REGISTERED NUMBER: 09426129 (England and Wales)

NOVA FLOORING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr. C A Cunningham

REGISTERED OFFICE:

32 Redcliffe Avenue

Canton

Cardiff

CF5 1BQ

REGISTERED NUMBER:

09426129 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

56,174

71,995

CURRENT ASSETS

Stocks

9,000

9,000

Debtors

5

163,009

109,895

Cash at bank

147,819

94,696

319,828

213,591

CREDITORS

Amounts falling due within one year

6

191,196

143,133

NET CURRENT ASSETS

128,632

70,458

TOTAL ASSETS LESS CURRENT LIABILITIES

184,806

142,453

CREDITORS

Amounts falling due after more than one year

7

44,799

51,434

NET ASSETS

140,007

91,019

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

139,907

90,919

SHAREHOLDERS' FUNDS

140,007

91,019

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 September 2026 and were signed by:

Mr. C A Cunningham - Director

1.	STATUTORY INFORMATION

Nova Flooring 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

and 31 January 2026

702

133,243

4,825

138,770

DEPRECIATION

At 1 February 2025

620

63,665

2,490

66,775

Charge for year

16

15,338

467

15,821

At 31 January 2026

636

79,003

2,957

82,596

NET BOOK VALUE

At 31 January 2026

66

54,240

1,868

56,174

At 31 January 2025

82

69,578

2,335

71,995

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

Motor

vehicles

£

COST

At 1 February 2025

and 31 January 2026

90,855

DEPRECIATION

At 1 February 2025

36,555

Charge for year

12,282

At 31 January 2026

48,837

NET BOOK VALUE

At 31 January 2026

42,018

At 31 January 2025

54,300

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

39,344

63,842

Other debtors

123,665

46,053

163,009

109,895

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

19,609

23,550

Hire purchase contracts

7,310

7,918

Trade creditors

83,264

84,780

Taxation and social security

77,700

24,559

Other creditors

3,313

2,326

191,196

143,133

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

44,799

51,434

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Mr. C A Cunningham

Balance outstanding at start of year

15,469

24,315

Amounts advanced

45,709

44,124

Amounts repaid

(50,520

)

(52,970

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,658

15,469

The advances to directors were repaid in full within nine months of the year end.