Company Registration No. 09795863 (England and Wales)
Westmorland Flooring Limited
Unaudited accounts
for the year ended 30 September 2024
Westmorland Flooring Limited
Unaudited accounts
Contents
Westmorland Flooring Limited
Company Information
for the year ended 30 September 2024
Directors
Peter Gorst
Stuart Parkin
Company Number
09795863 (England and Wales)
Registered Office
Unit 21, Beezon Road Trading Estate
Kendal
Cumbria
LA9 6BW
England
Accountants
Kate King Accountancy Services ltd
33a Market Place
Kendal
Cumbria
LA9 4TP
Westmorland Flooring Limited
Statement of financial position
as at 30 September 2024
Tangible assets
56,896
60,128
Cash at bank and in hand
41,320
121,485
Creditors: amounts falling due within one year
(105,665)
(188,337)
Net current liabilities
(27,885)
(3,486)
Total assets less current liabilities
29,011
56,642
Creditors: amounts falling due after more than one year
(23,947)
(40,250)
Called up share capital
100
100
Profit and loss account
4,964
16,292
Shareholders' funds
5,064
16,392
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 directors acknowledge their 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 of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by
Stuart Parkin
Director
Company Registration No. 09795863
Westmorland Flooring Limited
Notes to the Accounts
for the year ended 30 September 2024
Westmorland Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 09795863. The registered office is Unit 21, Beezon Road Trading Estate, Kendal, Cumbria, LA9 6BW, England.
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:
Plant & machinery
3 Years Straight Line
Motor vehicles
15% Reducing Balance
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
2,823
92,745
14,869
110,437
Additions
-
9,000
125
9,125
At 30 September 2024
2,823
101,745
14,994
119,562
At 1 October 2023
2,823
37,581
9,905
50,309
Charge for the year
-
9,624
2,733
12,357
At 30 September 2024
2,823
47,205
12,638
62,666
At 30 September 2024
-
54,540
2,356
56,896
At 30 September 2023
-
55,164
4,964
60,128
Westmorland Flooring Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
52,688
77,466
Accrued income and prepayments
5,127
5,758
Other debtors
(63,370)
(52,706)
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
718
Trade creditors
57,233
104,317
Taxes and social security
4,970
5,709
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
873
3,580
Taxes and social security
11,401
-
Loans from directors
(5,699)
10,047
8
Average number of employees
During the year the average number of employees was 12 (2023: 12).