REGISTERED NUMBER: 02754752 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FERN CARPETS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

F Fern

A Fern

REGISTERED OFFICE:

Ashby Road

Coalville

Leicestershire

LE67 3LF

REGISTERED NUMBER:

02754752 (England and Wales)

ACCOUNTANTS:

Windsors Rybridge Ltd

No 9, Castle Court 2

Castlegate Way

Dudley

West Midlands

DY1 4RH

FIXED ASSETS

Tangible assets

4

16,100

20,153

CURRENT ASSETS

Stocks

60,000

75,000

Debtors

5

8,250

5,000

Cash at bank and in hand

51,564

66,078

119,814

146,078

CREDITORS

Amounts falling due within one year

6

117,548

149,756

NET CURRENT ASSETS/(LIABILITIES)

2,266

(3,678

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,366

16,475

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,266

16,375

SHAREHOLDERS' FUNDS

18,366

16,475

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

F Fern - Director

1.	STATUTORY INFORMATION

Fern Carpets 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

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

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

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

29,584

52,148

81,732

DEPRECIATION

At 1 April 2025

29,142

32,437

61,579

Charge for year

110

3,943

4,053

At 31 March 2026

29,252

36,380

65,632

NET BOOK VALUE

At 31 March 2026

332

15,768

16,100

At 31 March 2025

442

19,711

20,153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Other debtors

8,250

5,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

68,196

89,127

Taxation and social security

36,785

26,789

Other creditors

12,567

33,840

117,548

149,756