Company Registration No. 04708835 (England and Wales)
J & S Flooring Limited
Unaudited accounts
for the year ended 31 March 2025
J & S Flooring Limited
Unaudited accounts
Contents
J & S Flooring Limited
Company Information
for the year ended 31 March 2025
Director
Jonathan George Wells
Company Number
04708835 (England and Wales)
Registered Office
Unit 5 Enderby Road Industrial Estate
Whetstone
Leicester
Leicestershire
LE8 6HZ
England
Accountants
Advanced Tax Solutions Ltd t/a Tax Made Easy
Unit 24, King Street Buildings
Enderby
Leicester
Leicestershire
LE19 4NT
J & S Flooring Limited
Statement of financial position
as at 31 March 2025
Tangible assets
98,291
73,833
Cash at bank and in hand
55,939
53,390
Creditors: amounts falling due within one year
(203,680)
(130,911)
Net current assets
89,623
105,979
Total assets less current liabilities
187,914
179,812
Creditors: amounts falling due after more than one year
(58,474)
(60,659)
Net assets
129,440
119,153
Called up share capital
4
4
Profit and loss account
129,436
119,149
Shareholders' funds
129,440
119,153
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.
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 22 April 2026 and were signed on its behalf by
Jonathan George Wells
Director
Company Registration No. 04708835
J & S Flooring Limited
Notes to the Accounts
for the year ended 31 March 2025
J & S Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 04708835. The registered office is Unit 5 Enderby Road Industrial Estate, Whetstone, Leicester, Leicestershire, LE8 6HZ, England.
2
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.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
J & S Flooring Limited
Notes to the Accounts
for the year ended 31 March 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
17,687
188,417
54,137
260,241
Additions
8,300
66,131
-
74,431
At 31 March 2025
25,987
254,548
54,137
334,672
At 1 April 2024
13,911
129,232
43,265
186,408
Charge for the year
4,281
42,938
2,754
49,973
At 31 March 2025
18,192
172,170
46,019
236,381
At 31 March 2025
7,795
82,378
8,118
98,291
At 31 March 2024
3,776
59,185
10,872
73,833
J & S Flooring Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
218,951
165,557
Accrued income and prepayments
5,913
7,943
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
16,667
16,667
Obligations under finance leases and hire purchase contracts
13,819
9,064
Trade creditors
192,327
78,571
Taxes and social security
8,188
21,550
Other creditors
5,680
1,437
Loans from directors
219
1,264
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
29,750
16,215
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' Loan Account
1,265
-
-
1,265
10
Average number of employees
During the year the average number of employees was 17 (2024: 16).