ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

Registered number: 09790502

FLOORING STORAGE UK LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FLOORING STORAGE UK LIMITED

REGISTERED NUMBER: 09790502

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
		£		£

Fixed assets
Tangible assets	4		10,910		17,537
Current assets
Stocks		89,076		84,504
Debtors: amounts falling due within one year	5	142,008		72,522
Cash at bank and in hand		-		(15,172)
		231,084		141,854
Creditors: amounts falling due within one year	6	(411,368)		(359,429)
Net current liabilities			(180,284)		(217,575)
Total assets less current liabilities			(169,374)		(200,038)
Creditors: amounts falling due after more than one year	7		-		(8,773)

Net liabilities			(169,374)		(208,811)

Capital and reserves
Called up share capital	9	3	3
Profit and loss account		(169,377)	(208,814)
		(169,374)	(208,811)

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FLOORING STORAGE UK LIMITED

REGISTERED NUMBER: 09790502

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P A Abbott

Director

Date: 23 September 2026

The notes on pages 3 to 7 form part of these financial statements.

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FLOORING STORAGE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

Flooring Storage UK Limited ("the company") is a private company limited by shares, incorporated in England and Wales. The address of its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, E11 1GA. The company's registration number is 09790502.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis.

2.3

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the company has transferred the significant risks and rewards of ownership to the buyer;

∙the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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FLOORING STORAGE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following annual bases:

Plant and machinery	-	20%	straight line
Motor vehicles	-	25%	straight line
Fixtures and fittings	-	20%	straight line
Office equipment	-	20%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of income and retained earnings.

2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short term creditors are measured at the transaction price.

2.9

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight-line basis over the lease term.

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FLOORING STORAGE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.10

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

2.11

Borrowing costs

All borrowing costs are recognised in the Statement of income and retained earnings in the year in which they are incurred.

Employees

The average monthly number of employees, including directors, during the year was 6 (2024 - 3).

4.	Tangible fixed assets

	Plant and machinery	Fixtures and fittings	Office equipment	Total
	£	£	£	£
Cost
At 1 October 2024	20,775	23,677	2,613	47,065
At 30 September 2025	20,775	23,677	2,613	47,065
Depreciation
At 1 October 2024	14,476	13,759	1,293	29,528
Charge for the year on owned assets	3,245	3,043	339	6,627
At 30 September 2025	17,721	16,802	1,632	36,155
Net book value
At 30 September 2025	3,054	6,875	981	10,910
At 30 September 2024	6,299	9,918	1,320	17,537

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FLOORING STORAGE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	90,322	61,336
Other debtors	37,095	5,136
Prepayments and accrued income	14,591	6,050
	142,008	72,522

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank overdrafts	38,436	27,868
Bank loans	8,773	10,289
Trade creditors	150,428	108,703
Other taxation and social security	18,516	8,709
Other creditors	191,794	200,110
Accruals and deferred income	3,421	3,750
	411,368	359,429

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	-	8,773

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FLOORING STORAGE UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Amounts falling due within one year
Bank loans	8,773	10,289
Amounts falling due 1-2 years
Bank loans	-	8,773


	8,773	19,062

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary "A" share of £1	1	1
1 (2024 - 1) Ordinary "B" share of £1	1	1
1 (2024 - 1) Ordinary "C" share of £1	1	1

	3	3

10.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,326 (2024 - £2,426) . Contributions totalling £653 (2024 - £500) were payable to the fund at the balance sheet date and are included in creditors.

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