2023-12-01 NI605464 2024-11-30 NI605464 2023-12-01 2024-11-30 NI605464 2023-11-30 NI605464 2022-12-01 2023-11-30 NI605464 uk-core:WithinOneYear 2023-11-30 NI605464 uk-core:WithinOneYear 2024-11-30 NI605464 uk-core:AfterOneYear 2023-11-30 NI605464 uk-core:AfterOneYear 2024-11-30 NI605464 uk-core:ShareCapital 2024-11-30 NI605464 uk-core:ShareCapital 2023-11-30 NI605464 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI605464 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI605464 uk-bus:Director1 2023-12-01 2024-11-30 NI605464 uk-core:Land 2023-12-01 2024-11-30 NI605464 uk-core:PlantMachinery 2023-12-01 2024-11-30 NI605464 uk-core:ComputerEquipment 2023-12-01 2024-11-30 NI605464 uk-core:Goodwill 2023-11-30 NI605464 uk-core:Goodwill 2024-11-30 NI605464 uk-core:Goodwill 2023-12-01 2024-11-30 NI605464 uk-core:ComputerEquipment 2023-11-30 NI605464 uk-core:PlantMachinery 2023-11-30 NI605464 uk-core:Land 2023-11-30 NI605464 uk-core:Land 2024-11-30 NI605464 uk-core:PlantMachinery 2024-11-30 NI605464 uk-core:ComputerEquipment 2024-11-30 iso4217:GBP xbrli:pure NI605464 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 NI605464 uk-bus:FRS102 2023-12-01 2024-11-30 NI605464 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 NI605464 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Rugs Supermarket.com Ltd
Registered Number:NI605464
For the year ended 30 November 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 30 November 2024
Rugs Supermarket.com Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI605464
As at 30 November 2024
Rugs Supermarket.com Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
-
112,200
2
Property, plant and equipment
1,663,423
1,704,868
3
1,663,423
1,817,068
Current assets
Inventories
363,180
371,983
4
Trade and other receivables
139,039
129,872
5
2,135,677
Cash and cash equivalents
2,390,572
2,892,427
2,637,896
Trade and other payables: amounts falling due within one
year
(195,099)
(241,371)
6
2,442,797
2,651,056
Net current assets
Total assets less current liabilities
4,314,479
4,259,865
Trade and other payables: amounts falling due after more
than one year
(150,000)
(116,500)
7
(12,812)
(18,176)
Provisions for liabilities
4,185,167
Net assets
4,091,689
Capital and reserves
Called up share capital
140
140
Retained earnings
4,185,027
4,091,549
4,185,167
4,091,689
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
NI605464
For the year ended 30 November 2024
Rugs Supermarket.com Ltd
Statement of Financial Position Continued
Mr Malachy McParland Director
These financial statements were approved and authorised for issue by the Board on 08 July 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 November 2024
Rugs Supermarket.com Ltd
Notes to the Financial Statements
Statutory Information
Rugs Supermarket.com Ltd is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI605464.
Registered address:
196 Coolmillish Road
Tassagh
Armagh
Armagh
BT60 2QW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
2% Straight line
Plant and Machinery
15% Reducing balance
20% Reducing balance
Computer Equipment
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 December 2023
1,122,000
At 30 November 2024
1,122,000
Amortisation
At 01 December 2023
1,009,800
112,200
Charge for year
At 30 November 2024
1,122,000
Net book value
At 30 November 2024
-
At 30 November 2023
112,200
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6
For the year ended 30 November 2024
Rugs Supermarket.com Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 December 2023
1,938,332
1,472
59,988
1,876,872
At 30 November 2024
1,876,872
59,988
1,472
1,938,332
Provision for depreciation and impairment
At 01 December 2023
233,464
525
35,194
197,745
Charge for year
41,445
189
3,719
37,537
At 30 November 2024
274,909
714
38,913
235,282
At 30 November 2024
Net book value
1,641,590
21,075
758
1,663,423
At 30 November 2023
1,679,127
24,794
947
1,704,868
4. Inventories
2023
2024
£
£
Stocks
371,983
363,180
5. Trade and other receivables
2023
2024
£
£
Trade debtors
129,872
139,039
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
113,308
25,839
Taxation and social security
72,896
93,110
Other creditors
55,167
76,150
241,371
195,099
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7
For the year ended 30 November 2024
Rugs Supermarket.com Ltd
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
116,500
150,000
8. Average number of persons employed
During the year the average number of employees was 8 (2023 : 7)
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