REGISTERED NUMBER: 06030962 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

KILEYS CARPETS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G Garrett

S Garrett

G W Robinson

REGISTERED OFFICE:

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

REGISTERED NUMBER:

06030962 (England and Wales)

ACCOUNTANTS:

Aequitas Limited

Sussex Barn

New Road

Hellingly

Hailsham

East Sussex

BN27 4EW

FIXED ASSETS

Tangible assets

4

62,535

45,086

CURRENT ASSETS

Stocks

8,110

7,724

Debtors

5

170,545

158,070

Cash at bank

95,098

69,985

273,753

235,779

CREDITORS

Amounts falling due within one year

6

200,374

183,267

NET CURRENT ASSETS

73,379

52,512

TOTAL ASSETS LESS CURRENT LIABILITIES

135,914

97,598

CREDITORS

Amounts falling due after more than one year

7

40,166

32,882

NET ASSETS

95,748

64,716

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

95,745

64,713

SHAREHOLDERS' FUNDS

95,748

64,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

S Garrett - Director

G W Robinson - Director

1.	STATUTORY INFORMATION

Kileys Carpets Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 statement of financial position date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

530

148,901

149,431

Additions

-

38,294

38,294

At 31 March 2026

530

187,195

187,725

DEPRECIATION

At 1 April 2025

502

103,843

104,345

Charge for year

7

20,838

20,845

At 31 March 2026

509

124,681

125,190

NET BOOK VALUE

At 31 March 2026

21

62,514

62,535

At 31 March 2025

28

45,058

45,086

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

165,682

153,059

Other debtors

4,863

5,011

170,545

158,070

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

3,333

20,000

Hire purchase contracts

22,137

13,131

Trade creditors

65,801

63,046

Taxation and social security

107,208

84,562

Other creditors

1,895

2,528

200,374

183,267

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

3,333

Hire purchase contracts

40,166

29,549

40,166

32,882