Company Registration No. 08229577 (England and Wales)
Oundle Carpets and Flooring Ltd
Unaudited accounts
for the year ended 31 March 2025
Oundle Carpets and Flooring Ltd
Unaudited accounts
Contents
Oundle Carpets and Flooring Ltd
Company Information
for the year ended 31 March 2025
Company Number
08229577 (England and Wales)
Registered Office
UNIT 4 EASTWOOD ROAD
OUNDLE
PETERBOROUGH
PE8 4DF
Accountants
Richard A. Walker
24 Icknield Drive
West Hunsbury
Northampton
Northamptonshire
NN4 9YS
Oundle Carpets and Flooring Ltd
Accountants' report
Accountants' report to the director of Oundle Carpets and Flooring Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Richard A. Walker
24 Icknield Drive
West Hunsbury
Northampton
Northamptonshire
NN4 9YS
12 August 2025
Oundle Carpets and Flooring Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
19,298
18,550
Cash at bank and in hand
20,171
6,759
Creditors: amounts falling due within one year
(79,211)
(64,513)
Net current assets
81,630
73,077
Called up share capital
1
1
Profit and loss account
100,927
91,626
Shareholders' funds
100,928
91,627
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 members have 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 August 2025 and were signed on its behalf by
Peter Peel
Director
Company Registration No. 08229577
Oundle Carpets and Flooring Ltd
Notes to the Accounts
for the year ended 31 March 2025
Oundle Carpets and Flooring Ltd is a private company, limited by shares, registered in England and Wales, registration number 08229577. The registered office is UNIT 4 EASTWOOD ROAD, OUNDLE, PETERBOROUGH, PE8 4DF.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Tangible fixed assets
Total
Oundle Carpets and Flooring Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Transactions with related parties
There is an outstanding amount owed to Oundle Carpets and Flooring Limited of £73,650 from an associated company called Peter Peel Limited. Mr. Peter Peel is the sole director and shareholder of both Oundle Carpets and Flooring Limited and Peter Peel Limited.
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Average number of employees
During the year the average number of employees was 5 (2024: 5).