BrightAccountsProduction v1.0.0 v1.0.0 2024-10-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the retailing of household carpets and flooring products. 26 March 2026 NI055440 2025-09-30 NI055440 2024-09-30 NI055440 2023-09-30 NI055440 2024-10-01 2025-09-30 NI055440 2023-10-01 2024-09-30 NI055440 uk-bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI055440 uk-curr:PoundSterling 2024-10-01 2025-09-30 NI055440 uk-bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI055440 uk-bus:FullAccounts 2024-10-01 2025-09-30 NI055440 uk-bus:Director1 2024-10-01 2025-09-30 NI055440 uk-bus:CompanySecretaryDirector1 2024-10-01 2025-09-30 NI055440 uk-bus:Director3 2024-10-01 2025-09-30 NI055440 uk-bus:CompanySecretary1 2024-10-01 2025-09-30 NI055440 uk-bus:RegisteredOffice 2024-10-01 2025-09-30 NI055440 uk-bus:Agent1 2024-10-01 2025-09-30 NI055440 uk-core:ShareCapital 2025-09-30 NI055440 uk-core:ShareCapital 2024-09-30 NI055440 uk-core:RetainedEarningsAccumulatedLosses 2025-09-30 NI055440 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 NI055440 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-09-30 NI055440 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-09-30 NI055440 uk-bus:FRS102 2024-10-01 2025-09-30 NI055440 uk-core:Goodwill 2024-10-01 2025-09-30 NI055440 uk-core:PlantMachinery 2024-10-01 2025-09-30 NI055440 uk-core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 NI055440 uk-core:MotorVehicles 2024-10-01 2025-09-30 NI055440 uk-core:Goodwill 2024-09-30 NI055440 uk-core:Goodwill 2025-09-30 NI055440 uk-core:CurrentFinancialInstruments 2025-09-30 NI055440 uk-core:CurrentFinancialInstruments 2024-09-30 NI055440 uk-core:WithinOneYear 2025-09-30 NI055440 uk-core:WithinOneYear 2024-09-30 NI055440 uk-core:WithinOneYear 2025-09-30 NI055440 uk-core:WithinOneYear 2024-09-30 NI055440 uk-core:AfterOneYear 2025-09-30 NI055440 uk-core:AfterOneYear 2024-09-30 NI055440 uk-core:BetweenOneTwoYears 2025-09-30 NI055440 uk-core:BetweenOneTwoYears 2024-09-30 NI055440 uk-core:BetweenTwoFiveYears 2025-09-30 NI055440 uk-core:BetweenTwoFiveYears 2024-09-30 NI055440 2024-10-01 2025-09-30 NI055440 uk-bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI055440

Portadown Carpet Centre Limited

Unaudited Financial Statements

for the financial year ended 30 September 2025

Portadown Carpet Centre Limited

DIRECTORS AND OTHER INFORMATION

Directors | Mr James Stinson
| Ms Julie Stinson
| Mrs Jacqueline Stinson
Company Secretary | Ms Julie Stinson
Company Registration Number | NI055440
Registered Office | 9 Drumnacanvy Lodge
| Portadown
| Co. Armagh
| BT63 5XY
| Northern Ireland
Business Address | 5 Shillington Street
| Portadown
| Co. Armagh
| BT62 3PF
| Northern Ireland
Accountants | MG accountants
| (Portadown)
| 25-27 Carleton Street
| Portadown
| Co. Armagh
| BT62 3EP
| United Kingdom
Bankers | Danske Bank
| 45 - 48 High Street
| Portadown
| Co. Armagh
| BT62 1LB
| United Kingdom

Portadown Carpet Centre Limited

Company Registration Number: NI055440

BALANCE SHEET

as at 30 September 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 5 | 16,947 |  | 10,767
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  | 6 | 77,953 |  | 131,970
Debtors |  | 7 | 33,675 |  | 26,427
Cash and cash equivalents |  |  | 197,912 |  | 193,224
|  |  | ───────── |  | ─────────
|  |  | 309,540 |  | 351,621
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 8 | (160,753) |  | (168,326)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 148,787 |  | 183,295
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 165,734 |  | 194,062
Creditors:

amounts falling due after more than one year |  | 9 | (6,967) |  | (16,696)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 158,767 |  | 177,366
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 200 |  | 200
Retained earnings |  |  | 158,567 |  | 177,166
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 158,767 |  | 177,366
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 26 March 2026 and signed on its behalf by

