| Baileygate Carpets Limited |
| Registered Number:05652700 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Baileygate Carpets Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Baileygate Carpets Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
26,519
37,150
2
26,519
37,150
138,056
133,510
3
| Trade and other receivables |
3,439
6,476
4
279,133
| Cash and cash equivalents |
260,608
400,594
420,628
| Trade and other payables: amounts falling due within one year |
(145,290)
(138,163)
5
275,338
262,431
Net current assets
| Total assets less current liabilities |
288,950
312,488
288,950
Net assets
312,488
10,000
10,000
278,950
302,488
288,950
312,488
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year |
| and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply |
| with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 19 September 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 March 2025
Baileygate Carpets Limited
Notes to the Financial Statements
Statutory Information
| Baileygate Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 05652700. |
| Principal place of business: |
T/A United Carpets & Beds
Unit 3b
South Baileygate
Pontefract
WF8 2LN
C/O Johnson Walker
Horizon House
2 Whiting Street
Sheffield
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2 of 3
For the year ended 31 March 2025
Baileygate Carpets Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
67,820
7,820
60,000
60,000
7,820
67,820
| Provision for depreciation and impairment |
30,670
1,937
28,733
Charge for year
10,631
757
9,874
41,301
2,694
38,607
21,393
5,126
26,519
31,267
5,883
37,150
2024
2025
133,510
138,056
| 4. Trade and other receivables |
2024
2025
6,476
3,439
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
58,289
83,068
| Taxation and social security |
24,869
19,775
55,005
42,447
138,163
145,290
| 6. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 5)
3 of 3