05063277falsethat of carpet retailer2025-04-012026-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12025-04-012026-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director12025-04-012026-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2026-03-31http://www.companieshouse.gov.uk/cd:Director22025-04-012026-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2026-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2026-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-04-012026-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2026-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-04-012026-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-04-012026-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2026-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/2025-04-012026-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FRS1022025-04-012026-03-31http://www.companieshouse.gov.uk/2026-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-04-012026-03-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-04-012026-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 05063277

Cotswold Carpets Limited

ACCOUNTS

FOR THE YEAR ENDED 31/03/2026

Prepared By:

HMK Accountancy Ltd

36 Hill Rise

Woodstock

Oxford

OX20 1AB

Cotswold Carpets Limited

ACCOUNTS

FOR THE YEAR ENDED 31/03/2026

DIRECTORS

R Hoare

H Fisher

SECRETARY

J Hoare

REGISTERED OFFICE

Unit 19

Worcester Road Industrial Estate

Chipping Norton

Oxford

OX7 5XW

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 05063277

ACCOUNTANTS

HMK Accountancy Ltd

36 Hill Rise

Woodstock

Oxford

OX20 1AB

Cotswold Carpets Limited

ACCOUNTS
FOR THEYEARENDED31/03/2026
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Cotswold Carpets Limited

BALANCE SHEET AT 31/03/2026
						2026				2025
		Notes				£				£
FIXED ASSETS
Tangible assets		2				47,158				42,813
Investment Assets		3				7,689				7,689
						54,847				50,502
CURRENT ASSETS
Stock				19,500				19,000
Debtors		5		55,387				67,077
Cash at bank and in hand				438,622				373,870
				513,509				459,947
CREDITORS: Amounts falling due within one year		6		229,376				204,075
NET CURRENT ASSETS						284,133				255,872
TOTAL ASSETS LESS CURRENT LIABILITIES						338,980				306,374
PROVISIONS FOR LIABILITIES AND CHARGES		8				11,789				8,134
NET ASSETS						327,191				298,240
CAPITAL AND RESERVES
Called up share capital		9				100				100
Profit and loss account						327,091				298,140
SHAREHOLDERS' FUNDS						327,191				298,240
For the year ending 31/03/2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/06/2026 and signed on their behalf by
.............................
R Hoare
Director

Cotswold Carpets Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2026

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles		straight line 25%
Fixtures and Fittings		straight line 25%
Equipment		straight line 33%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Investments

Fixed asset investments are shown at cost less amounts written off.

Provisions are made for permanent fluctuations in value.

2. TANGIBLE FIXED ASSETS
		Commercial		Fixtures
		Vehicles		and Fittings		Equipment		Total
		£		£		£		£
Cost
At 01/04/2025		151,699		6,688		2,449		160,836
Additions		22,703		349		-		23,052
At 31/03/2026		174,402		7,037		2,449		183,888
Depreciation
At 01/04/2025		109,918		6,525		1,580		118,023
For the year		17,326		512		869		18,707
At 31/03/2026		127,244		7,037		2,449		136,730
Net Book Amounts
At 31/03/2026		47,158		-		-		47,158
At 31/03/2025		41,781		163		869		42,813

Cotswold Carpets Limited

3. FINANCIAL ASSETS
		Shares in group companies
		and participating interests		Total
		£		£
Cost
At 01/04/2025		7,689		7,689
At 31/03/2026		7,689		7,689
Amortisation
Net Book Amounts
At 31/03/2026		7,689		7,689
At 31/03/2025		7,689		7,689

4. STOCK				2026		2025
				£		£
Stock comprises:
Stock				19,500		19,000
				19,500		19,000

5. DEBTORS				2026		2025
				£		£
Amounts falling due within one year
Trade debtors				52,119		64,063
Prepayments				3,268		3,014
				55,387		67,077

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2026		2025
				£		£
UK corporation tax				50,095		45,263
VAT				45,106		37,531
PAYE control				16,938		13,601
Directors current account				434		382
Trade creditors				112,418		103,100
Pension schemes				2,085		1,973
Accruals				2,300		2,225
				229,376		204,075

7. EMPLOYEES
				2026		2025
				No.		No.
Average number of employees				20		20

Cotswold Carpets Limited

8. PROVISIONS FOR LIABILITIES				2026		2025
				£		£
Deferred taxation				11,789		8,134
				11,789		8,134

9. SHARE CAPITAL				2026		2025
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

10. CONTROLLING PARTY

R Hoare holds 60% of the issued share capital and is considered the ultimate controlling party.