Company Registration No. 05587889 (England and Wales)
Paul Dobson's Carpets Limited
Unaudited accounts
for the year ended 31 October 2025
Paul Dobson's Carpets Limited
Unaudited accounts
Contents
Paul Dobson's Carpets Limited
Company Information
for the year ended 31 October 2025
Directors
Mrs L M D Dobson
Mr P Dobson
Secretary
Mrs L M D Dobson
Company Number
05587889 (England and Wales)
Registered Office
40 Collum End Rise
Leckhampton
Cheltenham
GLOUCESTERSHIRE
GL53 0PB
United Kingdom
Accountants
Louise Newman and co Ltd
2 Bath Mews
Bath Parade
Cheltenham
Gloucestershire
GL53 7HL
Paul Dobson's Carpets Limited
Statement of financial position
as at 31 October 2025
Tangible assets
47,397
53,235
Cash at bank and in hand
161,137
191,833
Creditors: amounts falling due within one year
(26,558)
(39,501)
Net current assets
154,358
183,002
Total assets less current liabilities
201,755
236,237
Provisions for liabilities
Deferred tax
(9,006)
(4,760)
Net assets
192,749
231,477
Called up share capital
2
2
Profit and loss account
192,747
231,475
Shareholders' funds
192,749
231,477
For the year ending 31 October 2025 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 13 July 2026 and were signed on its behalf by
Mr P Dobson
Director
Company Registration No. 05587889
Paul Dobson's Carpets Limited
Notes to the Accounts
for the year ended 31 October 2025
Paul Dobson's Carpets Limited is a private company, limited by shares, registered in England and Wales, registration number 05587889. The registered office is 40 Collum End Rise, Leckhampton, Cheltenham, GLOUCESTERSHIRE, GL53 0PB, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
Paul Dobson's Carpets Limited
Notes to the Accounts
for the year ended 31 October 2025
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
23,582
59,169
15,029
97,780
At 31 October 2025
23,582
69,164
15,029
107,775
At 1 November 2024
18,448
14,792
11,305
44,545
Charge for the year
1,283
13,593
957
15,833
At 31 October 2025
19,731
28,385
12,262
60,378
At 31 October 2025
3,851
40,779
2,767
47,397
At 31 October 2024
5,134
44,377
3,724
53,235
Paul Dobson's Carpets Limited
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Accrued income and prepayments
934
934
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
12,593
13,516
Taxes and social security
727
2,842
Loans from directors
8,931
15,048
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).