E & M Carpets & Furniture Limited 4564771 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is that of carpet and furniture retailers Digita Accounts Production Advanced 6.30.9574.0 true 4564771 2024-11-01 2025-10-31 4564771 2025-10-31 4564771 bus:OrdinaryShareClass1 2025-10-31 4564771 core:CapitalRedemptionReserve 2025-10-31 4564771 core:RetainedEarningsAccumulatedLosses 2025-10-31 4564771 core:ShareCapital 2025-10-31 4564771 core:CurrentFinancialInstruments 2025-10-31 4564771 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 4564771 core:Goodwill 2025-10-31 4564771 core:FurnitureFittingsToolsEquipment 2025-10-31 4564771 core:MotorVehicles 2025-10-31 4564771 bus:SmallEntities 2024-11-01 2025-10-31 4564771 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 4564771 bus:FilletedAccounts 2024-11-01 2025-10-31 4564771 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 4564771 bus:RegisteredOffice 2024-11-01 2025-10-31 4564771 bus:Director1 2024-11-01 2025-10-31 4564771 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 4564771 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 4564771 core:Goodwill 2024-11-01 2025-10-31 4564771 core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 4564771 core:MotorVehicles 2024-11-01 2025-10-31 4564771 core:Vehicles 2024-11-01 2025-10-31 4564771 countries:England 2024-11-01 2025-10-31 4564771 2024-10-31 4564771 core:Goodwill 2024-10-31 4564771 core:FurnitureFittingsToolsEquipment 2024-10-31 4564771 core:MotorVehicles 2024-10-31 4564771 2023-11-01 2024-10-31 4564771 2024-10-31 4564771 bus:OrdinaryShareClass1 2024-10-31 4564771 core:CapitalRedemptionReserve 2024-10-31 4564771 core:RetainedEarningsAccumulatedLosses 2024-10-31 4564771 core:ShareCapital 2024-10-31 4564771 core:CurrentFinancialInstruments 2024-10-31 4564771 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 4564771 core:Goodwill 2024-10-31 4564771 core:FurnitureFittingsToolsEquipment 2024-10-31 4564771 core:MotorVehicles 2024-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 4564771

E & M Carpets & Furniture Limited
Filleted Unaudited Financial Statements
for the Year Ended 31 October 2025

E & M Carpets & Furniture Limited

(Registration number: 4564771)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 36,534 | 48,732
Current assets |  |  |
Stocks |  | 135,589 | 132,357
Debtors | 6 | 14,687 | 12,232
Cash at bank and in hand |  | 180,621 | 199,818
|  | 330,897 | 344,407
Creditors: Amounts falling due within one year | 7 | (141,951) | (160,251)
Net current assets |  | 188,946 | 184,156
Total assets less current liabilities |  | 225,480 | 232,888
Provisions for liabilities |  | (9,134) | (12,183)
Net assets |  | 216,346 | 220,705
Capital and reserves |  |  |
Called up share capital | 8 | 28 | 28
Capital redemption reserve |  | 72 | 72
Retained earnings |  | 216,246 | 220,605
Shareholders' funds |  | 216,346 | 220,705

E & M Carpets & Furniture Limited

(Registration number: 4564771)
Balance Sheet as at 31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 April 2026 and signed on its behalf by:

Mr M E Ramm Director |  |

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Station Road
Kirton Lindsey
Gainsborough
Lincolnshire
DN21 4JR
Registration number: 4564771

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fittings and equipment | 15% per annum on written down value
Motor vehicles | 25% per annum on written down value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life.
At the transition to FRS 102 date there was less than 10 years remaining and so goodwill continues to be amortised at the same rate as follows:

Asset class | Amortisation method and rate
Goodwill | over 20 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised at the transaction price, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are recorded at fair value, net of transaction costs.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year was 7 (2024 - 8).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 311,235 | 311,235
At 31 October 2025 | 311,235 | 311,235
Amortisation
At 1 November 2024 | 311,235 | 311,235
At 31 October 2025 | 311,235 | 311,235
Carrying amount
At 31 October 2025 | - | -
At 31 October 2024 | - | -

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 November 2024 | 92,238 | 75,927 | 168,165
At 31 October 2025 | 92,238 | 75,927 | 168,165
Depreciation
At 1 November 2024 | 72,299 | 47,134 | 119,433
Charge for the year | 2,983 | 9,215 | 12,198
At 31 October 2025 | 75,282 | 56,349 | 131,631
Carrying amount
At 31 October 2025 | 16,956 | 19,578 | 36,534
At 31 October 2024 | 19,939 | 28,793 | 48,732

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 9,627 | 8,807
Other debtors | 5,060 | 3,425
| 14,687 | 12,232

7 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 103,794 | 116,671
Social security and other taxes | 29,494 | 32,485
Other creditors | 8,663 | 11,095
| 141,951 | 160,251

E & M Carpets & Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 28 | 28 | 28 | 28