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REGISTERED NUMBER: 07461610 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HIGH STREET CARPETS LIMITED

HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

HIGH STREET CARPETS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: A Sheehy
Mrs N Sheehy





REGISTERED OFFICE: 26 High Street
Ruislip
Middlesex
HA4 7AN





REGISTERED NUMBER: 07461610 (England and Wales)





ACCOUNTANTS: Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ

HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 11,365 -
11,365 -

CURRENT ASSETS
Debtors 6 11,169 9,109
Cash at bank 80,538 89,953
91,707 99,062
CREDITORS
Amounts falling due within one year 7 59,586 58,120
NET CURRENT ASSETS 32,121 40,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,486

40,942

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 8 43,476 40,932
SHAREHOLDERS' FUNDS 43,486 40,942

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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 directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)

BALANCE SHEET - continued
31 DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:





Mrs N Sheehy - Director


HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

High Street Carpets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 25,700
AMORTISATION
At 1 January 2024
and 31 December 2024 25,700
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 11,437
Additions 15,154
Disposals (10,000 )
At 31 December 2024 16,591
DEPRECIATION
At 1 January 2024 11,437
Charge for year 3,789
Eliminated on disposal (10,000 )
At 31 December 2024 5,226
NET BOOK VALUE
At 31 December 2024 11,365

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,073 9,013
Prepayments 96 96
11,169 9,109

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,377 8,385
Tax 9,755 8,272
VAT 2,121 2,298
Directors' current accounts 38,265 38,097
Accrued expenses 1,068 1,068
59,586 58,120

HIGH STREET CARPETS LIMITED (REGISTERED NUMBER: 07461610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. RESERVES
Retained
earnings
£   

At 1 January 2024 40,932
Profit for the year 52,544
Dividends (50,000 )
At 31 December 2024 43,476

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HIGH STREET CARPETS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of High Street Carpets Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of High Street Carpets Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of High Street Carpets Limited and state those matters that we have agreed to state to the Board of Directors of High Street Carpets Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than High Street Carpets Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that High Street Carpets Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of High Street Carpets Limited. You consider that High Street Carpets Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of High Street Carpets Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Orion Accountancy Limited
30 Garners Road
Chalfont St Peter
Buckinghamshire
SL9 0EZ


24 April 2025