Company Registration No. 04206859 (England and Wales)
Coastal Coverings Limited
Unaudited accounts
for the year ended 30 September 2024
Coastal Coverings Limited
Unaudited accounts
Contents
Coastal Coverings Limited
Company Information
for the year ended 30 September 2024
Company Number
04206859 (England and Wales)
Registered Office
25 WOLVERSTONE DRIVE
BRIGHTON
BN1 7FB
Coastal Coverings Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,179
1,570
Cash at bank and in hand
64,008
38,569
Creditors: amounts falling due within one year
(80,191)
(55,615)
Net current assets
42,276
29,145
Total assets less current liabilities
43,455
30,715
Creditors: amounts falling due after more than one year
(4,500)
(10,500)
Called up share capital
100
100
Profit and loss account
38,855
20,115
Shareholders' funds
38,955
20,215
For the year ending 30 September 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 10 June 2025 and were signed on its behalf by
Mr Dean Galloway
Director
Company Registration No. 04206859
Coastal Coverings Limited
Notes to the Accounts
for the year ended 30 September 2024
Coastal Coverings Limited is a private company, limited by shares, registered in England and Wales, registration number 04206859. The registered office is 25 WOLVERSTONE DRIVE, BRIGHTON, BN1 7FB.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
7,226
13,967
1,720
22,913
At 30 September 2024
7,226
13,967
1,720
22,913
At 1 October 2023
7,205
12,583
1,555
21,343
Charge for the year
5
345
41
391
At 30 September 2024
7,210
12,928
1,596
21,734
At 30 September 2024
16
1,039
124
1,179
At 30 September 2023
21
1,384
165
1,570
Coastal Coverings Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Accrued income and prepayments
1,051
1,051
Other debtors
41,990
42,606
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,000
6,000
Taxes and social security
31,067
15,527
Other creditors
17,049
17,049
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
26,671
603
870
26,404
Interest has been charged on the average balance at 2.25%.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).