Kristoffersen Carpets & Flooring Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC305214

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		315,000		350,000
Tangible Assets	5		251,741		166,226

			566,741		516,226
CURRENT ASSETS
Stocks	6	170,904		145,711
Debtors	7	162,694		167,729
Cash at bank and in hand		756,693		628,593

		1,090,291		942,033
Creditors: Amounts Falling Due Within One Year	8	(1,030,415 )		(912,967 )

NET CURRENT ASSETS (LIABILITIES)			59,876		29,066

TOTAL ASSETS LESS CURRENT LIABILITIES			626,617		545,292

Creditors: Amounts Falling Due After More Than One Year	9		(77,979 )		(70,049 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(59,109 )		-

NET ASSETS			489,529		475,243

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			489,429		475,143

SHAREHOLDERS' FUNDS			489,529		475,243

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Kristoffersen Carpets & Flooring Ltd.

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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 Daniel Stuart

Director

02/06/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Kristoffersen Carpets & Flooring Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC305214 . The registered office is 20-22 Station Road, Newtongrange, Dalkeith, Midlothian, Scotland, EH22 4NB.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Leasehold	Not depreciated
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. 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.

2.7. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

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Kristoffersen Carpets & Flooring Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 17)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2024	350,000

As at 30 September 2025	350,000

Amortisation
As at 1 October 2024	-
Provided during the period	35,000

As at 30 September 2025	35,000

Net Book Value
As at 30 September 2025	315,000

As at 1 October 2024	350,000

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	-	243,818	121,469	-	365,287
Additions	1,467	98,463	54,738	6,331	160,999
Disposals	-	(56,995 )	-	-	(56,995 )

As at 30 September 2025	1,467	285,286	176,207	6,331	469,291

Depreciation
As at 1 October 2024	-	125,207	73,854	-	199,061
Provided during the period	-	37,522	18,480	888	56,890
Disposals	-	(38,401 )	-	-	(38,401 )

As at 30 September 2025	-	124,328	92,334	888	217,550

Net Book Value
As at 30 September 2025	1,467	160,958	83,873	5,443	251,741

As at 1 October 2024	-	118,611	47,615	-	166,226

6. Stocks

	2025	2024
	£	£
Finished goods	80,191	145,711
Work in progress	90,713	-

	170,904	145,711

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Kristoffersen Carpets & Flooring Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	134,543	167,729
Other debtors	19,859	-

	154,402	167,729
Due after more than one year
Other debtors	8,292	-

	162,694	167,729

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	59,466	28,685
Trade creditors	257,656	241,795
Other creditors	525,850	470,913
Taxation and social security	187,443	171,574

	1,030,415	912,967

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	77,979	70,049

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	59,466	28,685
Later than one year and not later than five years	77,979	70,049

	137,445	98,734

	137,445	98,734

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

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Kristoffersen Carpets & Flooring Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

13. Ultimate Controlling Party

The company's ultimate controlling party is DLC Flooring Ltd by virtue of it's ownership of 100% of the issued share capital in the company.

No single shareholder of DLC Flooring Ltd has utlimate control of the company.

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