Carpet Cave Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06401295

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,260		8,520
Tangible Assets	5		1,620		2,186

			5,880		10,706
CURRENT ASSETS
Debtors	6	134,999		134,999
Cash at bank and in hand		122,019		108,794

		257,018		243,793
Creditors: Amounts Falling Due Within One Year	7	(30,708 )		(37,725 )

NET CURRENT ASSETS (LIABILITIES)			226,310		206,068

TOTAL ASSETS LESS CURRENT LIABILITIES			232,190		216,774

NET ASSETS			232,190		216,774

CAPITAL AND RESERVES
Called up share capital			9,999		9,999
Profit and Loss Account			222,191		206,775

SHAREHOLDERS' FUNDS			232,190		216,774

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Carpet Cave Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Emmitt Bradstock

Director

18 August 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Carpet Cave Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06401295 . The registered office is Figures House 24 Brighton Road, Salfords, Redhill, Surrey, RH1 5BX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on Cost
Motor Vehicles	25% Reducing balance method
Fixtures & Fittings	20% on Cost

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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Carpet Cave Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	42,600

As at 31 March 2025	42,600

Amortisation
As at 1 April 2024	34,080
Provided during the period	4,260

As at 31 March 2025	38,340

Net Book Value
As at 31 March 2025	4,260

As at 1 April 2024	8,520

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	2,369	25,955	1,494	29,818

As at 31 March 2025	2,369	25,955	1,494	29,818

Depreciation
As at 1 April 2024	2,369	24,013	1,250	27,632
Provided during the period	-	485	81	566

As at 31 March 2025	2,369	24,498	1,331	28,198

Net Book Value
As at 31 March 2025	-	1,457	163	1,620

As at 1 April 2024	-	1,942	244	2,186

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	134,999	134,999

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	15,507	6
Other creditors	1,819	6,347
Taxation and social security	13,382	31,372

	30,708	37,725

8. Related Party Transactions

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