REGISTERED NUMBER: 03783879 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2024 TO 31 DECEMBER 2025

FOR

THE FLOOR SHOP LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Y C Anastasiou

SECRETARY:

Mr Y C Anastasiou

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

03783879 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Intangible assets

4

-

25,000

Tangible assets

5

81,335

125,941

81,335

150,941

CURRENT ASSETS

Stocks

6

199,819

139,444

Debtors

7

400,964

205,694

Cash at bank and in hand

15,647

109,146

616,430

454,284

CREDITORS

Amounts falling due within one year

8

444,596

316,676

NET CURRENT ASSETS

171,834

137,608

TOTAL ASSETS LESS CURRENT LIABILITIES

253,169

288,549

CREDITORS

Amounts falling due after more than one year

9

184,674

267,906

NET ASSETS

68,495

20,643

CAPITAL AND RESERVES

Called up share capital

866

866

Capital redemption reserve

434

434

Retained earnings

67,195

19,343

SHAREHOLDERS' FUNDS

68,495

20,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

Mr Y C Anastasiou - Director

1.	STATUTORY INFORMATION

The Floor Shop Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents net sales of goods and services, excluding value added tax.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 December 2025

500,000

AMORTISATION

At 1 August 2024

475,000

Amortisation for period

25,000

At 31 December 2025

500,000

NET BOOK VALUE

At 31 December 2025

-

At 31 July 2024

25,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 August 2024

and 31 December 2025

750

36,246

42,003

DEPRECIATION

At 1 August 2024

750

34,205

38,495

Charge for period

-

723

1,242

At 31 December 2025

750

34,928

39,737

NET BOOK VALUE

At 31 December 2025

-

1,318

2,266

At 31 July 2024

-

2,041

3,508

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2024

and 31 December 2025

162,480

23,203

264,682

DEPRECIATION

At 1 August 2024

47,380

17,911

138,741

Charge for period

40,765

1,876

44,606

At 31 December 2025

88,145

19,787

183,347

NET BOOK VALUE

At 31 December 2025

74,335

3,416

81,335

At 31 July 2024

115,100

5,292

125,941

6.

STOCKS

2025

2024

£

£

Stocks

199,819

139,444

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

56,971

79,385

Amounts owed by connected companies

42,175

41,689

Other debtors

301,818

84,620

400,964

205,694

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

91,215

38,350

Hire purchase contracts

17,333

17,333

Trade creditors

179,978

109,732

Taxation and social security

99,933

130,349

Other creditors

56,137

20,912

444,596

316,676

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

113,846

172,524

Hire purchase contracts

70,828

95,382

184,674

267,906

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

48,444

-

Bank loans

156,617

210,874

205,061

210,874

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2025 and the year ended 31 July 2024:

2025

2024

£

£

Mr Y C Anastasiou

Balance outstanding at start of period

(2,855

)

(2,855

)

Amounts advanced

120,076

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

117,221

(2,855

)

Mr T Anastasiou

Balance outstanding at start of period

(321

)

(321

)

Amounts advanced

120,547

-

Amounts repaid

(10,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

109,726

(321

)

Interest, at the official rate, amounting to £5,623 (2024: £958) was paid on the overdrawn loan accounts. The loans were repaid within nine months of the year end.

12.	ULTIMATE CONTROLLING PARTY