IRIS Accounts Production v25.1.4.42 08782199 director 1.10.23 30.9.24 30.9.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087821992023-09-30087821992024-09-30087821992023-10-012024-09-30087821992022-09-30087821992022-10-012023-09-30087821992023-09-3008782199ns15:EnglandWales2023-10-012024-09-3008782199ns14:PoundSterling2023-10-012024-09-3008782199ns10:Director12023-10-012024-09-3008782199ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3008782199ns10:SmallEntities2023-10-012024-09-3008782199ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3008782199ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3008782199ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3008782199ns10:FullAccounts2023-10-012024-09-3008782199ns10:RegisteredOffice2023-10-012024-09-3008782199ns5:CurrentFinancialInstruments2024-09-3008782199ns5:CurrentFinancialInstruments2023-09-3008782199ns5:ShareCapital2024-09-3008782199ns5:ShareCapital2023-09-3008782199ns5:RetainedEarningsAccumulatedLosses2024-09-3008782199ns5:RetainedEarningsAccumulatedLosses2023-09-3008782199ns5:LongLeaseholdAssetsns5:LandBuildings2023-10-012024-09-3008782199ns5:PlantMachinery2023-10-012024-09-3008782199ns5:FurnitureFittings2023-10-012024-09-3008782199ns5:MotorVehicles2023-10-012024-09-3008782199ns5:ComputerEquipment2023-10-012024-09-3008782199ns5:LongLeaseholdAssetsns5:LandBuildings2023-09-3008782199ns5:PlantMachinery2023-09-3008782199ns5:FurnitureFittings2023-09-3008782199ns5:LongLeaseholdAssetsns5:LandBuildings2024-09-3008782199ns5:PlantMachinery2024-09-3008782199ns5:FurnitureFittings2024-09-3008782199ns5:LongLeaseholdAssetsns5:LandBuildings2023-09-3008782199ns5:PlantMachinery2023-09-3008782199ns5:FurnitureFittings2023-09-3008782199ns5:MotorVehicles2023-09-3008782199ns5:ComputerEquipment2023-09-3008782199ns5:MotorVehicles2024-09-3008782199ns5:ComputerEquipment2024-09-3008782199ns5:MotorVehicles2023-09-3008782199ns5:ComputerEquipment2023-09-30
REGISTERED NUMBER: 08782199 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

1 TO 1 FLOORING (LONDON) LIMITED

1 TO 1 FLOORING (LONDON) LIMITED (REGISTERED NUMBER: 08782199)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


1 TO 1 FLOORING (LONDON) LIMITED

COMPANY INFORMATION
for the Year Ended 30 SEPTEMBER 2024







DIRECTOR: Mr C D Hawes





REGISTERED OFFICE: 260 - 270
Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL





BUSINESS ADDRESS: Unit 2A
Enterprise Way
Bramingham Business Park
Luton
Beds
LU3 4BU





REGISTERED NUMBER: 08782199 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

1 TO 1 FLOORING (LONDON) LIMITED (REGISTERED NUMBER: 08782199)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 726,228 726,701

CURRENT ASSETS
Debtors 5 110,000 110,000

CREDITORS
Amounts falling due within one year 6 72,327 88,834
NET CURRENT ASSETS 37,673 21,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

763,901

747,867

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 763,900 747,866
SHAREHOLDERS' FUNDS 763,901 747,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:





Mr C D Hawes - Director


1 TO 1 FLOORING (LONDON) LIMITED (REGISTERED NUMBER: 08782199)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

1 To 1 Flooring (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. The gain or loss arising on disposal of an asset is determined at the difference between the sales proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

The leasehold property is being depreciated to its estimated residual value over its deemed useful economic life. The director believes that the residual value to be at least the current carrying value in these accounts and therefore any depreciation would be negligible. The maintenance costs are charged to the profit and loss account in the period incurred. The director reviews the estimated residual value at the end of each accounting period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Government grants
A government grant is recognised only when there is reasonable assurance that the entity will comply with any conditions attached to the grant and that the grant will be received. The grant is recognised as income over the period necessary to match them with the related costs.

Government grant income received in the form of Coronavirus Job Retention Scheme payments and a council grant are recognised on the profit or loss under other income.

3. EMPLOYEES AND DIRECTORS

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

1 TO 1 FLOORING (LONDON) LIMITED (REGISTERED NUMBER: 08782199)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 October 2023
and 30 September 2024 724,827 8,930 5,347
DEPRECIATION
At 1 October 2023 - 8,088 4,900
Charge for year - 210 112
At 30 September 2024 - 8,298 5,012
NET BOOK VALUE
At 30 September 2024 724,827 632 335
At 30 September 2023 724,827 842 447

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 4,346 1,075 744,525
DEPRECIATION
At 1 October 2023 3,824 1,012 17,824
Charge for year 130 21 473
At 30 September 2024 3,954 1,033 18,297
NET BOOK VALUE
At 30 September 2024 392 42 726,228
At 30 September 2023 522 63 726,701

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 110,000 110,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 2,379 2,134
Other creditors 68,648 85,200
Accrued expenses 1,300 1,500
72,327 88,834