RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Company Registration Number:
NI672240 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 December 2024

Period of accounts

Start date: 31 December 2023

End date: 30 December 2024

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2024

Balance sheet
Notes

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Balance sheet

As at 30 December 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 310 6,495
Investments:   0 0
Total fixed assets: 310 6,495
Current assets
Stocks: 153,698 186,246
Debtors: 4 185,960 84,720
Cash at bank and in hand: 1,691 8,531
Investments:   0 0
Total current assets: 341,349 279,497
Creditors: amounts falling due within one year:   (591,538) (517,889)
Net current assets (liabilities): (250,189) (238,392)
Total assets less current liabilities: (249,879) (231,897)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (249,879) (231,897)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (249,979) (231,997)
Shareholders funds: (249,879) (231,897)

The notes form part of these financial statements

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Balance sheet statements

For the year ending 30 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 September 2025
and signed on behalf of the board by:

Name: Christopher Dineen
Status: Director

The notes form part of these financial statements

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

3. Tangible Assets

Total
Cost £
At 31 December 2023 30,299
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 December 2024 30,299
Depreciation
At 31 December 2023 23,804
Charge for year 6,185
On disposals 0
Other adjustments 0
At 30 December 2024 29,989
Net book value
At 30 December 2024 310
At 30 December 2023 6,495

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 185,960 84,720

RIGHT PRICE TILES AND WOOD FLOORING DERRY LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2024

5. Related party transactions

Name of the related party: Railway Tiles Unlimited Company
Relationship:
Connected Party
Description of the Transaction: (a) Railway Tiles Unlimited company sold goods/ crosscharged expenses to Right Price Tiles and Wood Flooring Derry Limited in the amount of £ 492,361. (b) Right Price Tiles and Wood Flooring Derry Limited advanced funds to Railway Tiles Unlimited Company in the amount of £377,422. (c) At the balance sheet date there was an exchange gain of £19,658. At the balance sheet date, £527,210 (2023: £431,929) remained owing t
£
Balance at 31 December 2023 431,929
Balance at 30 December 2024 527,210
Name of the related party: CSL Tiles Unlimited Company
Relationship:
Connected Party
Description of the Transaction: (a) Right Price Tiles and Wood Flooring Derry Limited sold goods/ crosscharged expenses to CSL Tiles Unlimited Company in the amount of £38,527. (b) CSL Tiles Unlimited Company advanced funds to Right Price Tiles and Wood Flooring Derry Limited in the amount of £73,602. (c) CSL Tiles Unlimited Company sold goods/ crosscharged expenses to Right Price Tiles and Wood Flooring Derry Limited in the amount of £10,423. (d) Right Price Tiles and Wood Flooring Derry Limited advanced funds to CSL Tiles Unlimited Company in the amount of £10,423. (e) At the balance sheet date there was an exchange loss of £719
£
Balance at 31 December 2023 34,356
Balance at 30 December 2024 0
Name of the related party: Right Price Tiles and Wood Flooring Limited
Relationship:
Connected Party
Description of the Transaction: (a) Right Price Tiles and Wood Flooring Derry Limited sold goods/crosscharged expenses to Right Price Tiles and Wood Flooring Limited in the amount of £8,623. (b) Right Price Tiles and Wood Flooring Limited advanced funds in the amount of £8,623 to Right Price Tiles and Wood Flooring Derry Limited. (c) Right Price and Wood Flooring Limited sold goods/ crosscharged expenses to Right Price Tiles and Wood Flooring Derry Limited in the amount of £12,369. (d) Right Price Tiles and Wood Flooring Limited advanced funds to Right Price Tiles and Wood Flooring Derry in the amount of £13,104.
£
Balance at 31 December 2023 739
Balance at 30 December 2024 0