Accounts



















	FLOORSCREED LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 AUGUST 2025

	FLOORSCREED LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2025


	DIRECTORS

	C.A.M.O'Reilly
	J.T.O'Reilly


	SECRETARY

	C A M O'Reilly

	REGISTERED OFFICE

	25 Park Street West Luton Beds. LU1 3BE.


	COMPANY REGISTERED NUMBER

	04432727


	BANKERS

	Lloyds Bank


	ACCOUNTANTS

	Haartwells
	Chartered Certified Accountants
	25 Park Street West Luton Beds. LU1 3BE.

	page 1

	FLOORSCREED LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 AUGUST 2025




	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-8	Notes to the Financial Statements

	page 2

FLOORSCREED LIMITED
Company registered number: 04432727
STATEMENT OF FINANCIAL POSITION AT 31 August 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Property, plant and equipment	3		49,340	204,621
CURRENT ASSETS
Stock and work in progress		564,450		290,770
Debtors	4	839,608		1,558,352
Cash at bank and in hand		413,935		126,137
		1,817,993		1,975,259
CREDITORS: Amounts falling due within one year	5	478,056		540,241
NET CURRENT ASSETS			1,339,937	1,435,018
TOTAL ASSETS LESS CURRENT LIABILITIES			1,389,277	1,639,639

CREDITORS: Amounts falling due after more than one year	6		-	(7,738)
NET ASSETS			£1,389,277	£1,631,901

CAPITAL AND RESERVES
Called up share capital			1,000	3
Revaluation reserve	7		7,321	7,321
Retained earnings			1,380,956	1,624,577
SHAREHOLDERS' FUNDS			£1,389,277	£1,631,901

	The notes on pages 5-8 form part of these financial statements

	page 3

FLOORSCREED LIMITED
Company registered number: 04432727
STATEMENT OF FINANCIAL POSITION AT 31 August 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption 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 directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 28 May 2026

	Signed on behalf of the board of directors



	J T O'Reilly, Director

	The notes on pages 5-8 form part of these financial statements

	page 4

	FLOORSCREED LIMITED
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 AUGUST 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	Floorscreed Limited is a Private limited company incorporated in England & Wales.

	The company's registered number and registered office address can be found on the Company Information page.

	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 September 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. 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.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying 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.


1e.	Taxation


	Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1f.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%

	The notes on pages 5-8 form part of these financial statements

	page 5

	FLOORSCREED LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 AUGUST 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1h.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1i.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1j.	Leased assets

	Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the Company are capitalised in the balance sheet and are depreciated over the shorter of the lease term and the asset's useful life. A corresponding liability is recognised for the lower of the fair value of the leased asset and the present value of the minimum lease payments in the balance sheet. Lease payments are apportioned between the reduction of the lease liability and finance charges in the income statement so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. Lease incentives are recognised over the lease term on a straight line basis.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024
	Directors	2	2
	Employees	5	5
		7	7

	The notes on pages 5-8 form part of these financial statements

	page 6

	FLOORSCREED LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 AUGUST 2025


3.	PROPERTY, PLANT AND EQUIPMENT
			Plant &	Fixtures &
		Freehold	Machinery	Equipment	Total
		£	£	£	£
	Cost

	At 1 September 2024	147,321	620,310	36,126	803,757
	Additions other than through business combinations	-	11,626	791	12,417

	Disposals	(147,321)	(18,070)	-	(165,391)
	At 31 August 2025	-	613,866	36,917	650,783

	Depreciation

	At 1 September 2024	-	569,503	29,633	599,136
	Disposals	-	(13,168)	-	(13,168)
	For the year	-	14,383	1,092	15,475
	At 31 August 2025	-	570,718	30,725	601,443

	Net Book Amounts

	At 31 August 2025	£-	£43,148	£6,192	£49,340
	At 31 August 2024	£147,321	£50,807	£6,493	£204,621



4.	DEBTORS	2025	2024
		£	£
	Trade debtors	683,105	1,141,088
	Social security and other taxes	79,685	370,228
	Other debtors	76,818	47,036

		£839,608	£1,558,352



5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Bank loans and overdrafts	8,334	10,596
	Trade creditors	325,700	430,039
	Corporation tax	24,821	22,172
	Other taxes and social security	54,111	-
	Other creditors	63,590	76,434
	Accruals and deferred income	1,500	1,000
		£478,056	£540,241

	The notes on pages 5-8 form part of these financial statements

	page 7

	FLOORSCREED LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 AUGUST 2025



6.	CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
		2025	2024
		£	£
	Bank loans and overdrafts	-	7,738
		£-	£7,738



	Analysis of borrowings:

	Due within five years:
	within 1 year
	bank	8,334	10,596
	within 2-5 years
	bank	-	7,738
		£8,334	£18,334


7.	RESERVES

		Revaluation
		reserve
		£
	Revaluation reserve b/fwd	7,321
	Transfer of realised profits	-
	Surplus on revaluation	-
	Transfer from revaluation reserve	-
		7,321

	The notes on pages 5-8 form part of these financial statements

	page 8