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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
Page
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S & R Carpets Ltd Company Information for the year ended 31 December 2024
Director
Shahid Raqib
Company Number
05171048 (England and Wales)
Registered Office
306 LEEDS ROAD BRADFORD WEST YORKSHIRE BD3 9QX
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S & R Carpets Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
212,268 
196,001 
Current assets
Inventories
154,555 
187,820 
Debtors
42,351 
20,189 
Cash at bank and in hand
8,930 
2,542 
205,836 
210,551 
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)
Net assets
37,989 
23,268 
Capital and reserves
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
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S & R Carpets Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
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 
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S & R Carpets Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,166 
12,913 
Accrued income and prepayments
7,185 
3,276 
Other debtors
4,000 
4,000 
42,351 
20,189 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,545 
24,951 
VAT
14,685 
7,649 
Trade creditors
74,518 
30,119 
Other creditors
- 
7,433 
Loans from directors
273,862 
309,845 
Accruals
983 
983 
378,593 
380,980 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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