STATION FLOORING (UK) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
Company Registration Number: 08323353

STATION FLOORING (UK) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS | PAGES
Company information | 1
Balance sheet | 2 to 3
Notes to the financial statements |  |  |  |  |  | 4 to 11

STATION FLOORING (UK) LTD
COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
Nigel Moss
Graham Brewerton
SECRETARY
The company does not have an appointed secretary
REGISTERED OFFICE
The Old Garrick Building
Station Road
Didcot
Oxon
OX11 7NR
COMPANY REGISTRATION NUMBER
08323353 England and Wales

STATION FLOORING (UK) LTD
BALANCE SHEET
AS AT 31 DECEMBER 2024
|  |  | Notes |  | 2024 |  |  |  | 2023
|  |  |  |  | £ |  |  |  | £
FIXED ASSETS
Tangible assets | 6 |  |  |  | 163,076 |  |  |  | 49,286
CURRENT ASSETS
Stock | 39,206 |  |  |  | 48,527
Debtors | 7 |  | 9,389 |  |  |  | 9,887
Cash at bank and in hand | 130,648 |  |  |  | 203,555
|  |  |  |  | 179,243 |  |  |  | 261,969
CREDITORS: Amounts falling due within one year | 8 |  | 192,660 |  |  |  | 166,949
NET CURRENT (LIABILITIES) / ASSETS | (13,417) |  |  |  | 95,020
TOTAL ASSETS LESS CURRENT LIABILITIES | 149,659 |  |  |  | 144,306
CREDITORS: Amounts falling due after more than one year | 9 |  |  |  | 60,030 |  |  |  | 15,365
Provisions for liabilities and charges | 38,167 |  |  |  | 11,347
NET ASSETS | 51,462 |  |  |  | 117,594
CAPITAL AND RESERVES
Called up share capital | 105 |  |  |  | 105
Distributable profit and loss account | 51,357 |  |  |  | 117,489
SHAREHOLDERS' FUNDS | 51,462 |  |  |  | 117,594

STATION FLOORING (UK) LTD
BALANCE SHEET
AS AT 31 DECEMBER 2024
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board of directors
Nigel Moss |  |  |  |  | Graham Brewerton
Director | Director
Date approved by the board: 11 August 2025

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1 | GENERAL INFORMATION
| Station Flooring (UK) Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
| The Old Garrick Building
| Station Road
| Didcot
| Oxon
| OX11 7NR
| The financial statements are presented in Sterling, which is the functional currency of the company.
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
| Basis of preparation of financial statements
| These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
| Going concern

| The accounts have been drawn up on the going concern basis. The company owes the directors £6,557 and its creditors £246,133, which could be required for repayment without notice. The company is therefore dependent upon the continued support of the directors and its creditors. The directors do not consider their own support nor the support of its creditors likely to be withdrawn.
| If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.

| Revenue recognition

| Turnover is measured at the fair value of consideration received or receivable and represents the value of invoiced sales, stated net of trade discounts and value added tax.
| The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Intangible fixed assets

| Intangible fixed assets, other than goodwill, are stated at cost less accumulated amortisation and any accumulated impairment losses. It is amortised on a straight-line basis over its useful economic life of 1 year and is now fully amortised.
| Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. At acquisition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses.

| Goodwill amortisation is charged on a straight line basis so as to write off the cost of the asset, less its residual value assumed to be zero, over its useful economic life. Goodwill has been fully amortised.
| If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.

| Tangible fixed assets

| Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

| Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.
| Plant and machinery | Reducing balance basis at 25% per annum
| Furniture and fittings | Reducing balance basis at 25% per annum
| Computer equipment | Straight line basis at 33% per annum
| Motor vehicles | Straight line basis at 25% per annum
| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Financial Instruments
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
| Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

| The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.
| Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.
| If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Stock

| Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a standard cost basis.
| The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

| Work in progress

| Work in progress has been valued at the lower of cost and estimated selling price less cost to complete and sell. Cost comprises the cost of materials and direct labour relevant to the stage of construction.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
| Leases
| Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.
| Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Taxation
| Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

| Current and deferred tax assets and liabilities are not discounted.
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

| No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4 | EMPLOYEES
| The average number of persons employed by the company (including directors) during the year was:
|  |  |  |  |  |  |  |  | 2024 |  | 2023
| Average number of employees | 12 |  | 13

