COASTWAY RUGS LTD

Company Registration Number:
14169020 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

COASTWAY RUGS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2025

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

COASTWAY RUGS LTD

Profit And Loss Account

for the Period Ended 30 June 2025

2025 2024


£

£
Turnover: 1,314,555 989,429
Cost of sales: ( 661,128 ) ( 489,471 )
Gross profit(or loss): 653,427 499,958
Distribution costs: ( 189,159 ) ( 126,350 )
Administrative expenses: ( 413,513 ) ( 272,192 )
Other operating income: 119,424 9,815
Operating profit(or loss): 170,179 111,231
Interest receivable and similar income: 3,367 3,037
Interest payable and similar charges: ( 9,332 ) ( 7,897 )
Profit(or loss) before tax: 164,214 106,371
Tax: ( 6,283 ) ( 5,042 )
Profit(or loss) for the financial year: 157,931 101,329

COASTWAY RUGS LTD

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 28,718 25,705
Tangible assets: 4 395,677 192,136
Total fixed assets: 424,395 217,841
Current assets
Stocks: 5 734,097 214,644
Debtors: 6 963,682 183,033
Cash at bank and in hand: 305,927 32,989
Total current assets: 2,003,706 430,666
Prepayments and accrued income: 119,426 9,816
Creditors: amounts falling due within one year: 7 ( 301,905 ) ( 101,127 )
Net current assets (liabilities): 1,821,227 339,355
Total assets less current liabilities: 2,245,622 557,196
Creditors: amounts falling due after more than one year: 8 ( 600,316 ) ( 201,814 )
Total net assets (liabilities): 1,645,306 355,382
Capital and reserves
Called up share capital: 1,487,375 254,053
Profit and loss account: 157,931 101,329
Total Shareholders' funds: 1,645,306 355,382

The notes form part of these financial statements

COASTWAY RUGS LTD

Balance sheet statements

For the year ending 30 June 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 August 2025
and signed on behalf of the board by:

Name: Frances Bowie
Status: Director

The notes form part of these financial statements

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 31 10

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2024 26,363 8,931 35,294
Additions 224 5,727 5,951
Disposals
Revaluations
Transfers
At 30 June 2025 26,587 14,658 41,245
Amortisation
At 1 July 2024 8,580 1,009 9,589
Charge for year 2,735 203 2,938
On disposals
Other adjustments
At 30 June 2025 11,315 1,212 12,527
Net book value
At 30 June 2025 15,272 13,446 28,718
At 30 June 2024 17,783 7,922 25,705

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2024 43,489 68,898 56,662 55,514 7,633 232,196
Additions 41,743 61,389 51,958 50,241 7,134 212,465
Disposals
Revaluations
Transfers
At 30 June 2025 85,232 130,287 108,620 105,755 14,767 444,661
Depreciation
At 1 July 2024 5,139 14,754 10,011 9,133 1,023 40,060
Charge for year 1,116 4,031 2,538 1,106 133 8,924
On disposals
Other adjustments
At 30 June 2025 6,255 18,785 12,549 10,239 1,156 48,984
Net book value
At 30 June 2025 78,977 111,502 96,071 95,516 13,611 395,677
At 30 June 2024 38,350 54,144 46,651 46,381 6,610 192,136

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

5. Stocks

2025 2024
£ £
Stocks 496,257 176,631
Payments on account 237,840 38,013
Total 734,097 214,644

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

6. Debtors

2025 2024
£ £
Trade debtors 162,040 162,040
Prepayments and accrued income 67,800 10,268
Other debtors 733,842 10,725
Total 963,682 183,033

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 16,196 7,049
Amounts due under finance leases and hire purchase contracts 34,645 5,511
Trade creditors 137,318 62,446
Taxation and social security 7,251 1,183
Accruals and deferred income 29,352 5,471
Other creditors 77,143 19,467
Total 301,905 101,127

COASTWAY RUGS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2025

8. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Bank loans and overdrafts 343,499 118,021
Amounts due under finance leases and hire purchase contracts 102,254 30,756
Other creditors 154,563 53,037
Total 600,316 201,814