Company registration number: 06893543
Annual report and unaudited financial statements
for the year ended 30 April 2026
for
Hereford Carpets Ltd
Pages for filing with the Registrar
Company registration number: 06893543
Hereford Carpets Ltd
Balance sheet
as at 30 April 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 50,000 50,000
Tangible assets 5 15,118 19,748
65,118 69,748
Current assets
Stocks 17,000 17,500
Debtors 17,951 15,546
Cash at bank and in hand 240,618 221,003
275,569 254,049
Creditors: amounts falling due within one year
(152,550) (155,834)
Net current assets 123,019 98,215
Total assets less current liabilities 188,137 167,963
NET ASSETS 188,137 167,963
Capital and reserves
Called up share capital 100 100
Profit and loss account 188,037 167,863
TOTAL EQUITY 188,137 167,963
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 April 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.
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Company registration number: 06893543
Hereford Carpets Ltd
Balance sheet - continued
as at 30 April 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 M Gywnne, Director
5 October 2026
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Hereford Carpets Ltd
Notes to the financial statements
for the year ended 30 April 2026
1 Company information
Hereford Carpets Ltd is a private company registered in England and Wales. Its registered number is 06893543. The company is limited by shares. Its registered office is Hereford Carpets Ltd, 23a Commercial Road, Hereford, Herefordshire, HR1 2BD.
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 - 0% - Goodwill consists of the amount having been paid in connection with the acquisition of the business in 2009. No amortisation is considered necessary by the Director. This departs from companies legislation requirements for the overriding purpose of giving a true and fair view.




3
Hereford Carpets Ltd
Notes to the financial statements - continued
for the year ended 30 April 2026
2 Accounting policies - continued
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.
Fixtures, Computer Equipment & Motor Vehicles:
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 15% 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 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.
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.
3 Average number of employees
During the year the average number of employees was 5 (2025 - 5).
4 Intangible assets
Goodwill
£
Cost
At 1 May 2025 50,000
At 30 April 2026 50,000
4
Hereford Carpets Ltd
Notes to the financial statements - continued
for the year ended 30 April 2026
4 Intangible assets - continued
Amortisation
At 30 April 2026 -
Net book value
At 30 April 2026 50,000
At 30 April 2025 50,000
5 Tangible fixed assets
Fixtures, Computer Equipment & Motor Vehicles



£
Cost
At 1 May 2025 74,646
At 30 April 2026 74,646
Depreciation
At 1 May 2025 54,898
Charge for year 4,630
At 30 April 2026 59,528
Net book value
At 30 April 2026 15,118
At 30 April 2025 19,748
5
Hereford Carpets Ltd
Notes to the financial statements - continued
for the year ended 30 April 2026
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025.
2026 2025
£ £
Balance outstanding at start of year (222) 1,102
Amounts advanced 58,432 63,032
Amounts repaid (59,060) (64,356)
Balance outstanding at end of year (850) (222)
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