________________________________ |  |  |  |  |
Mr James Stinson |  |  |  |  |
Director |  |  |  |  |
________________________________

Ms Julie Stinson

Director

Portadown Carpet Centre Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 September 2025

1. | General Information
| Portadown Carpet Centre Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 9 Drumnacanvy Lodge, Portadown, Co. Armagh, BT63 5XY, Northern Ireland. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 30 September 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other sales related taxes . The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| Goodwill
| Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 5 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Plant and machinery | - | 20% Reducing Balance
|  | Fixtures, fittings and equipment | - | 15% Reducing Balance
|  | Motor vehicles | - | 20% Reducing Balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Stocks
| Stocks are valued at the lower of cost and net realisable value. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts).
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including directors, during the financial year was 7, (2024 - 7).
|  | 2025 | 2024
|  | Number | Number
| Directors | 3 | 3
| Employee | 4 | 4
|  | ───────── | ─────────
|  | 7 | 7
|  | ═════════ | ═════════

4. | Intangible assets
|  | Goodwill | Total
|  | £ | £
| Cost
| At 1 October 2024 | 200,000 | 200,000
|  | ───────── | ─────────
| At 30 September 2025 | 200,000 | 200,000
|  | ───────── | ─────────
| Amortisation
| At 30 September 2025 | 200,000 | 200,000
|  | ───────── | ─────────
| Net book value
| At 30 September 2025 | - | -
|  | ═════════ | ═════════

5. | Tangible assets
|  | Plant and | Fixtures, | Motor | Total
|  | machinery | fittings and | vehicles |
|  |  | equipment |  |
|  | £ | £ | £ | £
| Cost or Valuation
| At 1 October 2024 | 19,645 | 17,465 | 19,331 | 56,441
| Additions | 5,338 | 3,950 | - | 9,288
|  | ───────── | ───────── | ───────── | ─────────
| At 30 September 2025 | 24,983 | 21,415 | 19,331 | 65,729
|  | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 October 2024 | 18,003 | 13,699 | 13,972 | 45,674
| Charge for the financial year | 879 | 1,157 | 1,072 | 3,108
|  | ───────── | ───────── | ───────── | ─────────
| At 30 September 2025 | 18,882 | 14,856 | 15,044 | 48,782
|  | ───────── | ───────── | ───────── | ─────────
| Net book value
| At 30 September 2025 | 6,101 | 6,559 | 4,287 | 16,947
|  | ═════════ | ═════════ | ═════════ | ═════════
| At 30 September 2024 | 1,642 | 3,766 | 5,359 | 10,767
|  | ═════════ | ═════════ | ═════════ | ═════════

6. | Stocks | 2025 | 2024
|  | £ | £
| Goods for resale | 77,953 | 131,970
|  | ═════════ | ═════════

7. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 27,547 | 19,175
| Taxation (Note 10) | 461 | 1,585
| Prepayments and accrued income | 5,667 | 5,667
|  | ───────── | ─────────
|  | 33,675 | 26,427
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank loan | 10,656 | 10,656
| Trade creditors | 28,021 | 23,093
| Taxation (Note 10) | 39,088 | 57,807
| Directors' current accounts | 40,581 | 39,981
| Other creditors | 28,627 | 23,009
| Accruals | 13,780 | 13,780
|  | ───────── | ─────────
|  | 160,753 | 168,326
|  | ═════════ | ═════════

9. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 6,967 | 16,696
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 8) | 10,656 | 10,656
| Repayable between one and two years | 6,967 | 10,656
| Repayable between two and five years | - | 6,040
|  | ───────── | ─────────
|  | 17,623 | 27,352
|  | ═════════ | ═════════

10. | Taxation | 2025 | 2024
|  | £ | £
| Debtors:
| PAYE / NI | 461 | 1,585
|  | ═════════ | ═════════
| Creditors:
| VAT | 32,601 | 44,128
| Corporation tax | 6,487 | 13,679
|  | ───────── | ─────────
|  | 39,088 | 57,807
|  | ═════════ | ═════════