REGISTERED NUMBER: 10990349 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

J & T Flooring Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

JM Wood

Mrs R J Wood

REGISTERED OFFICE:

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

REGISTERED NUMBER:

10990349 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

FIXED ASSETS

Tangible assets

4

9,545

12,688

CURRENT ASSETS

Debtors

5

64,463

42,046

Cash at bank

1,256

2,970

65,719

45,016

CREDITORS

Amounts falling due within one year

6

56,286

22,907

NET CURRENT ASSETS

9,433

22,109

TOTAL ASSETS LESS CURRENT LIABILITIES

18,978

34,797

CREDITORS

Amounts falling due after more than one year

7

(11,704

)

(24,247

)

PROVISIONS FOR LIABILITIES

8

(1,813

)

(2,411

)

ACCRUALS AND DEFERRED INCOME

(801

)

(619

)

NET ASSETS

4,660

7,520

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,560

7,420

4,660

7,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 4 December 2025 and were signed on its behalf by:

JM Wood - Director

1.	STATUTORY INFORMATION

J & T Flooring 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

-

33% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

4,809

32,629

8,537

45,975

DEPRECIATION

At 1 November 2024

3,697

23,417

6,173

33,287

Charge for year

367

2,303

473

3,143

At 31 October 2025

4,064

25,720

6,646

36,430

NET BOOK VALUE

At 31 October 2025

745

6,909

1,891

9,545

At 31 October 2024

1,112

9,212

2,364

12,688

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,073

3,064

CIS debtor

59,360

30,877

Directors' current accounts

-

7,384

VAT

1,030

721

64,463

42,046

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,810

2,191

Hire purchase contracts

-

3,032

Trade creditors

366

560

Tax

32,693

17,124

Directors' current accounts

19,417

-

56,286

22,907

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

3,810

18,070

Bank loans - 2-5 years

7,894

-

Hire purchase contracts

-

6,177

11,704

24,247

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

1,813

2,411

Deferred

tax

£

Balance at 1 November 2024

2,411

Provided during year

(598

)

Balance at 31 October 2025

1,813

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

JM Wood and Mrs R J Wood

Balance outstanding at start of year

7,384

25,393

Amounts advanced

90,979

86,116

Amounts repaid

(117,780

)

(104,125

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(19,417

)

7,384