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Company Registration No. 09499055 (England and Wales)
Trevor Smith Carpet And Flooring Limited Unaudited accounts for the year ended 31 March 2025
Trevor Smith Carpet And Flooring Limited Unaudited accounts Contents
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Trevor Smith Carpet And Flooring Limited Company Information for the year ended 31 March 2025
Directors
Johanna Smith Trevor Smith
Company Number
09499055 (England and Wales)
Registered Office
33a Oldmixon Crescent Weston-Super-Mare Somerset BS24 9BA England
Accountants
Wheatley Tax 8 Calluna Close Wick-st-Lawrence Weston-super-Mare Somerset BS22 9TS
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Trevor Smith Carpet And Flooring Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,193 
42,645 
Current assets
Inventories
1,500 
1,500 
Debtors
16,982 
14,637 
Cash at bank and in hand
38,215 
45,652 
56,697 
61,789 
Creditors: amounts falling due within one year
(45,639)
(42,444)
Net current assets
11,058 
19,345 
Total assets less current liabilities
39,251 
61,990 
Creditors: amounts falling due after more than one year
(33,365)
(53,434)
Provisions for liabilities
Deferred tax
(5,779)
(8,039)
Net assets
107 
517 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7 
417 
Shareholders' funds
107 
517 
For the year ending 31 March 2025 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 6 June 2025 and were signed on its behalf by
Johanna Smith Director Company Registration No. 09499055
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Trevor Smith Carpet And Flooring Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Trevor Smith Carpet And Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 09499055. The registered office is 33a Oldmixon Crescent, Weston-Super-Mare, Somerset, BS24 9BA, England. The company is in the process of being wound up.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Trevor Smith Carpet And Flooring Limited Notes to the Accounts for the year ended 31 March 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
7,881 
89,469 
12,613 
109,963 
At 31 March 2025
7,881 
89,469 
12,613 
109,963 
Depreciation
At 1 April 2024
4,293 
52,678 
10,347 
67,318 
Charge for the year
1,223 
12,264 
965 
14,452 
At 31 March 2025
5,516 
64,942 
11,312 
81,770 
Net book value
At 31 March 2025
2,365 
24,527 
1,301 
28,193 
At 31 March 2024
3,588 
36,791 
2,266 
42,645 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,291 
1,936 
Accrued income and prepayments
1,413 
3,229 
Other debtors
13,278 
9,472 
16,982 
14,637 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
8,177 
7,978 
VAT
8,373 
6,102 
Obligations under finance leases and hire purchase contracts
11,221 
10,748 
Trade creditors
3,660 
9,665 
Taxes and social security
12,528 
6,021 
Accruals
1,680 
1,930 
45,639 
42,444 
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Trevor Smith Carpet And Flooring Limited Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,577 
9,953 
Obligations under finance leases and hire purchase contracts
31,788 
43,481 
33,365 
53,434 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Johanna Smith
4,736 
6,639 
4,736 
6,639 
Trevor Smith
4,736 
6,639 
4,736 
6,639 
9,472 
13,278 
9,472 
13,278 
The directors loan accounts were repaid within 9 months of the year end.
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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