The Flooring Company Sheffield Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11143864 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

THE FLOORING COMPANY SHEFFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S E Wilkinson

Miss N Mojtahedi

REGISTERED OFFICE:

Unit 1G

Carlisle House

Carlisle Street East

Sheffield

South Yorkshire

S4 7QN

REGISTERED NUMBER:

11143864 (England and Wales)

ACCOUNTANTS:

Jones Francis Limited

400-402 Richmond Road

Sheffield

South Yorkshire

S13 8LZ

FIXED ASSETS

Tangible assets

4

8,506

11,424

CURRENT ASSETS

Stocks

34,047

46,224

Debtors

5

199,907

119,706

Cash at bank

16,418

19,104

250,372

185,034

CREDITORS

Amounts falling due within one year

6

255,236

254,570

NET CURRENT LIABILITIES

(4,864

)

(69,536

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,642

(58,112

)

CREDITORS

Amounts falling due after more than
one year

7

(1,983

)

(5,383

)

PROVISIONS FOR LIABILITIES

(1,616

)

-

NET ASSETS/(LIABILITIES)

43

(63,495

)

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

42

(63,496

)

SHAREHOLDERS' FUNDS

43

(63,495

)

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

S E Wilkinson - Director

1.	STATUTORY INFORMATION

The Flooring Company Sheffield 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 February 2025

and 31 January 2026

24,452

1,956

26,408

DEPRECIATION

At 1 February 2025

13,810

1,174

14,984

Charge for year

2,660

258

2,918

At 31 January 2026

16,470

1,432

17,902

NET BOOK VALUE

At 31 January 2026

7,982

524

8,506

At 31 January 2025

10,642

782

11,424

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

17,457

DEPRECIATION

At 1 February 2025

8,660

Charge for year

2,199

At 31 January 2026

10,859

NET BOOK VALUE

At 31 January 2026

6,598

At 31 January 2025

8,797

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Trade debtors

78,420

10,785

Other debtors

121,487

108,921

199,907

119,706

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

3,857

4,035

Hire purchase contracts (see note 8)

3,400

Taxation and social security

232,680

221,061

Other creditors

15,299

26,074

255,236

254,570

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.1.26

31.1.25

£

Hire purchase contracts (see note 8)

1,983

5,383

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.1.26

31.1.25

£

Net obligations repayable:

Within one year

3,400

Between one and five years

1,983

5,383

8,783

Non-cancellable

operating leases

31.1.26

31.1.25

£

Within one year

12,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

1

Ordinary

1

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.1.26

31.1.25

£

S E Wilkinson

Balance outstanding at start of year

78,417

87,518

Amounts advanced

12,567

-

Amounts repaid

-

(9,101

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

90,984

78,417

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £34,300 were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S E Wilkinson.