LJP Carpets and Flooring Limited

LJP Carpets and Flooring Limited
Directors' Report
For the year ended 31 January 2026

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 January 2026.

Principal activities

Principal activity of the company during the financial year was of ...

Directors

The directors who served the company throughout the year were as follows:

John Powell

Lee Powell

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
John Powell
Director

Date approved: 27 October 2026

LJP Carpets and Flooring Limited Accountants' Report For the year ended 31 January 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 January 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. IGM FINANCIAL SERVICES LTD 31 January 2026 .................................................... IGM FINANCIAL SERVICES LTD 104 Queen Elizabeth Road KIDDERMINSTER DY10 3BG 27 October 2026 3

LJP Carpets and Flooring Limited
Accountants' Report
For the year ended 31 January 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 January 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
IGM FINANCIAL SERVICES LTD
31 January 2026

....................................................

IGM FINANCIAL SERVICES LTD
104 Queen Elizabeth Road

KIDDERMINSTER
DY10 3BG
27 October 2026

LJP Carpets and Flooring Limited
Income Statement
For the year ended 31 January 2026

	Notes	2026 £	2025 £
Turnover		213,322	251,200
Cost of sales		(111,082)	(139,065)
Gross profit		102,240	112,135
Administrative expenses		(78,312)	(76,267)
Other operating expenses		(76)	(82)
Operating profit	2	23,852	35,786
Interest payable and similar charges	4	(57)	(40)
Profit/(Loss) on ordinary activities before taxation		23,795	35,746
Tax on profit on ordinary activities	5	(4,617)	(6,909)
Profit/(Loss) for the financial year		19,178	28,837

LJP Carpets and Flooring Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	6	1,860	7,569
		1,860	7,569
Current assets
Debtors	7	2,789	5,424
Cash at bank and in hand		24,804	14,922
		27,593	20,346
Creditors: amount falling due within one year	8	(31,249)	(19,338)
Net current assets		(3,656)	1,008

Total assets less current liabilities		(1,796)	8,577
Creditors: amount falling due after more than one year	9	(12,943)	(19,494)
Net assets		(14,739)	(10,917)

Capital and reserves
Called up share capital		100	100
Profit and loss account	10	(14,839)	(11,017)
Shareholders' funds		(14,739)	(10,917)

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The financial statements were approved by the board of directors on 27 October 2026 and were signed on its behalf by:

-------------------------------
John Powell
Director

LJP Carpets and Flooring Limited
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

LJP Carpets and Flooring Limited is a private company, limited by shares, registered in , registration number 11138654, registration address 12, North Street Industrial Estate, Droitwich, West Midlands, WR9 8JB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20% Reducing Balance
Computer Equipment	33% Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Operating profit

	2026 £	2025 £
The operating profit/loss is stated after charging:
Directors emoluments	15,266	26,124
Depreciation of tangible fixed assets	506	619
Operating leases	6,184	0

3.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

Interest payable and similar charges

	2026 £		2025 £
Bank & Other Loan Interest	57		40
	57		40

Tax on profit on ordinary activities

	2026 £		2025 £
UK Corporation Tax	4,617		6,909
	4,617		6,909

Tangible fixed assets

Cost or valuation	Motor Vehicles	Computer Equipment	Total
	£	£	£
At 01 February 2025	10,775	165	10,940
Additions	-	-	-
Disposals	-	-	-
At 31 January 2026	10,775	165	10,940
Depreciation
At 01 February 2025	8,967	-	8,967
Charge for year	-	113	113
On disposals	-	-	-
At 31 January 2026	8,967	113	9,080
Net book values
Closing balance as at 31 January 2026	1,808	52	1,860
Opening balance as at 01 February 2025	7,463	106	7,569

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	596	3,389
Prepayments & Accrued Income	2,035	2,035
PAYE & Social Security	158	0
	2,789	5,424

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	16,995	10,662
Corporation Tax	4,617	6,909
PAYE & Social Security	0	457
Accrued Expenses	750	750
Other Creditors	0	1
Wages & Salaries Control Account	1,098	0
VAT	7,789	559
	31,249	19,338

Creditors: amount falling due after more than one year

	2026 £		2025 £
Directors' Loan Accounts	12,943		19,494
	12,943		19,494

10.

Profit and loss account

	2026 £
Balance at 01 February 2025	(11,017)
Profit for the year	19,178
Equity Dividends Paid	(23,000)
Balance at 31 January 2026	(14,839)

LJP Carpets and Flooring Limited
Detailed Income Statement
For the year ended 31 January 2026

	2026 £		2025 £
Turnover
Sales		213,322		251,200
		213,322		251,200
Cost of sales
Closing Stock	5,820		5,820
Sub-Contract Cost	4,655		2,585
Other Direct Costs	100,607		130,660
		(111,082)		(139,065)
Gross Profit		102,240		112,135
Administrative expenses
Pension Contributions	5,800		6,000
Directors Salaries	15,266		26,124
Directors Employer's PAYE & NI Contributions	1,399		1,635
Accountancy Fees	1,750		1,397
Rates & Water	4,056		1,829
Rent	24,050		23,050
Light, Heat & Power	2,040		2,042
Cleaning of Premises	640		645
Motor Repairs and Servicing	6,013		6,086
General Travel Expenses	272		382
Bank Charges	914		835
Depreciation Charge: Motor Vehicles	506		619
General Insurance	2,524		3,397
Computer Expenses	451		417
Stationery & Postage	111		592
Telephone, Fax & Internet	735		874
Sundry Expenses	5,576		303
Donations	25		40
Operating Lease Charges - Plant & Equipment	6,184		0
		(78,312)		(76,267)
Other operating expenses
Repairs & Maintenance	76		82
		(76)		(82)
Operating profit		23,852		35,786
Interest payable and similar charges
Bank & Other Loan Interest	57		40
		(57)		(40)
Profit/(Loss) on ordinary activities before taxation		23,795		35,746
Tax on profit on ordinary activities
UK Corporation Tax	4,617		6,909
		(4,617)		(6,909)
Profit/(Loss) for the financial year		19,178		28,837