Ege Carpets UK Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01708105 (England and Wales)

EGE CARPETS UK LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K T H Pedersen

REGISTERED OFFICE:

Matrix Business Park

12 Eaton Avenue

Buckshaw Village

Chorley

Lancashire

PR7 7NA

REGISTERED NUMBER:

01708105 (England and Wales)

AUDITORS:

Rushtons

Chartered Accountants

Statutory Auditors

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

BANKERS:

Danske Bank

75 King William Street

London

EC4N 7DT

CURRENT ASSETS

Stocks

63,290

37,295

Debtors

5

1,705,101

2,167,083

Cash at bank

412,200

173,649

2,180,591

2,378,027

CREDITORS

Amounts falling due within one year

6

944,863

1,113,846

NET CURRENT ASSETS

1,235,728

1,264,181

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,235,728

1,264,181

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

1,234,728

1,263,181

SHAREHOLDERS' FUNDS

1,235,728

1,264,181

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 1 June 2026 and were signed on its behalf by:

Mr K T H Pedersen - Director

1.	STATUTORY INFORMATION

Ege Carpets UK Ltd 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.

The company designs, develops and produces high quality carpets.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 design, development and production of high quality carpets.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 5 years and Straight line over 3 years

Tangible assets are measured at cost less accumulated depreciated and any accumulated impairment losses.

Individual items of plant, fixtures and fittings with a purchase cost equivalent to 50,000 DKK or less are written off in the year of acquisition in accordance with the group accounting policy. The costs of decorating rented premises are included in the profit and loss account in the year of expenditure.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

In preparing the financial statements of the individual entities, transactions in currencies other than the functional currency of the individual entities (foreign currencies) are recognised at the spot rate at the dates of the transactions, or at an average rate where this rate approximates the actual rate at the date of the transaction. At the end of each reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated.

Hire purchase and leasing commitments

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership of the leased asset to the group. All other leases are classified as operating leases.

Assets held under finance leases are recognised initially at the fair value of the leased asset (or, if lower, the present value of minimum lease payments) at the inception of the lease. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation. Lease payments are apportioned between finance charges and reduction of the lease obligation using the effective interest method so as to achieve a constant rate of interest on the remaining balance of the liability. Finance charges are deducted in measuring profit or loss. Assets held under finance leases are included in tangible fixed assets and depreciated and assessed for impairment losses in the same way as owned assets.

Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2025 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

and 30 April 2026

122,717

DEPRECIATION

At 1 May 2025

and 30 April 2026

122,717

NET BOOK VALUE

At 30 April 2026

-

5.

DEBTORS

2026

2025

£

Amounts falling due within one year:

Trade debtors

1,186,230

1,223,213

Amounts owed by group undertakings

354,867

807,968

Other debtors

92,779

64,677

1,633,876

2,095,858

Amounts falling due after more than one year:

Other debtors

71,225

Aggregate amounts

1,705,101

2,167,083

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

240,867

430,754

Taxation and social security

593,681

591,701

Other creditors

110,315

91,391

944,863

1,113,846

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

226,973

242,097

Between one and five years

225,361

269,231

In more than five years

13,000

-

465,334

511,328

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Adam Calvert FCA (Senior Statutory Auditor)

for and on behalf of Rushtons

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10.	ULTIMATE CONTROLLING PARTY

The directors consider the ultimate controlling party to be Ege Carpets A/S, a company incorporated in Denmark. The company address of Ege Carpets A/S is:

Industrivej Nord 25

Postbox 190

DK-7400 Herning

Denmark

The group accounts are publicly available from the following address: https://datacvr.virk.dk/.