Company Registration No. 09485195 (England and Wales)
Long Lane Carpets and Flooring Limited
Unaudited accounts
for the year ended 31 March 2026
Long Lane Carpets and Flooring Limited
Unaudited accounts
Contents
Long Lane Carpets and Flooring Limited
Company Information
for the year ended 31 March 2026
Directors
Adam James Connor
Victoria Charlotte Connor
Company Number
09485195 (England and Wales)
Registered Office
Acorn Barn
Long Lane
Newport
Isle of Wight
PO30 2NW
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Long Lane Carpets and Flooring Limited
Statement of financial position
as at 31 March 2026
Tangible assets
85,533
135,233
Cash at bank and in hand
223,074
203,598
Creditors: amounts falling due within one year
(351,264)
(381,155)
Net current liabilities
(23,510)
(49,756)
Total assets less current liabilities
62,023
85,477
Creditors: amounts falling due after more than one year
(44,533)
(58,025)
Provisions for liabilities
Deferred tax
(16,251)
(25,694)
Called up share capital
100
100
Profit and loss account
1,139
1,658
Shareholders' funds
1,239
1,758
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2026 and were signed on its behalf by
Adam James Connor
Director
Company Registration No. 09485195
Long Lane Carpets and Flooring Limited
Notes to the Accounts
for the year ended 31 March 2026
Long Lane Carpets and Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 09485195. The registered office is Acorn Barn, Long Lane, Newport, Isle of Wight, PO30 2NW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20-25% Straight Line
Computer equipment
33% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Long Lane Carpets and Flooring Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
431,249
-
431,249
Additions
2,395
1,024
3,419
At 31 March 2026
433,644
1,024
434,668
At 1 April 2025
296,016
-
296,016
Charge for the year
52,920
199
53,119
At 31 March 2026
348,936
199
349,135
At 31 March 2026
84,708
825
85,533
At 31 March 2025
135,233
-
135,233
Amounts falling due within one year
Trade debtors
8,916
21,706
Amounts due from group undertakings etc.
24,770
24,770
Long Lane Carpets and Flooring Limited
Notes to the Accounts
for the year ended 31 March 2026
7
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
13,492
17,269
Trade creditors
49,321
75,967
Taxes and social security
28,842
15,150
Other creditors
6,367
7,056
Loans from directors
13,216
(3,788)
Deferred income
209,986
249,568
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
44,533
58,025
9
Transactions with related parties
There is a balance carried forward of £24,770 which was loaned to Loaph Limited — a company under the control of the same shareholder.
The loan is unsecured, interest-free, and repayable on demand.
10
Average number of employees
During the year the average number of employees was 9 (2025: 10).