The Essex Carpet Centre Limited

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

Registered number: 04320586

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,540		3,538

			4,540		3,538
CURRENT ASSETS
Stocks	5	56,057		63,525
Debtors	6	12,213		15,175
Cash at bank and in hand		23		3,044

		68,293		81,744
Creditors: Amounts Falling Due Within One Year	7	(184,623 )		(101,443 )

NET CURRENT ASSETS (LIABILITIES)			(116,330 )		(19,699 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(111,790 )		(16,161 )

Creditors: Amounts Falling Due After More Than One Year	8		(13,533 )		(31,930 )

NET LIABILITIES			(125,323 )		(48,091 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(125,423 )		(48,191 )

SHAREHOLDERS' FUNDS			(125,323)		(48,091)

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The Essex Carpet Centre Limited

Balance Sheet (continued)

As At 31 March 2025

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

D J Urand

Director

8th December 2025

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

1. General Information

The Essex Carpet Centre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04320586 . The registered office is 66 High Street, Great Baddow, Chelmsford, Essex, CM2 7HH.

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. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The director continues to support the business.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	10 years straight line
Plant & Machinery	25% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	12.5% straight line

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

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The Essex Carpet Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	-	23,003	23,003
Additions	2,097	-	2,097

As at 31 March 2025	2,097	23,003	25,100

Depreciation
As at 1 April 2024	-	19,465	19,465
Provided during the period	210	885	1,095

As at 31 March 2025	210	20,350	20,560

Net Book Value
As at 31 March 2025	1,887	2,653	4,540

As at 1 April 2024	-	3,538	3,538

5. Stocks

	2025	2024
	£	£
Stock	19,081	20,576
Work in progress	36,976	42,949

	56,057	63,525

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,886	3,913
Other debtors	10,327	11,262

	12,213	15,175

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	46,972	28,378
Bank loans and overdrafts	59,546	28,835
Other creditors	71,457	37,505
Taxation and social security	6,648	6,725

	184,623	101,443

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

	2025	2024
	£	£
Bank loans	13,533	31,930

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The Essex Carpet Centre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

Rent £148,708

Equipment £91,724

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Dennis Urand	(14,217 )	15	(36,378 )	-	(50,580 )

The above loan is unsecured, interest free and repayable on demand.

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