| Registered Number:04173105 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Logan Carpets Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Logan Carpets Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
83,728
65,589
2
83,728
65,589
149,016
124,967
3
| Trade and other receivables |
2,813
2,337
4
197,034
| Cash and cash equivalents |
223,356
350,660
348,863
| Trade and other payables: amounts falling due within one year |
(225,974)
(232,489)
5
122,889
118,171
Net current assets
| Total assets less current liabilities |
201,899
188,478
| Trade and other payables: amounts falling due after more than one year |
(21,613)
-
6
201,899
Net assets
166,865
1,300
1,300
200,599
165,565
201,899
166,865
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. |
| Dawn Natalie Logan Director |
| These financial statements were approved and authorised for issue by the Board on 19 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Logan Carpets Limited
Notes to the Financial Statements
Statutory Information
| Logan Carpets Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 04173105. |
| Principal place of business: |
T/A United Carpets & Beds
Clarence Road
Worksop
S80 1DJ
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 0, is being 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
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
Logan Carpets Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Fixtures and fittings
Motor vehicles
107,707
1,710
43,107
62,890
34,000
-
-
34,000
96,890
43,107
1,710
141,707
| Provision for depreciation and impairment |
42,118
1,710
30,510
9,898
Charge for year
15,861
-
1,683
14,178
57,979
1,710
32,193
24,076
72,814
10,914
-
83,728
52,992
12,597
-
65,589
2024
2025
124,967
149,016
| 4. Trade and other receivables |
2024
2025
2,337
2,813
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
11,613
-
99,977
120,408
| Taxation and social security |
59,544
73,388
61,355
32,178
232,489
225,974
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For the year ended 31 March 2025
Logan Carpets Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
-
21,613
| 7. Average number of persons employed |
During the year the average number of employees was 10 (2024 : 10)
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