REGISTERED NUMBER: 06082640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

KING OF FLOORING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G King

Mrs D King

SECRETARY:

Mrs D King

REGISTERED OFFICE:

Unit 10 St Davids Square

Fengate

Peterborough

PE1 5QA

REGISTERED NUMBER:

06082640 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Intangible assets

4

755

924

Tangible assets

5

51,438

51,770

52,193

52,694

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

6

31,060

20,292

Cash at bank

104,161

118,425

137,721

141,217

CREDITORS

Amounts falling due within one year

7

114,916

82,356

NET CURRENT ASSETS

22,805

58,861

TOTAL ASSETS LESS CURRENT LIABILITIES

74,998

111,555

CREDITORS

Amounts falling due after more than one year

8

-

(30,060

)

PROVISIONS FOR LIABILITIES

(3,793

)

(5,184

)

NET ASSETS

71,205

76,311

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

71,105

76,211

71,205

76,311

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by:

G King - Director

1.	STATUTORY INFORMATION

King Of Flooring 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

1,663

AMORTISATION

At 1 April 2025

739

Charge for year

169

At 31 March 2026

908

NET BOOK VALUE

At 31 March 2026

755

At 31 March 2025

924

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

9,478

204,542

5,442

219,462

Additions

-

14,063

-

14,063

At 31 March 2026

9,478

218,605

5,442

233,525

DEPRECIATION

At 1 April 2025

7,675

156,917

3,100

167,692

Charge for year

271

13,666

458

14,395

At 31 March 2026

7,946

170,583

3,558

182,087

NET BOOK VALUE

At 31 March 2026

1,532

48,022

1,884

51,438

At 31 March 2025

1,803

47,625

2,342

51,770

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

20,588

14,699

Other debtors

10,472

5,593

31,060

20,292

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

30,060

8,580

Trade creditors

18,809

18,001

Taxation and social security

38,421

37,431

Other creditors

27,626

18,344

114,916

82,356

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

-

30,060

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

G King and Mrs D King

Balance outstanding at start of year

(16,634

)

(10,943

)

Amounts advanced

123,676

136,278

Amounts repaid

(130,596

)

(141,969

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(23,554

)

(16,634

)