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REGISTERED NUMBER: OC439682 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EJ CARPETS & FLOORINGS LLP

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EJ CARPETS & FLOORINGS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: N Freeman
R Townrow
G Freeman





REGISTERED OFFICE: 1-5 Perry Vale
Forest Hill
London
SE23 2NE





REGISTERED NUMBER: OC439682 (England and Wales)





ACCOUNTANTS: Sargeant Partnership Limited
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 168,000 192,000
Tangible assets 5 55,471 73,962
Investments 6 8,000 8,000
231,471 273,962

CURRENT ASSETS
Stocks 31,704 28,849
Debtors 7 2,729 7,095
Cash at bank and in hand 215,881 188,719
250,314 224,663
CREDITORS
Amounts falling due within one year 8 95,158 96,316
NET CURRENT ASSETS 155,156 128,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,627

402,309

CREDITORS
Amounts falling due after more than one
year

9

5,908

13,749
NET ASSETS ATTRIBUTABLE TO
MEMBERS

380,719

388,560

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

BALANCE SHEET - continued
31 MARCH 2025

2025 2024
Notes £    £    £   
LOANS AND OTHER DEBTS DUE
TO MEMBERS

10

380,719

388,560

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 380,719 388,560

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 July 2025 and were signed by:





G Freeman - Designated member

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

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

1. STATUTORY INFORMATION

EJ Carpets & Floorings LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance and not provided
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

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

2. ACCOUNTING POLICIES - continued

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

3. EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 240,000
AMORTISATION
At 1 April 2024 48,000
Charge for year 24,000
At 31 March 2025 72,000
NET BOOK VALUE
At 31 March 2025 168,000
At 31 March 2024 192,000

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 2,280 94,823 3,008 100,111
DEPRECIATION
At 1 April 2024 1,104 24,460 585 26,149
Charge for year 294 17,591 606 18,491
At 31 March 2025 1,398 42,051 1,191 44,640
NET BOOK VALUE
At 31 March 2025 882 52,772 1,817 55,471
At 31 March 2024 1,176 70,363 2,423 73,962

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Reclassification/transfer 72,246
At 31 March 2025 72,246
DEPRECIATION
Charge for year 14,680
Reclassification/transfer 13,524
At 31 March 2025 28,204
NET BOOK VALUE
At 31 March 2025 44,042

EJ CARPETS & FLOORINGS LLP (REGISTERED NUMBER: OC439682)

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

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2024
and 31 March 2025 8,000
NET BOOK VALUE
At 31 March 2025 8,000
At 31 March 2024 8,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 827 4,064
Other debtors 1,902 3,031
2,729 7,095

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 7,841 7,841
Trade creditors 22,847 25,437
Taxation and social security 16,206 19,433
Other creditors 48,264 43,605
95,158 96,316

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Hire purchase contracts 5,908 13,749

10. LOANS AND OTHER DEBTS DUE TO MEMBERS

Amounts owed to third parties rank in priority to loans and other debts due to members.