Carpet Design and Flooring Limited

Carpet Design and Flooring Limited
Director's Report
For the year ended 31 December 2024

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 December 2024.

Principal activities

Principal activity of the company during the financial was of retaling carpets and floor coverings.

Director

The director who served the company throughout the year was as follows:

Graeme Garvey

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Graeme Garvey
Director

Date approved: 13 September 2025

Carpet Design and Flooring Limited Accountants' Report For the year ended 31 December 2024
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. CAS 31 December 2024 .................................................... CAS 14 Pyecroft Close Great Sankey Warrington WA5 3PN 13 September 2025 3

Carpet Design and Flooring Limited
Accountants' Report
For the year ended 31 December 2024

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
CAS
31 December 2024

....................................................

CAS
14 Pyecroft Close
Great Sankey
Warrington
WA5 3PN
13 September 2025

Carpet Design and Flooring Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	5	147,809	166,939
		147,809	166,939
Current assets
Stocks	6	132,953	89,572
Debtors	7	160,905	220,125
Cash at bank and in hand		10,276	57,015
		304,134	366,712
Creditors: amount falling due within one year	8	(125,957)	(161,197)
Net current assets		178,177	205,515

Total assets less current liabilities		325,986	372,454
Provisions for liabilities	9	(17,081)	(17,081)
Net assets		308,905	355,373

Capital and reserves
Called up share capital	10	100	100
Profit and loss account		308,805	355,273
Shareholders' funds		308,905	355,373

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the director on 13 September 2025 and were signed by:

-------------------------------
Graeme Garvey
Director

Carpet Design and Flooring Limited
Statement of Changes in Equity
For the year ended 31 December 2024

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 January 2023	100	340,108	340,208
Profit for the year		29,165	29,165
Total comprehensive income for the year	-	29,165	29,165
Dividends		(14,000)	(14,000)
Total investments by and distributions to owners	-	(14,000)	(14,000)
At 31 December 2023	100	355,273	355,373
At 01 January 2024	100	355,273	355,373
Profit for the year		(17,468)	(17,468)
Total comprehensive income for the year	-	(17,468)	(17,468)
Dividends		(29,000)	(29,000)
Total investments by and distributions to owners	-	(29,000)	(29,000)
At 31 December 2024	100	308,805	308,905

Carpet Design and Flooring Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Carpet Design and Flooring Limited is a private company, limited by shares, registered in , registration number 03096608, registration address Unit 1 The Woodlands Centre, Stretton Way, Huyton, Merseyside, L36 6AD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

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:

Land and Buildings	0 Reducing Balance
Plant and Machinery	15 Reducing Balance
Motor Vehicles	25 Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Directors' Emoluments

	2024 £	2023 £
Administrative Expenses
Directors Salaries	18,600	18,600
	18,600	18,600

Staff Costs

	2024 £	2023 £
Wages and salaries	312,314	337,893
Pension costs, defined contribution plan	75,514	60,014
Other staff costs	3,404	618
	391,232	398,525

Average number of employees during the year	Number	Number
Administration	3	3
	3	3

4.	Average number of employees Average number of employees during the year was 6 (2023 : 6).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Land and Buildings	Total
	£	£	£	£
At 01 January 2024	87,125	111,088	77,030	275,243
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 December 2024	87,125	111,088	77,030	275,243
Depreciation
At 01 January 2024	53,592	54,720	-	108,312
Charge for year	5,030	14,092	-	19,122
On disposals	-	-	-	-
At 31 December 2024	58,622	68,812	-	127,434
Net book values
Closing balance as at 31 December 2024	28,503	42,276	77,030	147,809
Opening balance as at 01 January 2024	33,533	56,368	77,038	166,939

The net book value of Land and Buildings includes £ 77,030 (2023 £77,030) in respect of assets leased under finance leases or hire purchase contracts.

Stocks

	2024 £		2023 £
Stocks	132,953		89,572
	132,953		89,572

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	180,535	212,955
Other Debtors	5,370	7,170
	185,905	220,125

Debtors: amounts falling due after one year

	2024 £		2023 £
Directors Loan Accounts	(25,000)		0
	(25,000)		0

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	75,825	111,797
Bank Loans & Overdrafts (Secured)	15,901	0
Corporation Tax	0	6,707
PAYE & Social Security	6,124	8,898
VAT	28,107	33,795
	125,957	161,197

Provisions for liabilities

	2024 £		2023 £
Deferred Tax	17,081		17,081
	17,081		17,081

10.

Share Capital

Allotted, called up and fully paid	2024 £		2023 £
100 Class A shares of £1.00 each	100		100
	100		100

Registered Number: 03096608

CARPET DESIGN AND FLOORING LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 December 2024