Albany Flooring Services Limited

Albany Flooring Services Limited
Contents Page
For the year ended 31 March 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Albany Flooring Services Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	4	2,103	2,784
		2,103	2,784
Current assets
Stocks		500	500
Debtors		42,974	42,836
Cash at bank and in hand		(2,639)	(5,828)
		40,835	37,508
Creditors: amount falling due within one year		(42,720)	(36,964)
Net current assets		(1,885)	544

Total assets less current liabilities		218	3,328
Creditors: amount falling due after more than one year		0	(668)
Net assets		218	2,660

Capital and reserves
Called up share capital		100	100
Profit and loss account		118	2,560
Shareholders' funds		218	2,660

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 May 2026 and were signed on its behalf by:

-------------------------------
Gary Tierney
Director

1

Albany Flooring Services Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Albany Flooring Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04708832, registration address Bramble Cottage, Rotten Marsh, Acle, Norwich, Norfolk, NR13 3DP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

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

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	15% Reducing Balance
Motor Vehicles	25% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	30,000	30,000
Additions	-	-
Disposals	-	-
At 31 March 2026	30,000	30,000
Amortisation
At 01 April 2025	30,000	30,000
Charge for year	-	-
On disposals	-	-
At 31 March 2026	30,000	30,000
Net book values
At 31 March 2026	-	-
At 31 March 2025	-	-

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 April 2025	990	13,042	14,032
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	990	13,042	14,032
Depreciation
At 01 April 2025	843	10,404	11,247
Charge for year	22	660	682
On disposals	-	-	-
At 31 March 2026	865	11,064	11,929
Net book values
Closing balance as at 31 March 2026	125	1,978	2,103
Opening balance as at 01 April 2025	147	2,637	2,784

2

Registered Number: 04708832
England and Wales
ALBANY FLOORING SERVICES LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026