Company Registration No. 07524063 (England and Wales)
Prep-rite Uk Flooring Services Ltd
Unaudited accounts
for the year ended 28 February 2025
Prep-rite Uk Flooring Services Ltd
Unaudited accounts
Contents
Prep-rite Uk Flooring Services Ltd
Company Information
for the year ended 28 February 2025
Directors
Lyn Joanne Cheesey
Alan William Cheesey
Company Number
07524063 (England and Wales)
Registered Office
30 Westerton
Bishop Auckland
County Durham
DL14 8AH
England
Prep-rite Uk Flooring Services Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
24,124
33,836
Cash at bank and in hand
68,894
19,725
Creditors: amounts falling due within one year
(22,259)
(58,174)
Net current assets
54,351
30,389
Called up share capital
2
2
Profit and loss account
78,473
64,223
Shareholders' funds
78,475
64,225
For the year ending 28 February 2025 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 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 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 of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Lyn Joanne Cheesey
Director
Company Registration No. 07524063
Prep-rite Uk Flooring Services Ltd
Notes to the Accounts
for the year ended 28 February 2025
Prep-rite Uk Flooring Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07524063. The registered office is 30 Westerton, Bishop Auckland, County Durham, DL14 8AH, England.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2024
82,898
51,064
133,962
Disposals
(10,612)
-
(10,612)
At 28 February 2025
72,286
58,559
130,845
At 1 March 2024
74,380
25,746
100,126
Charge for the year
4,905
12,066
16,971
On disposals
(10,376)
-
(10,376)
At 28 February 2025
68,909
37,812
106,721
At 28 February 2025
3,377
20,747
24,124
At 29 February 2024
8,518
25,318
33,836
Prep-rite Uk Flooring Services Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Trade debtors
7,716
66,237
Accrued income and prepayments
-
2,601
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,108
36,361
Taxes and social security
847
4,312
Loans from directors
4,618
1,074
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).