REGISTERED NUMBER: 05312385 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CARPET AND CUSHIONFLOOR WAREHOUSE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L H E Roddis

C J Bell

SECRETARY:

L H E Roddis

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

05312385 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

4

-

12,500

Tangible assets

5

44,686

18,522

Investments

6

77

77

44,763

31,099

CURRENT ASSETS

Stocks

140,250

125,250

Debtors

7

311,803

282,816

Cash at bank and in hand

153,303

119,579

605,356

527,645

CREDITORS

Amounts falling due within one year

8

273,369

245,031

NET CURRENT ASSETS

331,987

282,614

TOTAL ASSETS LESS CURRENT LIABILITIES

376,750

313,713

CREDITORS

Amounts falling due after more than one year

9

(13,097

)

(23,280

)

PROVISIONS FOR LIABILITIES

(5,023

)

(4,631

)

NET ASSETS

358,630

285,802

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

358,530

285,702

SHAREHOLDERS' FUNDS

358,630

285,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

L H E Roddis - Director

1.	STATUTORY INFORMATION

Carpet and Cushionfloor Warehouse Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

250,000

AMORTISATION

At 1 January 2024

237,500

Amortisation for year

12,500

At 31 December 2024

250,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

12,500

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

16,340

9,288

30,293

Additions

15,668

6,530

-

Disposals

-

-

-

At 31 December 2024

32,008

15,818

30,293

DEPRECIATION

At 1 January 2024

7,489

7,533

22,590

Charge for year

3,201

774

1,155

Eliminated on disposal

-

-

-

At 31 December 2024

10,690

8,307

23,745

NET BOOK VALUE

At 31 December 2024

21,318

7,511

6,548

At 31 December 2023

8,851

1,755

7,703

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

6,378

582

62,881

Additions

11,333

-

33,531

Disposals

(6,378

)

-

(6,378

)

At 31 December 2024

11,333

582

90,034

DEPRECIATION

At 1 January 2024

6,165

582

44,359

Charge for year

2,077

-

7,207

Eliminated on disposal

(6,218

)

-

(6,218

)

At 31 December 2024

2,024

582

45,348

NET BOOK VALUE

At 31 December 2024

9,309

-

44,686

At 31 December 2023

213

-

18,522

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

77

NET BOOK VALUE

At 31 December 2024

77

At 31 December 2023

77

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

21,487

42,109

Amounts owed by group undertakings

45,612

47,441

Other debtors

163,170

113,420

Directors' current accounts

79,844

78,156

Tax

1,690

1,690

311,803

282,816

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,183

9,929

Other loans

65,077

65,077

Trade creditors

58,765

61,876

Tax

42,116

18,690

Social security and other taxes

(3,167

)

(355

)

Pension

(5

)

670

VAT

62,648

52,543

Other creditors

24,434

24,705

Accrued expenses

13,318

11,896

273,369

245,031

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

13,097

10,183

Bank loans - 2-5 years

-

13,097

13,097

23,280

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest has been charged on the overdrawn loan account at the official HMRC rate.