Registration number: 02460903

Dyne Carpet Tile Company Limited

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Dyne Carpet Tile Company Limited

(Registration number: 02460903)
Statement of Financial Position as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	10,540	10,499
Current assets
Stocks	5	225,712	222,235
Debtors	6	59,727	29,366
Cash at bank and in hand		17,627	39,418
		303,066	291,019
Creditors: Amounts falling due within one year	7	(193,309)	(157,937)
Net current assets		109,757	133,082
Total assets less current liabilities		120,297	143,581
Provisions for liabilities		(2,635)	(2,622)
Net assets		117,662	140,959
Capital and reserves
Called up share capital		100	100
Retained earnings		117,562	140,859
Shareholders' funds		117,662	140,959

Dyne Carpet Tile Company Limited

(Registration number: 02460903)
Statement of Financial Position as at 30 June 2025

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 19 September 2025 and signed on its behalf by:
 

......................................... Mr D Scowcroft Director

Dyne Carpet Tile Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 16
Langworthy Enterprise Park
Kansas Avenue
Salford
M50 2GL

These financial statements were authorised for issue by the Board on 19 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	20% straight line
Office equipment	15% straight line

Dyne Carpet Tile Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the statement of financial position. The corresponding dividends relating to the liability component are charged as interest in the income statement.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 2).

Dyne Carpet Tile Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 July 2024	7,742	21,635	29,377
Additions	5,090	-	5,090
At 30 June 2025	12,832	21,635	34,467
Depreciation
At 1 July 2024	7,339	11,539	18,878
Charge for the year	722	4,327	5,049
At 30 June 2025	8,061	15,866	23,927
Carrying amount
At 30 June 2025	4,771	5,769	10,540
At 30 June 2024	403	10,096	10,499

5

Stocks

	2025 £	2024 £
Other inventories	225,712	222,235

6

Debtors

Current	2025 £	2024 £
Trade debtors	45,481	25,299
Prepayments	8,760	317
Other debtors	5,486	3,750
	59,727	29,366

Dyne Carpet Tile Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	1,878	4,003
Taxation and social security	10,592	5,299
Accruals and deferred income	4,177	24,684
Other creditors	176,662	123,951
	193,309	157,937