REGISTERED NUMBER: 06803991 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

YORKSHIRE CARPETS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Nicholas Gordon Ely

SECRETARY:

Kathleen Mary Patricia Ely

REGISTERED OFFICE:

39 Fartown Green Road

Fartown

Huddersfield

West Yorkshire

HD2 1AA

REGISTERED NUMBER:

06803991 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

First Floor, Unit 12

Pennine Business Park

Longbow Close, Bradley

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

34,071

18,279

34,071

18,279

CURRENT ASSETS

Stocks

102,500

100,250

Debtors

6

30,550

33,000

Prepayments and accrued income

1,789

2,182

Cash at bank

156,950

221,507

291,789

356,939

CREDITORS

Amounts falling due within one year

7

67,339

76,188

NET CURRENT ASSETS

224,450

280,751

TOTAL ASSETS LESS CURRENT LIABILITIES

258,521

299,030

PROVISIONS FOR LIABILITIES

(5,515

)

(1,375

)

ACCRUALS AND DEFERRED INCOME

(2,985

)

(3,588

)

NET ASSETS

250,021

294,067

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

249,921

293,967

250,021

294,067

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

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

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2026 and were signed by:

Nicholas Gordon Ely - Director

1.	STATUTORY INFORMATION

Yorkshire Carpets 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.

Goodwill

Goodwill has been amortised evenly over its estimated useful life of 5 years.

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

-

25% on reducing balance

Fixtures & fittings

-

15% 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 and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

25,000

AMORTISATION

At 1 February 2025

and 31 January 2026

25,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

Motor

machinery

& fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

2,715

6,967

56,317

65,999

Additions

-

2,694

28,390

31,084

Disposals

-

-

(18,555

)

(18,555

)

At 31 January 2026

2,715

9,661

66,152

78,528

DEPRECIATION

At 1 February 2025

2,371

6,151

39,198

47,720

Charge for year

85

527

10,277

10,889

Eliminated on disposal

-

-

(14,152

)

(14,152

)

At 31 January 2026

2,456

6,678

35,323

44,457

NET BOOK VALUE

At 31 January 2026

259

2,983

30,829

34,071

At 31 January 2025

344

816

17,119

18,279

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

30,550

33,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

44,063

30,086

Taxation and social security

22,556

44,482

Other creditors

720

1,620

67,339

76,188

8.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £1092 (2024: £1,536). Contributions totalling £88 (2024: £125) were payable to the fund at the year end and are included in creditors.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the Directors totalling £109,934 (2025: £131,684). These were interest free and repayable on demand.The company received repayments totalling £116,499 (2025: £131,273).

10.	RELATED PARTY DISCLOSURES

Included in other debtors was the following interest free loan to a directors family member £10,550 ( 2025: £9,000).