REGISTERED NUMBER: 10248975 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

The Flooring Place Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs S M Hollis

D C Hollis

REGISTERED OFFICE:

16 Sinhurst Road

Camberley

Surrey

GU15 3AW

REGISTERED NUMBER:

10248975 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

-

1,671

CURRENT ASSETS

Stocks

5

6,971

8,025

Debtors

6

22,064

19,020

Cash at bank

20,183

-

49,218

27,045

CREDITORS

Amounts falling due within one year

7

(43,983

)

(40,287

)

NET CURRENT ASSETS/(LIABILITIES)

5,235

(13,242

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,235

(11,571

)

CREDITORS

Amounts falling due after more than one year

8

(22,798

)

(3,325

)

NET LIABILITIES

(17,563

)

(14,896

)

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(17,613

)

(14,946

)

SHAREHOLDERS' FUNDS

(17,563

)

(14,896

)

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 20 October 2026 and were signed on its behalf by:

D C Hollis - Director

1.	STATUTORY INFORMATION

The Flooring Place Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Motor vehicles

-

25% on cost

Computer equipment

-

33.33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress reflects the accrual of the right to consideration by reference to the value of the work performed.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Operating leases

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Going concern

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Hire purchase

Assets obtained under hire purchase contracts are capitalised in the Statement of Financial Position. Those held under hire purchase contracts are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

11,795

582

12,377

DEPRECIATION

At 1 February 2025

10,124

582

10,706

Charge for year

1,671

-

1,671

At 31 January 2026

11,795

582

12,377

NET BOOK VALUE

At 31 January 2026

-

-

-

At 31 January 2025

1,671

-

1,671

5.

STOCKS

2026

2025

£

£

Stocks

5,000

5,000

Work in progress

1,971

3,025

6,971

8,025

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

9,568

5,238

Other debtors

12,209

9,769

Directors' current accounts

32

3,736

Prepayments

255

277

22,064

19,020

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

24,464

20,486

Hire purchase contracts (see note 9)

-

1,702

Trade creditors

4,918

5,049

Tax

11,091

6,455

VAT

1,384

2,303

Accrued expenses

2,126

4,292

43,983

40,287

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

21,041

3,325

Bank loans - 2-5 years

1,757

-

22,798

3,325

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

-

1,702

Non-cancellable

operating leases

2026

2025

£

£

Within one year

5,417

13,000

Between one and five years

-

5,417

5,417

18,417

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

-

1,702

The hire purchase contracts were secured on the assets held under these contracts.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

D C Hollis and Mrs S M Hollis

Balance outstanding at start of year

3,736

327

Amounts advanced

720

4,033

Amounts repaid

(4,424

)

(624

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32

3,736

Loans are unsecured, interest free and repayable on demand.