REGISTERED NUMBER: 13703503 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Floor Sheen Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Young

D T Young

A G Young

SECRETARY:

S J Young

REGISTERED OFFICE:

Airport House Suite 43 - 45

Purley Way

Croydon

Surrey

CR0 0XZ

REGISTERED NUMBER:

13703503 (England and Wales)

ACCOUNTANTS:

RAA Ledger Sparks Ltd

Airport House

Suite 43-45

Purley Way

Croydon

CR0 0XZ

Fixed assets

Tangible assets

4

8,931

11,909

Current assets

Debtors

5

2,364

815

Cash at bank

3,481

2,179

5,845

2,994

Creditors

Amounts falling due within one year

6

(22,937

)

(26,655

)

Net current liabilities

(17,092

)

(23,661

)

Total assets less current liabilities

(8,161

)

(11,752

)

Provisions for liabilities

7

(1,697

)

(2,263

)

Net liabilities

(9,858

)

(14,015

)

Capital and reserves

Called up share capital

100

100

Retained earnings

8

(9,958

)

(14,115

)

(9,858

)

(14,015

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 28 July 2026 and were signed on its behalf by:

S J Young - Director

1.	STATUTORY INFORMATION

Floor Sheen 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the company was that of carpet cleaning.

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

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net o depreciation and any impairment losses.

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

Plant & Machinery

25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

FINANCIAL INSTRUMENTS

The company only enters into basic financial instrument that results in recognition of financial asset and liabilities such as trade and other debtors and creditors, loan from banks and other third parties, loan to related parties and investment in non- puttable ordinary shares.

TAXATION

The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DEFERRED TAX

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

LEASES

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

GOING CONCERN

At the balance sheet date, liabilities exceed assets by £9,858 (2024 - £14,015). However the financial statements have been prepared on a going concern basis as the company has the continuing support from its directors and shareholder.The directors are therefore satisfied that the financial statements have been correctly prepared on the going concern basis.

PROVISION FOR LIABILITIES

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of income and retained earning in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the Balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

16,979

DEPRECIATION

At 1 November 2024

5,070

Charge for year

2,978

At 31 October 2025

8,048

NET BOOK VALUE

At 31 October 2025

8,931

At 31 October 2024

11,909

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

967

-

Other debtors

1,397

815

2,364

815

The directors consider the carrying value of trade and other receivables approximate to their fair value.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

-

632

Taxation and social security

-

231

Other creditors

22,937

25,792

22,937

26,655

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,697

2,263

Deferred

tax

£

Balance at 1 November 2024

2,263

Provided during year

(566

)

Balance at 31 October 2025

1,697

8.

RESERVES

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

A G Young

Balance outstanding at start of year

(16,093

)

(17,143

)

Amounts advanced

4,250

1,050

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(11,843

)

(16,093

)

S J Young

Balance outstanding at start of year

(7,092

)

(6,192

)

Amounts advanced

694

300

Amounts repaid

(1,200

)

(1,200

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(7,598

)

(7,092

)

D T Young

Balance outstanding at start of year

806

781

Amounts advanced

-

25

Amounts repaid

(25

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

781

806

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date included in other debtors were amount of £781 (2024 - £806) due from the director D T Young. This loan is interest free and repaid at post year end.

As at the balance sheet date included in other creditors were amounts of £7,598 (2024 - £7,092) due to the director S J Young. This loan is interest free and repayable on demand.

As at the balance sheet date included in other creditors were amounts of £11,843 (2024 - £16,093) due to the director A G Young. This loan is interest free and repayable on demand.

As at the balance sheet date, included in debtors is an amount due from Oven Sheen Ltd of £967 (2024 - £632 included in creditors) an associate company having common director and shareholders.