REGISTERED NUMBER: 01724576 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

The Carpet Cleaners Association Limited

T/A

National Carpet Cleaners Association

Limited by Guarantee

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P M Pearce

N P Lay

W R Russell

D K B Weaver

D R Koch

REGISTERED OFFICE:

Museum of Carpet

Stour Vale Mill

Green Street

Kidderminster

Worcestershire

DY10 1AZ

REGISTERED NUMBER:

01724576 (England and Wales)

AUDITORS:

Duncan & Toplis Audit Limited

Statutory Auditor

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Intangible assets

4

1,728

2,526

Tangible assets

5

2,679

3,997

Investments

6

1,211

1,211

5,618

7,734

CURRENT ASSETS

Stocks

6,003

4,689

Debtors

7

21,914

30,033

Cash at bank and in hand

135,190

128,360

163,107

163,082

CREDITORS

Amounts falling due within one year

8

(72,619

)

(58,672

)

NET CURRENT ASSETS

90,488

104,410

TOTAL ASSETS LESS CURRENT LIABILITIES

96,106

112,144

CREDITORS

Amounts falling due after more than one year

9

(2,499

)

(12,500

)

NET ASSETS

93,607

99,644

RESERVES

Retained earnings

93,607

99,644

93,607

99,644

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved the Board of Directors and authorised for issue on 7 December 2025 and were signed on its behalf by:

D K B Weaver - Director

1.	STATUTORY INFORMATION

The Carpet Cleaners Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. Income is recognised when the relevant goods and services are supplied.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademark are being amortised evenly over their estimated useful life of ten years.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Exhibition equipment

-

33% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Trademark

Website

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,860

3,060

4,920

AMORTISATION

At 1 April 2024

558

1,836

2,394

Amortisation for year

186

612

798

At 31 March 2025

744

2,448

3,192

NET BOOK VALUE

At 31 March 2025

1,116

612

1,728

At 31 March 2024

1,302

1,224

2,526

5.	TANGIBLE FIXED ASSETS

Fixtures

Exhibition

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

9,621

18,398

3,926

31,945

DEPRECIATION

At 1 April 2024

9,065

15,348

3,535

27,948

Charge for year

404

610

304

1,318

At 31 March 2025

9,469

15,958

3,839

29,266

NET BOOK VALUE

At 31 March 2025

152

2,440

87

2,679

At 31 March 2024

556

3,050

391

3,997

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1

1,210

1,211

NET BOOK VALUE

At 31 March 2025

1

1,210

1,211

At 31 March 2024

1

1,210

1,211

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,597

17,198

Other debtors

9,317

12,835

21,914

30,033

Other debtors includes prepayments and accrued income of £2,280 (2024 - £5,801).

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,240

10,240

Trade creditors

34,791

23,501

Taxation and social security

641

491

Other creditors

26,947

24,440

72,619

58,672

Other creditors includes accrued expenses and deferred income of £25,182 (2024 - £22,864).

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,499

12,500

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Smith FCCA (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited

11.	OTHER FINANCIAL COMMITMENTS

The total financial commitments which are not included in the balance sheet amount to £2,889 (2024 - £3,458).

12.	COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £2 towards the assets of the company in the event of its liquidation while they are a member, or for a period of twelve months from the date when they ceased to be a member.