IRIS Accounts Production v25.1.4.42 06803991 director 1.2.24 31.1.25 31.1.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068039912024-01-31068039912025-01-31068039912024-02-012025-01-31068039912023-01-31068039912023-02-012024-01-31068039912024-01-3106803991ns15:EnglandWales2024-02-012025-01-3106803991ns14:PoundSterling2024-02-012025-01-3106803991ns10:Director12024-02-012025-01-3106803991ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3106803991ns10:SmallEntities2024-02-012025-01-3106803991ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3106803991ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3106803991ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3106803991ns10:FullAccounts2024-02-012025-01-310680399112024-02-012025-01-3106803991ns10:CompanySecretary12024-02-012025-01-3106803991ns10:RegisteredOffice2024-02-012025-01-3106803991ns5:CurrentFinancialInstruments2025-01-3106803991ns5:CurrentFinancialInstruments2024-01-3106803991ns5:ShareCapital2025-01-3106803991ns5:ShareCapital2024-01-3106803991ns5:RetainedEarningsAccumulatedLosses2025-01-3106803991ns5:RetainedEarningsAccumulatedLosses2024-01-3106803991ns5:NetGoodwill2024-02-012025-01-3106803991ns5:PlantMachinery2024-02-012025-01-3106803991ns5:FurnitureFittings2024-02-012025-01-3106803991ns5:MotorVehicles2024-02-012025-01-3106803991ns5:NetGoodwill2024-01-3106803991ns5:NetGoodwill2025-01-3106803991ns5:NetGoodwill2024-01-3106803991ns5:PlantMachinery2024-01-3106803991ns5:FurnitureFittings2024-01-3106803991ns5:MotorVehicles2024-01-3106803991ns5:PlantMachinery2025-01-3106803991ns5:FurnitureFittings2025-01-3106803991ns5:MotorVehicles2025-01-3106803991ns5:PlantMachinery2024-01-3106803991ns5:FurnitureFittings2024-01-3106803991ns5:MotorVehicles2024-01-3106803991ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3106803991ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 06803991 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

YORKSHIRE CARPETS LTD

YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YORKSHIRE CARPETS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Nicholas Gordon Ely





SECRETARY: Kathleen Mary Patricia Ely





REGISTERED OFFICE: 39 Fartown Green Road
Fartown
Huddersfield
West Yorkshire
HD2 1AA





REGISTERED NUMBER: 06803991 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor, Unit 12
Pennine Business Park
Longbow Close, Bradley
Huddersfield
West Yorkshire
HD2 1GQ

YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 18,279 24,246
18,279 24,246

CURRENT ASSETS
Stocks 100,250 90,650
Debtors 6 33,000 9,000
Prepayments and accrued income 2,182 2,460
Cash at bank and in hand 221,507 242,423
356,939 344,533
CREDITORS
Amounts falling due within one year 7 76,188 92,199
NET CURRENT ASSETS 280,751 252,334
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,030

276,580

PROVISIONS FOR LIABILITIES (1,375 ) -

ACCRUALS AND DEFERRED INCOME (3,588 ) (2,526 )
NET ASSETS 294,067 274,054

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 293,967 273,954
294,067 274,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)

BALANCE SHEET - continued
31 JANUARY 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2025 and were signed by:





Nicholas Gordon Ely - Director


YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Yorkshire Carpets Ltd 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has been amortised evenly over its estimated useful life of 5 years.

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 - 25% on reducing balance
Fixtures & fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Income recognition
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Finance costs of debt
The finance costs of debt, including interest and issue costs, are allocated to each period over the term of the debt and charged to the profit and loss account at a constant rate on the outstanding amount.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 25,000
AMORTISATION
At 1 February 2024
and 31 January 2025 25,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

5. TANGIBLE FIXED ASSETS
Plant and Fixtures Motor
machinery & fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2024
and 31 January 2025 2,715 6,967 56,317 65,999
DEPRECIATION
At 1 February 2024 2,255 6,007 33,491 41,753
Charge for year 116 144 5,707 5,967
At 31 January 2025 2,371 6,151 39,198 47,720
NET BOOK VALUE
At 31 January 2025 344 816 17,119 18,279
At 31 January 2024 460 960 22,826 24,246

YORKSHIRE CARPETS LTD (REGISTERED NUMBER: 06803991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 33,000 9,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts - 6,951
Trade creditors 30,086 31,245
Taxation and social security 44,482 51,886
Other creditors 1,620 2,117
76,188 92,199

8. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £1092 (2024: £1,536). Contributions totalling £88 (2024: £125) were payable to the fund at the year end and are included in creditors.

9. OTHER FINANCIAL COMMITMENTS

The company has hire purchase contracts totalling £NIL (2024: £6,951) which are included in creditors and are secured by a charge on the assets purchased under these agreements.

10. RELATED PARTY DISCLOSURES

Included in other debtors was the following interest free loan to a directors family member £9,000 ( 2024: £9,000).