| Registered number: 10777565 | ||||||||
| FOR THE YEAR ENDED 31/05/2025 | ||||||||
| Prepared By: | ||||||||
| GT Accountants Limited | ||||||||
| Unit 7, The Court House | ||||||||
| 72 Moorland Road, Burslem | ||||||||
| Stoke on Trent | ||||||||
| Staffs | ||||||||
| ST6 1DY | ||||||||
| Floor It (Stoke) Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/05/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Staffordshire | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 10777565 | ||||||||
| ACCOUNTANTS | ||||||||
| GT Accountants Limited | ||||||||
| Unit 7, The Court House | ||||||||
| 72 Moorland Road, Burslem | ||||||||
| Stoke on Trent | ||||||||
| Staffs | ||||||||
| ST6 1DY | ||||||||
| Floor It (Stoke) Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/05/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| Floor It (Stoke) Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 46,749 | 35,910 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT LIABILITIES | ( | (51,521) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | - | 10,000 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
| NET LIABILITIES | ( | ( | ||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 9 | |||||||||
| Profit and loss account | (35,836) | (52,939) | ||||||||
| SHAREHOLDERS' FUNDS | ( | ( | ||||||||
| Approved by the board on | ||||||||||
| Director | ||||||||||
| Floor It (Stoke) Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/05/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Short Leasehold Properties | reducing balance 15% | |||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| Equipment | reducing balance 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 1 | |||||
| Floor It (Stoke) Ltd | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||||
| Short Leasehold | Fixtures | |||||||
| Properties | and Fittings | Equipment | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/06/2024 | 11,359 | 10,103 | 1,965 | 23,427 | ||||
| Additions | - | - | 2,340 | 2,340 | ||||
| At 31/05/2025 | 11,359 | 10,103 | 4,305 | 25,767 | ||||
| Depreciation | ||||||||
| At 01/06/2024 | 5,679 | 6,974 | 1,499 | 14,152 | ||||
| For the year | 1,136 | 782 | 2,980 | 4,898 | ||||
| At 31/05/2025 | 6,815 | 7,756 | 4,479 | 19,050 | ||||
| Net Book Amounts | ||||||||
| At 31/05/2025 | 4,544 | ( | 6,717 | |||||
| At 31/05/2024 | 5,680 | 9,275 | ||||||
| 4. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | - | 1,605 | ||||||
| PAYE control | - | 163 | ||||||
| Prepayments | 4,226 | 9,035 | ||||||
| Deferred taxation | 4,056 | - | ||||||
| 8,282 | 10,803 | |||||||
| Floor It (Stoke) Ltd | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| VAT | 4,156 | 3,467 | ||||||
| PAYE control | 360 | - | ||||||
| Salaries and wages control | - | 1,048 | ||||||
| Directors current account | 63,107 | 63,357 | ||||||
| Bank Loan | 10,000 | 10,000 | ||||||
| Trade creditors | 10,169 | 8,059 | ||||||
| Accruals | 1,500 | 1,500 | ||||||
| 89,292 | 87,431 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Bank loans (unsecured) >1yr | - | 10,000 | ||||||
| - | 10,000 | |||||||
| 8. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | - | 683 | ||||||
| - | 683 | |||||||
| 9. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 10 | 10 | |||||||
| 10 | 10 | |||||||