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Registration number: 04193154

Aiken Flooring Contracts Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Aiken Flooring Contracts Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Aiken Flooring Contracts Limited

Company Information

Director | Mr Stephen Dixon

Registered office | Unit 6 Nep Business Park Pattinson South Industrial Estate Washington Tyne & Wear NE38 8QP

Accountants | Chuhan and Singh Partnership Limited Chartered Accountants81 Borough Road Middlesbrough TS1 3AA

Aiken Flooring Contracts Limited

(Registration number: 04193154)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 65,824 | 81,168
Current assets |  |  |
Stocks | 5 | 38,651 | 63,597
Debtors | 6 | 371,767 | 326,424
Cash at bank and in hand |  | 127,754 | 116,880
|  | 538,172 | 506,901
Creditors: Amounts falling due within one year | 7 | (278,186) | (270,941)
Net current assets |  | 259,986 | 235,960
Total assets less current liabilities |  | 325,810 | 317,128
Creditors: Amounts falling due after more than one year | 7 | (13,263) | (20,429)
Provisions for liabilities |  | (11,498) | (14,125)
Net assets |  | 301,049 | 282,574
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 301,047 | 282,572
Shareholders' funds |  | 301,049 | 282,574

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Aiken Flooring Contracts Limited

(Registration number: 04193154)
Balance Sheet as at 30 April 2025 (continued)

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 November 2025

......................................... Mr Stephen Dixon Director

Aiken Flooring Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 6 Nep Business Park
Pattinson South Industrial Estate
Washington
Tyne & Wear
NE38 8QP

These financial statements were authorised for issue by the director on 27 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Aiken Flooring Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

2 | Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 25% Reducing Balance
Plant & Machinery | 15% Reducing Balance
Office Equipment | 15% Reducing Balance
Fixture & Fittings | 15% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Aiken Flooring Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

2 | Accounting policies (continued)

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 20).

Aiken Flooring Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 16,415 | 15,319 | 28,617 | 153,048 | 213,399
Additions | 790 | 3,161 | 2,078 | - | 6,029
Disposals | - | (5,039) | (21,719) | - | (26,758)
At 30 April 2025 | 17,205 | 13,441 | 8,976 | 153,048 | 192,670
Depreciation
At 1 May 2024 | 13,777 | 5,611 | 21,700 | 91,143 | 132,231
Charge for the year | 431 | 1,737 | 884 | 15,476 | 18,528
Eliminated on disposal | - | (4,162) | (19,751) | - | (23,913)
At 30 April 2025 | 14,208 | 3,186 | 2,833 | 106,619 | 126,846
Carrying amount
At 30 April 2025 | 2,997 | 10,255 | 6,143 | 46,429 | 65,824
At 30 April 2024 | 2,638 | 9,708 | 6,917 | 61,905 | 81,168

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 38,651 | 63,597

Aiken Flooring Contracts Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 343,575 | 299,954
Prepayments | 22,142 | 17,444
Other debtors | 6,050 | 9,026
| 371,767 | 326,424

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 9,461 | 9,461
Trade creditors |  | 151,319 | 200,362
Taxation and social security |  | 46,609 | 14,828
Accruals and deferred income |  | 49,369 | 38,722
Other creditors |  | 21,428 | 7,568
|  | 278,186 | 270,941