Company Registration No. 05171048 (England and Wales)
S & R Carpets Ltd
Unaudited accounts
for the year ended 31 December 2024
S & R Carpets Ltd
Unaudited accounts
Contents
S & R Carpets Ltd
Company Information
for the year ended 31 December 2024
Company Number
05171048 (England and Wales)
Registered Office
306 LEEDS ROAD
BRADFORD
WEST YORKSHIRE
BD3 9QX
S & R Carpets Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
212,268
196,001
Inventories
154,555
187,820
Cash at bank and in hand
8,930
2,542
Creditors: amounts falling due within one year
(378,593)
(380,980)
Net current liabilities
(172,757)
(170,429)
Total assets less current liabilities
39,511
25,572
Provisions for liabilities
Deferred tax
(1,522)
(2,304)
Called up share capital
1,000
1,000
Profit and loss account
36,989
22,268
Shareholders' funds
37,989
23,268
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 1 August 2025 and were signed on its behalf by
Shahid Raqib
Director
Company Registration No. 05171048
S & R Carpets Ltd
Notes to the Accounts
for the year ended 31 December 2024
S & R Carpets Ltd is a private company, limited by shares, registered in England and Wales, registration number 05171048. The registered office is 306 LEEDS ROAD, BRADFORD, WEST YORKSHIRE, BD3 9QX.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2024
172,206
15,600
42,133
29,180
10,186
269,305
Additions
-
-
10,983
7,899
10,189
29,071
At 31 December 2024
172,206
15,600
53,116
37,079
20,375
298,376
At 1 January 2024
-
11,882
30,886
25,444
5,092
73,304
Charge for the year
-
918
5,557
1,745
4,584
12,804
At 31 December 2024
-
12,800
36,443
27,189
9,676
86,108
At 31 December 2024
172,206
2,800
16,673
9,890
10,699
212,268
At 31 December 2023
172,206
3,718
11,247
3,736
5,094
196,001
S & R Carpets Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
31,166
12,913
Accrued income and prepayments
7,185
3,276
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,545
24,951
Trade creditors
74,518
30,119
Loans from directors
273,862
309,845
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).