Company Registration No. 6536583 (England and Wales)
THE FLOORING CENTRE (NW) LTD
Unaudited accounts
for the year ended 31 March 2025
THE FLOORING CENTRE (NW) LTD
Unaudited accounts
Contents
THE FLOORING CENTRE (NW) LTD
Company Information
for the year ended 31 March 2025
Directors
S R Morton
S Morton
M Morton
M Morton
Company Number
6536583 (England and Wales)
Registered Office
Unit 3/4 Club Court
Club Street
Bamber Bridge
Lancashire
PR5 6FN
THE FLOORING CENTRE (NW) LTD
Statement of financial position
as at 31 March 2025
Tangible assets
64,550
54,113
Cash at bank and in hand
330,305
303,153
Creditors: amounts falling due within one year
(319,423)
(279,563)
Net current assets
255,435
215,776
Total assets less current liabilities
319,985
269,889
Creditors: amounts falling due after more than one year
(15,158)
(18,165)
Provisions for liabilities
Deferred tax
(16,147)
(7,927)
Net assets
288,680
243,797
Called up share capital
200
200
Profit and loss account
288,480
243,597
Shareholders' funds
288,680
243,797
For the year ending 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
S R Morton
Director
Company Registration No. 6536583
THE FLOORING CENTRE (NW) LTD
Notes to the Accounts
for the year ended 31 March 2025
THE FLOORING CENTRE (NW) LTD is a private company, limited by shares, registered in England and Wales, registration number 6536583. The registered office is Unit 3/4 Club Court, Club Street, Bamber Bridge, Lancashire, PR5 6FN.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
over the period of the lease
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
3 years straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
THE FLOORING CENTRE (NW) LTD
Notes to the Accounts
for the year ended 31 March 2025
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Tangible fixed assets
Total
Charge for the year
13,989
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
21,890
18,616
The following loans to directors subsisted during the period ended 31st March 2025.
Balances Outstanding At Beginning Of Period - £71,888
Balances Outstanding At End Of Period - £83,449
Maximum Balances Outstanding During The Period - £83,449
All advances were interest free. The original advances were repaid in full on 6th April 2024 and the amounts outstanding at the year end were repaid in full on 6th April 2025.
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Average number of employees
During the year the average number of employees was 9 (2024: 9).