IRIS Accounts Production v25.1.4.42 00400249 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004002492024-01-31004002492025-01-31004002492024-02-012025-01-31004002492023-01-31004002492023-02-012024-01-31004002492024-01-3100400249ns15:EnglandWales2024-02-012025-01-3100400249ns14:PoundSterling2024-02-012025-01-3100400249ns10:Director12024-02-012025-01-3100400249ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3100400249ns10:SmallEntities2024-02-012025-01-3100400249ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3100400249ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3100400249ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3100400249ns10:FullAccounts2024-02-012025-01-3100400249ns10:OrdinaryShareClass12024-02-012025-01-3100400249ns10:OrdinaryShareClass22024-02-012025-01-3100400249ns10:Director22024-02-012025-01-3100400249ns10:RegisteredOffice2024-02-012025-01-3100400249ns5:CurrentFinancialInstruments2025-01-3100400249ns5:CurrentFinancialInstruments2024-01-3100400249ns5:Non-currentFinancialInstruments2025-01-3100400249ns5:Non-currentFinancialInstruments2024-01-3100400249ns5:ShareCapital2025-01-3100400249ns5:ShareCapital2024-01-3100400249ns5:RetainedEarningsAccumulatedLosses2025-01-3100400249ns5:RetainedEarningsAccumulatedLosses2024-01-3100400249ns5:LeaseholdImprovements2024-02-012025-01-3100400249ns5:FurnitureFittings2024-02-012025-01-3100400249ns5:LeaseholdImprovements2024-01-3100400249ns5:PlantMachinery2024-01-3100400249ns5:FurnitureFittings2024-01-3100400249ns5:PlantMachinery2024-02-012025-01-3100400249ns5:LeaseholdImprovements2025-01-3100400249ns5:PlantMachinery2025-01-3100400249ns5:FurnitureFittings2025-01-3100400249ns5:LeaseholdImprovements2024-01-3100400249ns5:PlantMachinery2024-01-3100400249ns5:FurnitureFittings2024-01-3100400249ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3100400249ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3100400249ns5:CurrentFinancialInstruments2024-02-012025-01-3100400249ns5:Non-currentFinancialInstruments2024-02-012025-01-3100400249ns10:OrdinaryShareClass12025-01-3100400249ns10:OrdinaryShareClass22025-01-31
REGISTERED NUMBER: 00400249 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

CARTERS CONTRACT FLOORING UK LIMITED

CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Contents of the Financial Statements
for the year ended 31 January 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CARTERS CONTRACT FLOORING UK LIMITED

Company Information
for the year ended 31 January 2025







Directors: J Byworth
J M Randle





Registered office: 1141a Axis Centre
Cleeve Road
Leatherhead
Surrey
KT22 7RD





Registered number: 00400249 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Statement of Financial Position
31 January 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 4 4,770 6,359

Current assets
Stocks 116,994 7,865
Debtors 5 2,785,035 2,730,259
Cash at bank and in hand 136,319 179,123
3,038,348 2,917,247
Creditors
Amounts falling due within one year 6 764,585 699,634
Net current assets 2,273,763 2,217,613
Total assets less current liabilities 2,278,533 2,223,972

Creditors
Amounts falling due after more than one
year

7

-

34,375
Net assets 2,278,533 2,189,597

Capital and reserves
Called up share capital 8 2,000 2,000
Retained earnings 2,276,533 2,187,597
Shareholders' funds 2,278,533 2,189,597

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 directors acknowledge their 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 July 2025 and were signed on its behalf by:





J M Randle - Director


CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Notes to the Financial Statements
for the year ended 31 January 2025


1. Statutory information

Carters Contract Flooring UK 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.

Going Concern
The company's forecasts and projections, taking account of reasonably foreseeable changes in trading performance, show that the company should be able to meet its obligations as they fall due. The directors do not believe that covid will have a significant impact on the business, and as such no specific considerations have been made when looking forward.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Key source of estimation, uncertainty and judgement
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

(i) Useful economic lives of tangible assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical, condition of the assets.

(ii) Stock provisioning
When calculating the stocks provision, management considers the nature and condition of the stock, as well as applying assumptions around anticipating saleability of finished goods.

(iii) Impairment of debtors
The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers multiple factors regarding their recoverability.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 33% on cost and 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.

CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

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 statement of financial position date.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the life of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. The annual instalments charged to the profit and loss account are fixed under the terms of the scheme and the company has no potential liability other than for the payment of these instalments. There were no outstanding or prepaid contributions at the year end.


3. Employees and directors

The average number of employees during the year was 12 (2024 - 12 ) .

CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


4. Tangible fixed assets
Fixtures
Improvements Plant and and
to property machinery fittings Totals
£ £ £ £
Cost
At 1 February 2024 48,439 248 111,394 160,081
Disposals - - (959 ) (959 )
At 31 January 2025 48,439 248 110,435 159,122
Depreciation
At 1 February 2024 48,439 189 105,094 153,722
Charge for year - 15 1,574 1,589
Eliminated on disposal - - (959 ) (959 )
At 31 January 2025 48,439 204 105,709 154,352
Net book value
At 31 January 2025 - 44 4,726 4,770
At 31 January 2024 - 59 6,300 6,359

5. Debtors: amounts falling due within one year
2025 2024
£ £
Trade debtors 844,319 708,859
Amounts owed by group undertakings 1,851,464 1,919,269
Other debtors 89,252 102,131
2,785,035 2,730,259

6. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 34,375 37,500
Trade creditors 547,664 452,395
Taxation and social security 75,770 87,180
Other creditors 106,776 122,559
764,585 699,634

Bank loans and overdrafts are secured over the assets of the company.

7. Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans - 34,375

Bank loans and overdrafts are secured over the assets of the company.

CARTERS CONTRACT FLOORING UK LIMITED (REGISTERED NUMBER: 00400249)

Notes to the Financial Statements - continued
for the year ended 31 January 2025


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
1,000 Ordinary £1 1,000 1,000
1,000 Ordinary B £1 1,000 1,000
2,000 2,000

The above shares rank pari passu except that the B shareholders have no right to vote at general meetings.

9. Related party disclosures

As at the reporting date, Carters (Furnishings) Limited, a company incorporated in England and Wales, is the immediate parent company. The ultimate controlling party is Jail Holdings Limited.

The company has taken advantage of exemptions within Financial Reporting Standard 102 (Section 1A) not to disclose transactions with wholly owned group undertakings.