WithinOneYear 2024-12-31 12119780 uk-core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure 12119780 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12119780 uk-bus:FRS102 2024-01-01 2024-12-31 12119780 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 12119780 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Pauls Flooring Ltd
Registered Number:12119780
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Pauls Flooring Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12119780
As at 31 December 2024
Pauls Flooring Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,212
3,300
2
2,212
3,300
Current assets
Trade and other receivables
16,974
23,798
3
46
Cash and cash equivalents
12,017
35,815
17,020
Trade and other payables: amounts falling due within one
year
(18,021)
(35,643)
4
(1,001)
172
Net current assets
Total assets less current liabilities
2,384
2,299
2,384
Net assets
2,299
Capital and reserves
Called up share capital
1
1
Retained earnings
2,383
2,298
2,384
2,299
Shareholders' funds
For the year ended 31 December 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 December 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.
Paul Lynch Director
These financial statements were approved and authorised for issue by the Board on 21 March 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Pauls Flooring Ltd
Notes to the Financial Statements
Statutory Information
Pauls Flooring Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12119780.
Registered address:
3C Sopwith Crescent
Hurricane Way
Wickford
Essex
SS11 8YU
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Motor Vehicles
25 Straight line
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
£
£
£
Cost or
valuation
At 01 January 2024
28,233
3,758
24,475
550
550
-
Additions
At 31 December 2024
24,475
4,308
28,783
Provision for depreciation and impairment
At 01 January 2024
24,933
1,020
23,913
Charge for year
1,638
562
1,076
At 31 December 2024
26,571
1,582
24,989
At 31 December 2024
Net book value
(514)
2,726
2,212
At 31 December 2023
562
2,738
3,300
2 of 3
5
For the year ended 31 December 2024
Pauls Flooring Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Other debtors
23,798
16,974
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
8,813
Trade creditors
6,440
-
Taxation and social security
6,042
5,627
Other creditors
23,161
3,581
35,643
18,021
5. Average number of persons employed
During the year the average number of employees was 1
3 of 3