Company registration number: NI605464
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Rugs Supermarket.com Ltd
Pages for filing with the Registrar
Company registration number: NI605464
Rugs Supermarket.com Ltd
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 1,622,573 1,663,423
1,622,573 1,663,423
Current assets
Stocks 315,434 371,983
Debtors 5 430,791 129,872
Cash at bank and in hand 2,429,038 2,390,572
3,175,263 2,892,427
Creditors: amounts falling due within one year
6 (229,417) (215,599)
Net current assets 2,945,846 2,676,828
Total assets less current liabilities 4,568,419 4,340,251
Creditors: Amounts falling due after more than one year
7 (100,000) (142,272)
Provisions for liabilities (8,386) (12,812)
NET ASSETS 4,460,033 4,185,167
Capital and reserves
Called up share capital 140 140
Profit and loss account 4,459,893 4,185,027
TOTAL EQUITY 4,460,033 4,185,167
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI605464
Rugs Supermarket.com Ltd
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 August 2026 and signed on its behalf by:
Mr M McParland, Director
27 August 2026
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Rugs Supermarket.com Ltd
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Rugs Supermarket.com Ltd is a private company registered in Northern Ireland. Its registered number is NI605464. The company is limited by shares. Its registered office is 196 Coolmillish Road, Tassagh, Armagh, County Armagh, BT60 2QY.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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.
Land and buildings:
Land and Buildings - 2% straight line
Plant and machinery etc.:
Plant and Machinery - 15% reducing balance
Computer Equipment - 20% reducing balance
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Rugs Supermarket.com Ltd
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 7 (2024 - 8).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 December 2024 1,876,872 61,460 1,938,332
At 30 November 2025 1,876,872 61,460 1,938,332
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Rugs Supermarket.com Ltd
Notes to the financial statements - continued
for the year ended 30 November 2025
4 Tangible fixed assets - continued
Depreciation
At 1 December 2024 235,282 39,627 274,909
Charge for year 37,537 3,313 40,850
At 30 November 2025 272,819 42,940 315,759
Net book value
At 30 November 2025 1,604,053 18,520 1,622,573
At 30 November 2024 1,641,590 21,833 1,663,423
5 Debtors
2025 2024
£ £
Trade debtors 46,274 129,872
Amounts owed by group undertakings 138,030 -
Other debtors 246,487 -
430,791 129,872
6 Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 52,558 113,308
Amounts owed to directors 4,367 13,900
Other creditors 24,000 -
Taxation 119,633 57,969
VAT payable 16,388 14,927
Accruals and deferred income 12,471 15,495
229,417 215,599
7 Creditors: amounts falling due after more than one year
2025 2024
£ £
Amounts owed to directors 100,000 142,272
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