Central Discount Carpets Limited

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

Registered number: 04919263

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		304		455

			304		455
CURRENT ASSETS
Stocks	6	10,769		11,744
Debtors	7	8,119		11,310
Cash at bank and in hand		4,886		10,441

		23,774		33,495
Creditors: Amounts Falling Due Within One Year	8	(16,163 )		(29,320 )

NET CURRENT ASSETS (LIABILITIES)			7,611		4,175

TOTAL ASSETS LESS CURRENT LIABILITIES			7,915		4,630

Creditors: Amounts Falling Due After More Than One Year	9		(5,650 )		(591 )

NET ASSETS			2,265		4,039

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			2,165		3,939

SHAREHOLDERS' FUNDS			2,265		4,039

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Central Discount Carpets Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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

C Old

Director

3 July 2026

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

1. General Information

Central Discount Carpets Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04919263 . The registered office is Westbury Court, Church Road, Westbury-on-Trym, Bristol, BS9 3EF.

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:

Fixtures & Fittings

20% straight line method

2.4. 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.

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Central Discount Carpets Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

2.5. 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.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense 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 end of the reporting period.

Current tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 June 2025	60,000

As at 31 May 2026	60,000

Amortisation
As at 1 June 2025	60,000

As at 31 May 2026	60,000

Net Book Value
As at 31 May 2026	-

As at 1 June 2025	-

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Central Discount Carpets Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 June 2025	44,237	2,151	46,388

As at 31 May 2026	44,237	2,151	46,388

Depreciation
As at 1 June 2025	44,237	1,696	45,933
Provided during the period	-	151	151

As at 31 May 2026	44,237	1,847	46,084

Net Book Value
As at 31 May 2026	-	304	304

As at 1 June 2025	-	455	455

6. Stocks

	2026	2025
	£	£
Materials	10,769	11,744

7. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	8,119	11,310

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	3,847
Trade creditors	2,792	-
Other creditors	368	2,250
Taxation and social security	13,003	23,223

	16,163	29,320

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Central Discount Carpets Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

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

	2026	2025
	£	£
Other creditors	5,650	591

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	3,847

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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