| St Thomas Carpets & Furniture Limited |
| Registered number: |
06401626 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
5,113 |
|
|
6,392 |
| Investments |
|
|
|
- |
|
|
- |
|
|
|
|
5,113 |
|
|
6,392 |
|
| Current assets |
| Stocks |
|
|
190,625 |
|
|
232,515 |
| Debtors |
4 |
|
69,866 |
|
|
- |
|
|
|
260,491 |
|
|
232,515 |
|
| Creditors: amounts falling due within one year |
5 |
|
(239,852) |
|
|
(215,502) |
|
| Net current assets |
|
|
|
20,639 |
|
|
17,013 |
|
| Total assets less current liabilities |
|
|
|
25,752 |
|
|
23,405 |
|
|
|
| Net assets |
|
|
|
25,752 |
|
|
23,405 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
25,749 |
|
|
23,402 |
|
| Shareholders' funds |
|
|
|
25,752 |
|
|
23,405 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Raqeeb Hussain |
| Director |
| Approved by the board on 25 September 2025 |
|
| St Thomas Carpets & Furniture Limited |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 January 2024 |
- |
|
24,612 |
|
14,948 |
|
39,560 |
|
Additions |
- |
|
- |
|
- |
|
- |
|
Surplus on revaluation |
- |
|
- |
|
- |
|
- |
|
Disposals |
- |
|
- |
|
- |
|
- |
|
At 31 December 2024 |
- |
|
24,612 |
|
14,948 |
|
39,560 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
- |
|
21,098 |
|
12,070 |
|
33,168 |
|
Charge for the year |
- |
|
703 |
|
576 |
|
1,279 |
|
Surplus on revaluation |
- |
|
- |
|
- |
|
- |
|
On disposals |
- |
|
- |
|
- |
|
- |
|
At 31 December 2024 |
- |
|
21,801 |
|
12,646 |
|
34,447 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
- |
|
2,811 |
|
2,302 |
|
5,113 |
|
At 31 December 2023 |
- |
|
3,514 |
|
2,878 |
|
6,392 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2024 |
|
2023 |
| £ |
£ |
|
Historical cost |
- |
|
- |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
- |
|
- |
|
[For revalued assets, state the years in which the assets were valued and their values. For assets revalued during the reporting period, state the names of the persons who revalued them or particulars of their qualifications for doing so and the bases of valuation used by them.] |
|
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
69,866 |
|
- |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
- |
|
Deferred tax asset |
|
|
|
|
- |
|
- |
|
Other debtors |
- |
|
- |
|
|
|
|
|
|
69,866 |
|
- |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Non-equity preference shares |
- |
|
- |
|
Bank loans and overdrafts |
7,247 |
|
7,124 |
|
Obligations under finance lease and hire purchase contracts |
- |
|
- |
|
Trade creditors |
- |
|
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
- |
|
- |
|
Taxation and social security costs |
5,919 |
|
5,692 |
|
Other creditors |
226,686 |
|
202,686 |
|
|
|
|
|
|
239,852 |
|
215,502 |
|
|
|
|
|
|
|
|
|