Company registration number: 14018052
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Foundation Floors Ltd
Pages for filing with the Registrar
Company registration number: 14018052
Foundation Floors Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 32,864 38,342
32,864 38,342
Current assets
Debtors 5 106,891 15,220
Cash at bank and in hand 44,967 66,456
151,858 81,676
Creditors: amounts falling due within one year
6 (146,466) (109,593)
Net current assets/(liabilities) 5,392 (27,917)
Total assets less current liabilities 38,256 10,425
NET ASSETS 38,256 10,425
Capital and reserves
Called up share capital 100 100
Profit and loss account 38,156 10,325
TOTAL EQUITY 38,256 10,425
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 14018052
Foundation Floors Ltd
Balance sheet - continued
as at 31 March 2026
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.
Signed by:
Mr L Conchie, Director
17 September 2026
2
Foundation Floors Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Foundation Floors Ltd is a private company registered in England and Wales. Its registered number is 14018052. The company is limited by shares. Its registered office is 29 Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire, SO53 5QN.
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 director has 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 director takes 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 director considers 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.
Goodwill - 10% straight line
Taxation
Taxation for the year comprises current 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 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.
3
Foundation Floors Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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 2 (2025 - 2).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 43,820
At 31 March 2026 43,820
Amortisation
At 1 April 2025 5,478
Charge for year 5,478
At 31 March 2026 10,956
Net book value
At 31 March 2026 32,864
At 31 March 2025 38,342
5 Debtors
2026 2025
£ £
Trade debtors 25,354 5,284
Taxation 943 449
Other debtors 15,594 9,487
Prepayments and accrued income 65,000 -
106,891 15,220
4
Foundation Floors Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
6 Creditors: amounts falling due within one year
2026 2025
£ £
Trade creditors - (1)
Amounts owed to directors 127,004 94,402
Taxation 19,462 11,182
VAT payable - 4,010
146,466 109,593
7 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025.
2026 2025
£ £
Balance outstanding at start of year (94,402) (68,618)
Amounts advanced 14,968 23,074
Amounts repaid (47,570) (48,858)
Balance outstanding at end of year (127,004) (94,402)
8 Share capital
The issued share capital of the company is as follows: 100 ordinary shares at the nominal value of £1 All shares are fully paid. Each ordinary share carries one vote and is entitled to dividends.



5