Carpets 4 All Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05033343

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		250,285		257,275

			250,285		257,275
CURRENT ASSETS
Stocks	6	773,440		717,681
Debtors	7	356,529		268,220
Cash at bank and in hand		1,787,129		1,374,026

		2,917,098		2,359,927
Creditors: Amounts Falling Due Within One Year	8	(1,044,802 )		(526,815 )

NET CURRENT ASSETS (LIABILITIES)			1,872,296		1,833,112

TOTAL ASSETS LESS CURRENT LIABILITIES			2,122,581		2,090,387

Creditors: Amounts Falling Due After More Than One Year	9		(166,120 )		(194,024 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(55,889 )		(56,330 )

NET ASSETS			1,900,572		1,840,033

CAPITAL AND RESERVES
Called up share capital	10		110		110
Profit and Loss Account			1,900,462		1,839,923

SHAREHOLDERS' FUNDS			1,900,572		1,840,033

Page 1

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Carpets 4 All Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Sean Barker McCarthy Director	Mr Patrick McCarthy Director
30/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Carpets 4 All Limited Registered number 05033343 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 1 Haslemere Trading Estate, Sutton Road, Maidstone, ME15 9NL.

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

2.3. Research and Development

The company capitalises development expenditure on a software system named Carpet Genius. Expenditure on the development is amortised over a period of five years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Leasehold	15 and 10 years staright line basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	15% reducing balance basis
Computer Equipment	33.3% reducing balance basis

2.5. 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.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 43 (2024: 43)

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Carpets 4 All Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 March 2024	100,000

As at 28 February 2025	100,000

Amortisation
As at 1 March 2024	100,000

As at 28 February 2025	100,000

Net Book Value
As at 28 February 2025	-

As at 1 March 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 March 2024	67,976	107,510	366,129	23,894	565,509
Additions	-	25,750	11,598	1,845	39,193

As at 28 February 2025	67,976	133,260	377,727	25,739	604,702

Depreciation
As at 1 March 2024	49,060	61,487	182,483	15,204	308,234
Provided during the period	2,880	12,083	28,096	3,124	46,183

As at 28 February 2025	51,940	73,570	210,579	18,328	354,417

Net Book Value
As at 28 February 2025	16,036	59,690	167,148	7,411	250,285

As at 1 March 2024	18,916	46,023	183,646	8,690	257,275

6. Stocks

	2025	2024
	£	£
Stock	773,440	717,681

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	97,330	82,862
Prepayments and accrued income	259,199	185,358

	356,529	268,220

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Carpets 4 All Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	332,366	264,078
Corporation tax	158,398	92,194
Other taxes and social security	32,146	24,562
VAT	78,991	44,753
Other creditors	27,905	27,905
Pension creditor	7,470	6,983
Accruals and deferred income	260,365	3,340
Directors' loan accounts	147,161	63,000

	1,044,802	526,815

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	166,120	194,024

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	110	110

11. Controlling Party

The company's controlling party is Sean Barker-McCarthy and Patrick McCarthy by virtue of their ownership of 90% of the issued share capital in the company.