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REGISTERED NUMBER: 06769728 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Select Flooring Limited

Select Flooring Limited (Registered number: 06769728)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Select Flooring Limited (Registered number: 06769728)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,500 7,500
Property, plant and equipment 5 2,329 2,911
9,829 10,411

CURRENT ASSETS
Cash at bank 2 2

CREDITORS
Amounts falling due within one year 6 25,779 12,469
NET CURRENT LIABILITIES (25,777 ) (12,467 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,948

)

(2,056

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (15,950 ) (2,058 )
SHAREHOLDERS' FUNDS (15,948 ) (2,056 )

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 director acknowledges his 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.

Select Flooring Limited (Registered number: 06769728)

Statement of Financial Position - 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 director and authorised for issue on 10 June 2025 and were signed by:





Mr Richard Nicholls - Director


Select Flooring Limited (Registered number: 06769728)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Select Flooring Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06769728

Registered office: 8 Dover Patrol,
Blackheath
London,
United Kingdom
SE3 0DW

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
Revenue 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 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Motor vehicles - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Select Flooring Limited (Registered number: 06769728)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 7,500
NET BOOK VALUE
At 31 December 2024 7,500
At 31 December 2023 7,500

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 4,113 16,240 20,353
DEPRECIATION
At 1 January 2024 3,928 13,514 17,442
Charge for year 37 545 582
At 31 December 2024 3,965 14,059 18,024
NET BOOK VALUE
At 31 December 2024 148 2,181 2,329
At 31 December 2023 185 2,726 2,911

Select Flooring Limited (Registered number: 06769728)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 9,623 6,350
Other creditors 16,156 6,119
25,779 12,469