| RIGHT PRICE CARPETS (UK) LTD |
| Registered Number:05922506 |
For the year ended 31 August 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2025
RIGHT PRICE CARPETS (UK) LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
RIGHT PRICE CARPETS (UK) LTD
Statement of Financial Position
2024
2025
| Property, plant and equipment |
32,269
39,966
2
32,269
39,966
20,500
20,500
3
| Trade and other receivables |
59,013
94,967
4
6,479
| Cash and cash equivalents |
28,943
144,410
85,992
| Trade and other payables: amounts falling due within one |
| year |
(74,639)
(73,237)
5
11,353
71,173
Net current assets
| Total assets less current liabilities |
103,442
51,319
| Trade and other payables: amounts falling due after more |
| than one year |
(2,992)
-
6
103,442
Net assets
48,327
100
100
103,342
48,227
103,442
48,327
Shareholders' funds
| For the year ended 31 August 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 of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 27 May 2026 and were signed by: |
| The notes form part of these financial statements |
1 of 3
For the year ended 31 August 2025
RIGHT PRICE CARPETS (UK) LTD
Notes to the Financial Statements
Statutory Information
| RIGHT PRICE CARPETS (UK) LTD is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 05922506. |
20 CUMBERLAND ROAD
LINTHORPE VILLAGE
MIDDLESBROUGH
TS5 6HZ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Motor Vehicles
| 2. Property, plant and equipment |
101,843
67,006
34,837
120
-
120
34,957
67,006
101,963
| Provision for depreciation and impairment |
61,877
35,758
26,119
Charge for year
7,817
6,049
1,768
69,694
41,807
27,887
7,070
25,199
32,269
8,718
31,248
39,966
2 of 3
For the year ended 31 August 2025
RIGHT PRICE CARPETS (UK) LTD
Notes to the Financial Statements Continued
2024
2025
20,500
20,500
| 4. Trade and other receivables |
2024
2025
66,166
51,261
28,801
7,752
59,013
94,967
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
-
7,324
20,955
28,392
| Taxation and social security |
48,482
31,295
809
3,141
| Obligations under HP/Financial leases |
2,991
4,487
73,237
74,639
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
2,992
-
| Obligations under HP/Financial leases |
| 7. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
3 of 3