| Registered Number:05998065 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Hanson's Carpets Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Hanson's Carpets Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
31,877
49,822
2
31,877
49,822
68,062
57,037
3
| Trade and other receivables |
7,223
7,494
4
111,131
| Cash and cash equivalents |
174,526
239,057
186,416
| Trade and other payables: amounts falling due within one year |
(112,207)
(138,179)
5
74,209
100,878
Net current assets
| Total assets less current liabilities |
132,755
124,031
132,755
Net assets
124,031
20,000
20,000
112,755
104,031
132,755
124,031
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 21 August 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Hanson's Carpets Limited
Notes to the Financial Statements
Statutory Information
| Hanson's Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 05998065. |
| Principal place of business: |
T/A United Carpets & Beds
407 Queens Road
Sheffield
S2 4DR
Horizon House
2 Whiting Street
Sheffield
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2006, has been fully amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| 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
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| 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. |
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For the year ended 31 March 2025
Hanson's Carpets Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Fixtures and fittings
Motor vehicles
Land and buildings
111,578
1,217
523
75,000
7,000
27,838
27,838
75,000
523
1,217
111,578
7,000
| Provision for depreciation and impairment |
61,756
1,217
523
31,656
5,075
23,285
Charge for year
17,945
-
-
15,844
700
1,401
79,701
1,217
523
47,500
5,775
24,686
3,152
1,225
27,500
-
-
31,877
4,553
1,925
43,344
-
-
49,822
2024
2025
57,037
68,062
| 4. Trade and other receivables |
2024
2025
7,494
7,223
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
50,097
32,091
| Taxation and social security |
32,022
25,112
56,060
55,004
138,179
112,207
| 6. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 6)
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