REGISTERED NUMBER: SC632646 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CANADIAN FLOOR LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms V Martin

REGISTERED OFFICE:

22 Backbrae Street

Kilsyth

G65 0NH

REGISTERED NUMBER:

SC632646 (Scotland)

ACCOUNTANTS:

Curle & Co

Chartered Accountants

22 Backbrae Street

Kilsyth

G65 0NH

BANKERS:

Bank of Scotland plc

600 Gorgie Road

Edinburgh

EH11 3XP

FIXED ASSETS

Tangible assets

4

19,459

23,696

CURRENT ASSETS

Debtors

5

13,258

13,455

Cash at bank and in hand

29,220

8,927

42,478

22,382

CREDITORS

Amounts falling due within one year

6

40,960

48,786

NET CURRENT ASSETS/(LIABILITIES)

1,518

(26,404

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,977

(2,708

)

CREDITORS

Amounts falling due after more than one year

7

(6,797

)

(13,594

)

PROVISIONS FOR LIABILITIES

(3,234

)

-

NET ASSETS/(LIABILITIES)

10,946

(16,302

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10,944

(16,304

)

SHAREHOLDERS' FUNDS

10,946

(16,302

)

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 director acknowledges her 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 director and authorised for issue on 12 January 2026 and were signed by:

Ms V Martin - Director

1.	STATUTORY INFORMATION

Canadian Floor Ltd is a private company, limited by shares , registered in Scotland. 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 and revenue recognition

Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 July 2024

5,394

48,666

54,060

Additions

2,250

-

2,250

At 30 June 2025

7,644

48,666

56,310

DEPRECIATION

At 1 July 2024

3,213

27,151

30,364

Charge for year

1,108

5,379

6,487

At 30 June 2025

4,321

32,530

36,851

NET BOOK VALUE

At 30 June 2025

3,323

16,136

19,459

At 30 June 2024

2,181

21,515

23,696

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

and 30 June 2025

43,484

DEPRECIATION

At 1 July 2024

18,345

Charge for year

5,379

At 30 June 2025

23,724

NET BOOK VALUE

At 30 June 2025

19,760

At 30 June 2024

25,139

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

1,558

13,455

Other debtors

11,700

-

13,258

13,455

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

6,797

6,797

Trade creditors

2,866

2,866

Tax

8,018

-

Social security and other taxes

(10,351

)

(10,341

)

VAT

2,184

1,094

Other creditors

24,012

27,012

Directors' current accounts

4,610

18,113

Accrued expenses

2,824

3,245

40,960

48,786

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

6,797

13,594