FURNITURE CENTRE LIMITED

Company Registration Number:
03911043 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

FURNITURE CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

FURNITURE CENTRE LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 71,388 84,604
Total fixed assets: 71,388 84,604
Current assets
Stocks: 250,000 361,511
Debtors:   186,665 195,552
Cash at bank and in hand: 138,641 216,602
Total current assets: 575,306 773,665
Creditors: amounts falling due within one year:   (247,541) (351,211)
Net current assets (liabilities): 327,765 422,454
Total assets less current liabilities: 399,153 507,058
Creditors: amounts falling due after more than one year:   (55,000) (76,457)
Provision for liabilities: (20,000) (25,000)
Total net assets (liabilities): 324,153 405,601
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 324,053 405,501
Shareholders funds: 324,153 405,601

The notes form part of these financial statements

FURNITURE CENTRE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: richard james smith
Status: Director

The notes form part of these financial statements

FURNITURE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FURNITURE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 22 26

FURNITURE CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 363,983
At 31 March 2024 363,983
Depreciation
At 01 April 2023 279,379
Charge for year 13,216
At 31 March 2024 292,595
Net book value
At 31 March 2024 71,388
At 31 March 2023 84,604