REGISTERED NUMBER: 08272654 (England and Wales)

CARPET & SLUMBER MILL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G A Toomes

K B Gillespie

REGISTERED OFFICE:

637 Bradford Road

Brighouse

West Yorkshire

HD6 4DY

REGISTERED NUMBER:

08272654 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

121,487

104,202

Investments

5

41,374

46,710

162,861

150,912

CURRENT ASSETS

Stocks

62,926

101,934

Debtors

6

115,742

2,668

Cash at bank and in hand

143,175

58,017

321,843

162,619

CREDITORS

Amounts falling due within one year

7

(271,056

)

(194,494

)

NET CURRENT ASSETS/(LIABILITIES)

50,787

(31,875

)

TOTAL ASSETS LESS CURRENT LIABILITIES

213,648

119,037

CREDITORS

Amounts falling due after more than one year

8

(24,961

)

(4,409

)

PROVISIONS FOR LIABILITIES

11

(34,656

)

(30,655

)

NET ASSETS

154,031

83,973

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

12

15,205

27,083

Retained earnings

138,824

56,888

SHAREHOLDERS' FUNDS

154,031

83,973

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:

G A Toomes - Director

K B Gillespie - Director

1.	STATUTORY INFORMATION

Carpet & Slumber Mill 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 (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is represented by the invoiced sales of products and/or services, excluding VAT, which are recognised when the products and/or services are provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade creditors, bank loans, finance leases and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

Investments

Investments are initially recorded at transaction price, and at each year end they are valued at their fair value as represented by market value, through the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

272,894

Additions

37,929

Disposals

(2,500

)

At 31 December 2025

308,323

DEPRECIATION

At 1 January 2025

168,692

Charge for year

20,149

Eliminated on disposal

(2,005

)

At 31 December 2025

186,836

NET BOOK VALUE

At 31 December 2025

121,487

At 31 December 2024

104,202

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

35,745

At 31 December 2025

35,745

DEPRECIATION

Charge for year

343

At 31 December 2025

343

NET BOOK VALUE

At 31 December 2025

35,402

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

46,710

Additions

9,499

Revaluations

(14,835

)

At 31 December 2025

41,374

NET BOOK VALUE

At 31 December 2025

41,374

At 31 December 2024

46,710

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

41,374

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

110,999

249

Other debtors

4,743

2,419

115,742

2,668

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,409

10,397

Hire purchase contracts (see note 9)

7,049

-

Trade creditors

82,190

94,185

Taxation and social security

72,479

39,436

Other creditors

104,929

50,476

271,056

194,494

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

4,409

Hire purchase contracts (see note 9)

24,961

-

24,961

4,409

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

7,049

-

Between one and five years

24,961

-

32,010

-

Non-cancellable

operating leases

2025

2024

£

£

Between one and five years

-

97,375

In more than five years

256,250

281,250

256,250

378,625

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

4,409

14,806

Hire purchase contracts

32,010

-

36,419

14,806

The bank loan is secured by a guarantee from the Directors.

BBLS loans are secured under government backed initiatives.

Hire purchase liabilities are secured over the asset to which the agreement relates.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

34,656

30,655

Deferred

tax

£

Balance at 1 January 2025

30,655

Charge to Income Statement during year

4,001

Balance at 31 December 2025

34,656

12.

RESERVES

Fair

value

reserve

£

At 1 January 2025

27,083

Revaluation in year

(14,836

)

Deferred tax adjustment

2,958

At 31 December 2025

15,205

13.	RELATED PARTY DISCLOSURES

Creditors includes loans due to directors totalling £49,803 (2024: £42,928). The loans are interest free and payable when funds permit.