REGISTERED NUMBER: 04759844 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

FOR

BROADLAND FLOORING LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B Couzens

Mrs D A Russell

SECRETARY:

Mr B Couzens

REGISTERED OFFICE:

54 Thorpe Road

Norwich

Norfolk

NR1 1RY

REGISTERED NUMBER:

04759844 (England and Wales)

FIXED ASSETS

Tangible assets

4

39,887

48,102

CURRENT ASSETS

Stocks

8,184

13,831

Debtors

5

66,443

194,808

Prepayments and accrued income

3,762

5,054

Cash at bank and in hand

86,056

2,966

164,445

216,659

CREDITORS

Amounts falling due within one year

6

145,964

162,125

NET CURRENT ASSETS

18,481

54,534

TOTAL ASSETS LESS CURRENT LIABILITIES

58,368

102,636

CREDITORS

Amounts falling due after more than one year

7

(7,178

)

(22,724

)

PROVISIONS FOR LIABILITIES

(9,143

)

(11,143

)

ACCRUALS AND DEFERRED INCOME

(3,600

)

(5,571

)

NET ASSETS

38,447

63,198

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

38,347

63,098

SHAREHOLDERS' FUNDS

38,447

63,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th October 2025 and were signed on its behalf by:

Mr B Couzens - Director

Mrs D A Russell - Director

1.	STATUTORY INFORMATION

Broadland Flooring 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 represents net invoiced sales of goods and services, excluding value added tax.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st June 2024

5,722

4,244

75,984

25,248

111,198

Additions

195

-

-

835

1,030

Disposals

-

-

(17,495

)

-

(17,495

)

At 31st May 2025

5,917

4,244

58,489

26,083

94,733

DEPRECIATION

At 1st June 2024

5,204

2,754

33,414

21,724

63,096

Charge for year

107

224

3,672

1,090

5,093

Eliminated on disposal

-

-

(13,343

)

-

(13,343

)

At 31st May 2025

5,311

2,978

23,743

22,814

54,846

NET BOOK VALUE

At 31st May 2025

606

1,266

34,746

3,269

39,887

At 31st May 2024

518

1,490

42,570

3,524

48,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

66,443

194,808

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,300

17,400

Trade creditors

32,879

55,463

Taxation and social security

50,683

51,210

Other creditors

47,102

38,052

145,964

162,125

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

7,178

22,724

8.	OTHER FINANCIAL COMMITMENTS

The company has total operating lease commitments over the next five years, which are not included in the balance sheet amounting to £11,370.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.