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Registered number: 11664256
Carter Thorne Carpets And Flooring 2018 Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Litebooks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11664256
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,432 20,102
13,432 20,102
CURRENT ASSETS
Stocks 5 15,000 7,500
Debtors 6 19,032 46,729
Cash at bank and in hand 32,317 33,038
66,349 87,267
Creditors: Amounts Falling Due Within One Year 7 (121,596 ) (102,574 )
NET CURRENT ASSETS (LIABILITIES) (55,247 ) (15,307 )
TOTAL ASSETS LESS CURRENT LIABILITIES (41,815 ) 4,795
Creditors: Amounts Falling Due After More Than One Year 8 - (3,819 )
NET (LIABILITIES)/ASSETS (41,815 ) 976
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (41,915 ) 876
SHAREHOLDERS' FUNDS (41,815) 976
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Phil Roodt
Director
30/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Carter Thorne Carpets And Flooring 2018 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11664256 . The registered office is 29 Haywards, Crawley, RH10 3NE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% RB
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: )
4 -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2023 68,728
As at 30 November 2024 68,728
Depreciation
As at 1 December 2023 48,626
Provided during the period 6,670
As at 30 November 2024 55,296
Net Book Value
As at 30 November 2024 13,432
As at 1 December 2023 20,102
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock 15,000 7,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,499 40,746
Other debtors 4,533 5,983
19,032 46,729
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 48,502 72,716
Bank loans and overdrafts 14,456 -
Other loans 50,298 -
Other creditors - 20,970
Taxation and social security 8,340 8,888
121,596 102,574
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 3,819
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4