Company Registration No. 11980418 (England and Wales)
Traditional Rugs Ltd
Unaudited accounts
for the year ended 31 May 2026
Traditional Rugs Ltd
Unaudited accounts
Contents
Traditional Rugs Ltd
Company Information
for the year ended 31 May 2026
Director
Hossein Taghizadeh
Company Number
11980418 (England and Wales)
Registered Office
11 Southdown Road
Benham Hill
Thatcham
Berkshire
RG19 3BF
England
Accountants
NOORY AND CO ACCOUNTANTS
22 Conduit Place
London
London
W2 1HS
Traditional Rugs Ltd
Statement of financial position
as at 31 May 2026
Cash at bank and in hand
3,947
301
Creditors: amounts falling due within one year
(8,258)
(7,625)
Net current assets
14,315
10,302
Profit and loss account
14,215
10,202
Shareholders' funds
14,315
10,302
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 October 2026 and were signed on its behalf by
Hossein Taghizadeh
Director
Company Registration No. 11980418
Traditional Rugs Ltd
Notes to the Accounts
for the year ended 31 May 2026
Traditional Rugs Ltd is a private company, limited by shares, registered in England and Wales, registration number 11980418. The registered office is 11 Southdown Road, Benham Hill, Thatcham, Berkshire, RG19 3BF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
3,346
Trade creditors
7,317
3,903
Taxes and social security
941
376
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Average number of employees
During the year the average number of employees was 0 (2025: 0).