07629849falsethat of flooring contractors, all of which is carried out within the United Kingdom2024-06-012025-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/cd:Director12024-06-012025-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-06-012025-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-06-012025-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-06-012025-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/2024-06-012025-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FRS1022024-06-012025-05-31http://www.companieshouse.gov.uk/2025-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-06-012025-05-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-06-012025-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07629849
NEW ENGLAND FLOORING COMPANY LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
NEW ENGLAND FLOORING COMPANY LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
DIRECTORS
CHRISTOPHER BROOKS
REGISTERED OFFICE
14 HIGHLANDS ROAD
FINCHFIELD
WOLVERHAMPTON
WEST MIDLANDS
WV3 8AG
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07629849
BANKERS
BARCLAYS BANK PLC
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
NEW ENGLAND FLOORING COMPANY LIMITED
ACCOUNTS
FOR THEYEARENDED31/05/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
NEW ENGLAND FLOORING COMPANY LIMITED
BALANCE SHEET AT 31/05/2025
20252024
Notes££
FIXED ASSETS
Tangible assets26,9218,737
CURRENT ASSETS
Stock8,1404,440
Debtors423,32925,106
Cash at bank and in hand-9,918
31,46939,464
CREDITORS: Amounts falling due within one year531,43834,540
NET CURRENT ASSETS314,924
TOTAL ASSETS LESS CURRENT LIABILITIES6,95213,661
CREDITORS: Amounts falling due after more than one year65,73310,033
PROVISIONS FOR LIABILITIES AND CHARGES8523781
NET ASSETS6962,847
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account5962,747
SHAREHOLDERS' FUNDS6962,847
For the year ending 31/05/2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/05/2026 and signed on their behalf by
.............................
CHRISTOPHER BROOKS
Director
NEW ENGLAND FLOORING COMPANY LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Plant And Machinerystraight line10%
Commercial Vehiclesstraight line10%
Equipmentstraight line10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
NEW ENGLAND FLOORING COMPANY LIMITED
2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/06/20243,48720,7451,98226,214
Additions212--212
Disposals(400)--(400)
At 31/05/20253,29920,7451,98226,026
Depreciation
At 01/06/20241,74114,1001,63617,477
Disposals(400)--(400)
For the year3301,5001982,028
At 31/05/20251,67115,6001,83419,105
Net Book Amounts
At 31/05/20251,6285,1451486,921
At 31/05/20241,7466,6453468,737
3. STOCK 20252024
££
Stock comprises:
Stock8,1404,440
8,1404,440
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors6,17311,631
Other tax9,4281,191
VAT1,4574,728
Prepayments6,2717,556
23,32925,106
NEW ENGLAND FLOORING COMPANY LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax7,6647,664
PAYE control425425
Directors current account6,1881,296
Bank loans and overdrafts2,955-
Trade creditors6,18117,830
Accruals8,0257,325
31,43834,540
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (unsecured) >1yr5,73310,033
5,73310,033
7. EMPLOYEES
20252024
No.No.
Average number of employees23
Key management personnel is restricted to that of the director.
8. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation523781
523781
NEW ENGLAND FLOORING COMPANY LIMITED
9. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
10. CONTROLLING PARTY
The company is under the control of the director Mr C Brooks who owns fifty per cent of the one hundred shares in issue. The director also has a beneficial interest in the other fifty shares which are owned by his wife.
11. RELATED PARTY TRANSACTIONS
During the year the director Mr C Brooks received dividends of £ 500 (2024 - £ 1,000), whilst his wife Mrs R Brooks received dividends of £ 500 (2024 - £ 1,000).
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
The company is principally involved in both the supply and fitting of floor coverings and carpets. All of its activities are carried out within the United Kingdom.
13. GENERAL INFORMATION
New England Flooring Company Limited is a private company limited by shares and incorporated in England. Its registered office is 14 Highlands Road, Finchfield, Wolverhampton, West Midlands, WV3 8AG.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.