Company Registration No. 10429031 (England and Wales)
Park Gate Carpets Limited
Unaudited accounts
for the year ended 31 October 2024
Park Gate Carpets Limited
Unaudited accounts
Contents
Park Gate Carpets Limited
Company Information
for the year ended 31 October 2024
Directors
Mr Dion Mark Nurse
Mrs Trudy Helen Nurse
Company Number
10429031 (England and Wales)
Registered Office
110-114 Broad Street
Park Gate
Rotherham
South Yorkshire
S62 6EN
United Kingdom
Accountants
Rishworth Baxter
26 Cheapside
WAKEFIELD
West Yorkshire
WF1 2TF
Park Gate Carpets Limited
Statement of financial position
as at 31 October 2024
Tangible assets
81,906
9,044
Cash at bank and in hand
16
698
Creditors: amounts falling due within one year
(247,727)
(71,459)
Net current liabilities
(227,777)
(51,544)
Total assets less current liabilities
(145,871)
(42,500)
Creditors: amounts falling due after more than one year
(37,314)
(71,418)
Net liabilities
(183,185)
(113,918)
Called up share capital
100
100
Profit and loss account
(183,285)
(114,018)
Shareholders' funds
(183,185)
(113,918)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by
Mrs Trudy Helen Nurse
Director
Company Registration No. 10429031
Park Gate Carpets Limited
Notes to the Accounts
for the year ended 31 October 2024
Park Gate Carpets Limited is a private company, limited by shares, registered in England and Wales, registration number 10429031. The registered office is 110-114 Broad Street, Park Gate, Rotherham, South Yorkshire, S62 6EN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
21,762
933
22,695
Additions
-
101,012
101,012
Disposals
(3,579)
-
(3,579)
At 31 October 2024
18,183
101,945
120,128
At 1 November 2023
12,915
736
13,651
Charge for the year
1,999
25,302
27,301
On disposals
(2,730)
-
(2,730)
At 31 October 2024
12,184
26,038
38,222
At 31 October 2024
5,999
75,907
81,906
At 31 October 2023
8,847
197
9,044
Park Gate Carpets Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
16,804
16,217
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26,036
13,610
Trade creditors
21,666
23,129
Taxes and social security
-
166
Loans from directors
200,025
14,758
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2023: 5).