IRIS Accounts Production v26.1.10.61 01118744 director 1.6.25 31.5.26 31.5.26 false true false false true false Ordinary Shares 1.00000 Ordinary A Shares 1.00000 Ordinary B shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01118744 2025-05-31 01118744 2026-05-31 01118744 2025-06-01 2026-05-31 01118744 2024-05-31 01118744 2024-06-01 2025-05-31 01118744 2025-05-31 01118744 ns15:EnglandWales 2025-06-01 2026-05-31 01118744 ns14:PoundSterling 2025-06-01 2026-05-31 01118744 ns10:Director1 2025-06-01 2026-05-31 01118744 ns10:PrivateLimitedCompanyLtd 2025-06-01 2026-05-31 01118744 ns10:SmallEntities 2025-06-01 2026-05-31 01118744 ns10:AuditExempt-NoAccountantsReport 2025-06-01 2026-05-31 01118744 ns10:SmallCompaniesRegimeForDirectorsReport 2025-06-01 2026-05-31 01118744 ns10:SmallCompaniesRegimeForAccounts 2025-06-01 2026-05-31 01118744 ns10:FullAccounts 2025-06-01 2026-05-31 01118744 ns10:OrdinaryShareClass1 2025-06-01 2026-05-31 01118744 ns10:OrdinaryShareClass2 2025-06-01 2026-05-31 01118744 ns10:OrdinaryShareClass3 2025-06-01 2026-05-31 01118744 ns10:CompanySecretary1 2025-06-01 2026-05-31 01118744 ns10:RegisteredOffice 2025-06-01 2026-05-31 01118744 ns5:CurrentFinancialInstruments 2026-05-31 01118744 ns5:CurrentFinancialInstruments 2025-05-31 01118744 ns5:ShareCapital 2026-05-31 01118744 ns5:ShareCapital 2025-05-31 01118744 ns5:RetainedEarningsAccumulatedLosses 2026-05-31 01118744 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 01118744 ns5:PlantMachinery 2025-06-01 2026-05-31 01118744 ns5:PlantMachinery 2025-05-31 01118744 ns5:PlantMachinery 2026-05-31 01118744 ns5:PlantMachinery 2025-05-31 01118744 ns5:AdditionsToInvestments ns5:UnlistedNon-exchangeTraded 2026-05-31 01118744 ns5:CostValuation ns5:UnlistedNon-exchangeTraded 2026-05-31 01118744 ns5:UnlistedNon-exchangeTraded 2026-05-31 01118744 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-05-31 01118744 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 01118744 ns10:OrdinaryShareClass1 2026-05-31 01118744 ns10:OrdinaryShareClass2 2026-05-31 01118744 ns10:OrdinaryShareClass3 2026-05-31

REGISTERED NUMBER: 01118744 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2026

FOR

PICA FLOORINGS LIMITED

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| PICA FLOORINGS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MAY 2026

| DIRECTOR: | S W Mears

| SECRETARY: | Mrs G Mears

| REGISTERED OFFICE: | Unit 6

| M11 Business Link

| Stansted

| Essex

| CM24 8GF

| REGISTERED NUMBER: | 01118744 (England and Wales)

| ACCOUNTANTS: | RP Accounting

| Crinoline House

| Common Road

| East Tuddenham

| Dereham

| Norfolk

| NR20 3NF

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

BALANCE SHEET

31ST MAY 2026

| 31.5.26 | 31.5.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 82,611 |  | 110,147 |  |

Investments | 5 | 831,115 |  | - |  |

913,726 |  | 110,147 |  |

CURRENT ASSETS

Inventories | 104,411 |  | 71,446 |  |

Debtors | 6 | 469,894 |  | 1,470,422 |  |

Cash at bank and in hand | 220,350 |  | 229,546 |  |

794,655 |  | 1,771,414 |  |

CREDITORS

Amounts falling due within one year | 7 | 283,859 |  | 480,107 |  |

NET CURRENT ASSETS | 510,796 |  | 1,291,307 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,424,522 |  | 1,401,454 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 1,424,422 |  | 1,401,354 |  |

SHAREHOLDERS' FUNDS | 1,424,522 |  | 1,401,454 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

BALANCE SHEET - continued

31ST MAY 2026

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 director and authorised for issue on 23rd July 2026 and were signed by:

S W Mears - Director

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2026

1. | STATUTORY INFORMATION

| Pica Floorings 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.

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

| Revenue 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

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

| Plant and machinery etc | - | 25% on reducing balance and 20% on reducing balance

| Stocks

| Inventories 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.

| 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 16 (2025 - 17 ) .

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MAY 2026

4. | PROPERTY, PLANT AND EQUIPMENT

| Plant and

| machinery

| etc

£ |

| COST

| At 1st June 2025

| and 31st May 2026 | 401,388 |  |

| DEPRECIATION

| At 1st June 2025 | 291,241 |  |

| Charge for year | 27,536 |  |

| At 31st May 2026 | 318,777 |  |

| NET BOOK VALUE

| At 31st May 2026 | 82,611 |  |

| At 31st May 2025 | 110,147 |  |

5. | FIXED ASSET INVESTMENTS

| Unlisted

| investments

£ |

| COST

| Additions | 831,115 |  |

| At 31st May 2026 | 831,115 |  |

| NET BOOK VALUE

| At 31st May 2026 | 831,115 |  |

| During the year, the company acquired unlisted equity investments in two companies both of whom are related parties.

| The fair value of the investments at the acquisition date was assessed at £831,115, being both the cost of acquisition and fair value in accordance with FRS 102.

| Both companies are related parties, as each are owned by either a director or a shareholder.The consideration for both transactions was at arms length.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.26 |  | 31.5.25

£ | £ |

| Trade debtors | 412,932 |  | 542,554 |  |

| Other debtors | 56,962 |  | 927,868 |  |

469,894 |  | 1,470,422 |  |

| PICA FLOORINGS LIMITED (REGISTERED NUMBER: 01118744) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MAY 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.26 |  | 31.5.25

£ | £ |

| Trade creditors | 107,693 |  | 175,471 |  |

| Taxation and social security | 36,145 |  | 46,045 |  |

| Other creditors | 140,021 |  | 258,591 |  |

283,859 |  | 480,107 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.5.26 |  | 31.5.25

| value: | £ | £ |

| 60 | Ordinary Shares | £1.00 | 60 |  | 60 |  |

| 20 | Ordinary A Shares | £1.00 | 20 |  | 20 |  |

| 20 | Ordinary B shares | £1.00 | 20 |  | 20 |  |

100 |  | 100 |  |

9. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is S W Mears who owns 50% of the ordinary shares in the company and is also Chairman.