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
5 | INTANGIBLE FIXED ASSETS
|  |  |  |  |  |  | Net goodwill | Other intangible fixed assets | Total
|  |  |  |  |  |  | £ |  | £ |  | £
| Cost
| At 1 January 2024 | 2 |  | 2 |  | 4
| At 31 December 2024 | 2 |  | 2 |  | 4
| Accumulated amounts written off
| At 1 January 2024 | 2 |  | 2 |  | 4
| At 31 December 2024 | 2 |  | 2 |  | 4
| Net book value
| At 1 January 2024 | - |  | - |  | -
| At 31 December 2024 | - |  | - |  | -
6 | TANGIBLE ASSETS
|  |  | Plant and machinery |  | Furniture and fittings |  | Computer equipment |  | Motor vehicles |  | Total
|  |  | £ |  | £ |  | £ |  | £ |  | £
| Cost
| At 1 January 2024 | 29,186 |  | 16,693 |  | 4,121 |  | 31,740 |  | 81,740
| Additions | 4,553 |  | 6,428 |  | 1,273 |  | 127,966 |  | 140,220
| At 31 December 2024 | 33,739 |  | 23,121 |  | 5,394 |  | 159,706 |  | 221,960
| Accumulated depreciation and impairments
| At 1 January 2024 | 17,036 |  | 11,806 |  | 2,289 |  | 1,323 |  | 32,454
| Charge for year | 3,634 |  | 2,577 |  | 1,026 |  | 19,193 |  | 26,430
| At 31 December 2024 | 20,670 |  | 14,383 |  | 3,315 |  | 20,516 |  | 58,884
| Net book value
| At 1 January 2024 | 12,150 |  | 4,887 |  | 1,832 |  | 30,417 |  | 49,286
| At 31 December 2024 | 13,069 |  | 8,738 |  | 2,079 |  | 139,190 |  | 163,076

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
7 | DEBTORS
|  |  |  |  |  |  |  |  | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| Trade debtors | 2,941 |  | 4,939
| Prepayments and accrued income | 4,198 |  | 2,698
| Other debtors | 2,250 |  | 2,250
|  |  |  |  |  |  |  |  | 9,389 |  | 9,887
8 | CREDITORS: Amounts falling due within one year
|  |  |  |  |  |  |  |  | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| Trade creditors | 78,571 |  | 53,740
| Taxation and social security | 53,695 |  | 81,275
| Hire purchase contracts and finance leases | 23,958 |  | 5,248
| Accruals and deferred income | 20,069 |  | 16,041
| Other creditors | 16,367 |  | 10,645
|  |  |  |  |  |  |  |  | 192,660 |  | 166,949
9 | CREDITORS: Amounts falling due after more than one year
|  |  |  |  |  |  |  |  | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| Hire purchase contracts and finance leases | 60,030 |  | 15,365
10 | CONTINGENCIES AND COMMITMENTS
| Other Commitments
| Amounts falling due under operating leases: | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| In less than one year | 3,803 |  | 8,644
| In more than one but less than five years | - |  | 1,380
|  |  |  |  |  |  |  |  | 3,803 |  | 10,024

STATION FLOORING (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11 | RELATED PARTY TRANSACTIONS
| During the year, the following transactions with related parties took place:
| Nigel Moss
| Director and shareholder | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| Advances to company |  | The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount: |  | 2,773 |  | 2,461
| Graham Brewerton
| Director and shareholder | 2024 |  | 2023
|  |  |  |  |  |  |  |  | £ |  | £
| Advances to company |  | The director has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director the following amount: |  | 3,784 |  | 3,473

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