REGISTERED NUMBER: 04693069 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Floor Design (IW) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Watkins

Mrs D Watkins

S T Watkins

SECRETARY:

Mrs D Watkins

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

04693069 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

BANKERS:

HSBC

61 High Street

Sandown

Isle of Wight

PO36 8AA

FIXED ASSETS

Tangible assets

4

478,469

475,576

Investments

5

13,790

13,790

492,259

489,366

CURRENT ASSETS

Stocks

40,000

40,000

Debtors

6

80,690

64,492

Cash at bank

39,998

39,158

160,688

143,650

CREDITORS

Amounts falling due within one year

7

168,245

122,988

NET CURRENT (LIABILITIES)/ASSETS

(7,557

)

20,662

TOTAL ASSETS LESS CURRENT LIABILITIES

484,702

510,028

CREDITORS

Amounts falling due after more than one year

8

269,670

283,292

NET ASSETS

215,032

226,736

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

214,932

226,636

SHAREHOLDERS' FUNDS

215,032

226,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

D Watkins - Director

1.	STATUTORY INFORMATION

Floor Design (IW) Limited is a private company, limited by shares , 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

451,586

48,709

500,295

Additions

-

5,873

5,873

At 30 June 2025

451,586

54,582

506,168

DEPRECIATION

At 1 July 2024

-

24,719

24,719

Charge for year

-

2,980

2,980

At 30 June 2025

-

27,699

27,699

NET BOOK VALUE

At 30 June 2025

451,586

26,883

478,469

At 30 June 2024

451,586

23,990

475,576

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.6.25

30.6.24

£

£

Land Rover Investment

13,790

13,790

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

80,690

64,492

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

29,927

22,897

Taxation and social security

20,209

14,154

Other creditors

118,109

85,937

168,245

122,988

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Other creditors

269,670

283,292

30.6.25

30.6.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

190,098

190,098