Meadow Vale Carpets Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04493603

		30 June 2025		31 August 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,640		13,135

			12,640		13,135
CURRENT ASSETS
Stocks	5	22,721		15,000
Debtors	6	47,640		78,121
Cash at bank and in hand		14,028		48,568

		84,389		141,689
Creditors: Amounts Falling Due Within One Year	7	(96,905 )		(102,963 )

NET CURRENT ASSETS (LIABILITIES)			(12,516 )		38,726

TOTAL ASSETS LESS CURRENT LIABILITIES			124		51,861

NET ASSETS			124		51,861

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			24		51,761

SHAREHOLDERS' FUNDS			124		51,861

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Meadow Vale Carpets Limited

Balance Sheet (continued)

As At 30 June 2025

For the period ending 30 June 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Bradley Chilton

Director

14 May 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Meadow Vale Carpets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04493603 . The registered office is Unit 1 Great Northern Way, Netherfield, Nottinghamshire, NG4 2HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

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.

2.5. Taxation

The tax expense represents tax currently payable by the company. Current tax is recognised in the profit and loss account based on the taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expenses that are taxable or deductible in other years and items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is not recognised on timing differences arising from gains or losses in the financial statements that are taxable or deductible in future periods.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 5)

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Meadow Vale Carpets Limited

Notes to the Financial Statements (continued)

For the Period 1 September 2024 to 30 June 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 September 2024	20,189	20,654	11,452	7,506	59,801

As at 30 June 2025	20,189	20,654	11,452	7,506	59,801

Depreciation
As at 1 September 2024	15,867	13,588	10,468	6,743	46,666
Provided during the period	127	295	41	32	495

As at 30 June 2025	15,994	13,883	10,509	6,775	47,161

Net Book Value
As at 30 June 2025	4,195	6,771	943	731	12,640

As at 1 September 2024	4,322	7,066	984	763	13,135

5. Stocks

	30 June 2025	31 August 2024
	£	£
Stock	22,721	15,000

6. Debtors

	30 June 2025	31 August 2024
	£	£
Due within one year
Trade debtors	36,462	71,068
Prepayments and accrued income	6,050	1,282
Other debtors	5,128	5,128
Other taxes and social security	-	643

	47,640	78,121

7. Creditors: Amounts Falling Due Within One Year

	30 June 2025	31 August 2024
	£	£
Trade creditors	53,725	48,918
Corporation tax	4,901	4,909
Other taxes and social security	2,063	-
VAT	27,946	41,003
Other creditors	83	1,852
Accruals and deferred income	8,155	4,750
Directors' loan accounts	32	1,531

	96,905	102,963

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Meadow Vale Carpets Limited

Notes to the Financial Statements (continued)

For the Period 1 September 2024 to 30 June 2025

8. Share Capital

	30 June 2025	31 August 2024
	£	£
Allotted, Called up and fully paid	100	100

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