| Registered Number:07684010 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
NM Carpets Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
NM Carpets Ltd
Statement of Financial Position
2024
2025
46,623
61,459
2
| Property, plant and equipment |
38,741
34,764
3
85,364
96,223
456,983
362,571
4
| Trade and other receivables |
37,359
31,878
5
248,022
| Cash and cash equivalents |
275,604
670,053
742,364
| Trade and other payables: amounts falling due within one year |
(623,816)
(533,538)
6
118,548
136,515
Net current assets
| Total assets less current liabilities |
221,879
214,771
| Trade and other payables: amounts falling due after more than one year |
(22,023)
(11,993)
7
209,886
Net assets
192,748
2
2
209,884
192,746
209,886
192,748
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. |
| These financial statements were approved and authorised for issue by the Board on 10 December 2025 and were signed by: |
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For the year ended 31 March 2025
NM Carpets Ltd
Statement of Financial Position Continued
| The notes form part of these financial statements |
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For the year ended 31 March 2025
NM Carpets Ltd
Notes to the Financial Statements
Statutory Information
| NM Carpets Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 07684010. |
| Principal place of business: |
T/A United Carpets & Beds
21 Upper High Street
Wednesbury
WS10 7HQ
Horizon House
2 Whiting Street
Sheffield
S8 9QR
| 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: |
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
NM Carpets Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
148,358
148,358
86,899
14,836
Charge for year
101,735
46,623
61,459
| 3. Property, plant and equipment |
Fixtures and fittings
Motor vehicles
72,102
652
36,335
35,115
19,083
-
-
19,083
54,198
36,335
652
91,185
| Provision for depreciation and impairment |
37,338
652
11,280
25,406
Charge for year
15,106
-
3,705
11,401
52,444
652
14,985
36,807
17,391
21,350
-
38,741
9,709
25,055
-
34,764
2024
2025
362,571
456,983
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For the year ended 31 March 2025
NM Carpets Ltd
Notes to the Financial Statements Continued
| 5. Trade and other receivables |
2024
2025
12,853
12,439
19,025
24,920
37,359
31,878
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
148,078
230,208
| Taxation and social security |
72,471
40,360
312,989
353,248
533,538
623,816
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
11,993
22,023
| 8. Average number of persons employed |
During the year the average number of employees was 18 (2024 : 18)
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