Company Registration No. 05899963 (England and Wales)
Vestis Contract Flooring Limited
Unaudited accounts
for the year ended 31 August 2024
Vestis Contract Flooring Limited
Unaudited accounts
Contents
Vestis Contract Flooring Limited
Company Information
for the year ended 31 August 2024
Company Number
05899963 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
Accountants
Markfield Accountancy
53 Oakfield Avenue
Markfield
Leicestershire
LE67 9WH
Vestis Contract Flooring Limited
Statement of financial position
as at 31 August 2024
Tangible assets
49,479
40,807
Cash at bank and in hand
53,396
93,956
Creditors: amounts falling due within one year
(76,492)
(87,343)
Net current assets
71,194
43,724
Called up share capital
120
120
Revaluation reserve
110
110
Capital redemption reserve
70
70
Profit and loss account
120,373
84,231
Shareholders' funds
120,673
84,531
For the year ending 31 August 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 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 28 May 2025 and were signed on its behalf by
W J Stroud
Director
Company Registration No. 05899963
Vestis Contract Flooring Limited
Notes to the Accounts
for the year ended 31 August 2024
Vestis Contract Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 05899963. The registered office is 85 Great Portland Street, London, W1W 7LT.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
10% per annum on cost
Plant & machinery
25% per annum on net book value
Motor vehicles
25% per annum on net book value
Fixtures & fittings
15% per annum on net book value
Computer equipment
33% per annum on cost
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
15,976
73,690
21,529
111,195
Additions
-
36,036
-
36,036
Disposals
-
(24,130)
-
(24,130)
At 31 August 2024
15,976
85,596
21,529
123,101
At 1 September 2023
11,823
38,008
20,557
70,388
Charge for the year
415
2,498
321
3,234
At 31 August 2024
12,238
40,506
20,878
73,622
At 31 August 2024
3,738
45,090
651
49,479
At 31 August 2023
4,153
35,682
972
40,807
Vestis Contract Flooring Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
77,318
30,014
Other debtors
11,430
1,555
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,754
2,754
Trade creditors
19,922
26,475
Taxes and social security
33,416
34,507
Other creditors
41,503
41,503
Loans from directors
(436)
(436)
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).