REGISTERED NUMBER: 08967156 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2026

for

The Carpet Store (Brandon) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M K Bareham

Mrs N E Bareham

Mr B Lovett

REGISTERED OFFICE:

1 High Street

Brandon

Suffolk

IP27 0AQ

REGISTERED NUMBER:

08967156 (England and Wales)

ACCOUNTANTS:

TWR Accountants

The Old Registrars

57a High Street

Brandon

Suffolk

IP27 0AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

325,861

327,696

325,861

327,696

CURRENT ASSETS

Stocks

11,027

12,460

Debtors

6

269,176

24,350

Cash at bank and in hand

46,277

206,331

326,480

243,141

CREDITORS

Amounts falling due within one year

7

276,248

185,399

NET CURRENT ASSETS

50,232

57,742

TOTAL ASSETS LESS CURRENT LIABILITIES

376,093

385,438

PROVISIONS FOR LIABILITIES

528

811

NET ASSETS

375,565

384,627

CAPITAL AND RESERVES

Called up share capital

200

200

Capital redemption reserve

8

(10,200

)

(10,200

)

Retained earnings

8

385,565

394,627

SHAREHOLDERS' FUNDS

375,565

384,627

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 29th July 2026 and were signed on its behalf by:

Mr M K Bareham - Director

1.	STATUTORY INFORMATION

The Carpet Store (Brandon) Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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.

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 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

48,000

AMORTISATION

At 1st April 2025

and 31st March 2026

48,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

£

£

£

COST

At 1st April 2025

322,732

3,429

5,981

Disposals

-

-

-

At 31st March 2026

322,732

3,429

5,981

DEPRECIATION

At 1st April 2025

-

2,736

4,600

Charge for year

-

342

207

Eliminated on disposal

-

-

-

At 31st March 2026

-

3,078

4,807

NET BOOK VALUE

At 31st March 2026

322,732

351

1,174

At 31st March 2025

322,732

693

1,381

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2025

17,460

718

350,320

Disposals

(7,500

)

-

(7,500

)

At 31st March 2026

9,960

718

342,820

DEPRECIATION

At 1st April 2025

14,641

647

22,624

Charge for year

517

18

1,084

Eliminated on disposal

(6,749

)

-

(6,749

)

At 31st March 2026

8,409

665

16,959

NET BOOK VALUE

At 31st March 2026

1,551

53

325,861

At 31st March 2025

2,819

71

327,696

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

12,322

23,780

Other debtors

256,375

-

Prepayments

479

570

269,176

24,350

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,780

7,536

Tax

16,374

26,663

Social security and other taxes

532

588

VAT

11,029

13,236

Other creditors

1,400

1,412

Directors' loan accounts

235,035

126,894

Accrued expenses

8,098

9,070

276,248

185,399

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1st April 2025

394,627

(10,200

)

384,427

Profit for the year

50,938

50,938

Dividends

(60,000

)

(60,000

)

At 31st March 2026

385,565

(10,200

)

375,365

9.	RELATED PARTY DISCLOSURES

10.	ULTIMATE CONTROLLING PARTY