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REGISTERED NUMBER: 08678362 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

COVENTRY SLIDING WARDROBES LTD

COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COVENTRY SLIDING WARDROBES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr S Clay





REGISTERED OFFICE: Gethin House
36 Bond street
Nuneaton
CV11 4DA





REGISTERED NUMBER: 08678362 (England and Wales)





ACCOUNTANTS: Armstrongs Bishop Simmons
Chartered Accountants and Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CV11 4DA

COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 156,658 152,469

CURRENT ASSETS
Stocks 149,526 109,190
Debtors 5 104,462 75,047
Cash at bank 147 50
254,135 184,287
CREDITORS
Amounts falling due within one year 6 327,113 249,105
NET CURRENT LIABILITIES (72,978 ) (64,818 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,680

87,651

CREDITORS
Amounts falling due after more than one
year

7

(78,161

)

(84,097

)

PROVISIONS FOR LIABILITIES (3,688 ) (2,487 )
NET ASSETS 1,831 1,067

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,731 967
SHAREHOLDERS' FUNDS 1,831 1,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:





Mr S Clay - Director


COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Coventry Sliding Wardrobes 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.

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.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 October 2023 122,500 7,620 34,746
Additions - 1,125 4,708
At 30 September 2024 122,500 8,745 39,454
DEPRECIATION
At 1 October 2023 - - 16,397
Charge for year - - 4,501
At 30 September 2024 - - 20,898
NET BOOK VALUE
At 30 September 2024 122,500 8,745 18,556
At 30 September 2023 122,500 7,620 18,349

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 4,109 4,177 7,757 180,909
Additions - - 3,802 9,635
At 30 September 2024 4,109 4,177 11,559 190,544
DEPRECIATION
At 1 October 2023 3,100 3,834 5,109 28,440
Charge for year 201 86 658 5,446
At 30 September 2024 3,301 3,920 5,767 33,886
NET BOOK VALUE
At 30 September 2024 808 257 5,792 156,658
At 30 September 2023 1,009 343 2,648 152,469

COVENTRY SLIDING WARDROBES LTD (REGISTERED NUMBER: 08678362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,781 22,785
Other debtors 84,118 50,162
Prepayments 1,563 2,100
104,462 75,047

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,658 29,362
Trade creditors 32,188 51,220
Corporation tax - 531
Social security and other taxes 3,877 14,520
VAT 11,751 5,230
Other creditors 5,100 95
Pensions payable 438 414
Directors' current accounts 257,581 146,133
Accrued expenses 1,520 1,600
327,113 249,105

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 31,416 35,300
Bank loans more than 5 years 46,745 48,797
78,161 84,097

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 46,745 48,797

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Aldermore Bank Loan - 72,089