Company Registration No. 14978388 (England and Wales)
Cosi Carpets (Radlett) Ltd
Unaudited accounts
for the period from 4 July 2023 to 31 July 2024
Cosi Carpets (Radlett) Ltd
Unaudited accounts
Contents
Cosi Carpets (Radlett) Ltd
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
48,997
Creditors: amounts falling due within one year
(20,582)
Total assets less current liabilities
100,026
Creditors: amounts falling due after more than one year
(96,952)
Called up share capital
150
Profit and loss account
2,924
For the period ending 31 July 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 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 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 of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
Amol Khullar
Director
Company Registration No. 14978388
Cosi Carpets (Radlett) Ltd
Notes to the Accounts
for the period from 4 July 2023 to 31 July 2024
Cosi Carpets (Radlett) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14978388. The registered office is 343 Bath Road, Slough, SL1 5PR, United Kingdom.
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 period from 4 July 2023 to 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 4 July 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cosi Carpets (Radlett) Ltd
Notes to the Accounts
for the period from 4 July 2023 to 31 July 2024
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
1,719
7
Creditors: amounts falling due after more than one year
2024
8
Average number of employees
During the period the average number of employees was 1.