Registration number:
Saint Flooring Limited
for the Year Ended 30 January 2026
Saint Flooring Limited
Contents
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Company Information |
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Strategic Report |
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Directors' Report |
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Statement of Directors' Responsibilities |
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Independent Auditor's Report |
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Profit and Loss Account and Statement of Retained Earnings |
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Balance Sheet |
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Statement of Cash Flows |
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Notes to the Financial Statements |
Saint Flooring Limited
Company Information
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Directors |
Mr D Heafey Mr K Jones Mr A Machin Mr D Aley Mr A Aitken Mr S Turner |
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Company secretary |
Ms J Seaton |
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Registered office |
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Auditors |
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Saint Flooring Limited
Strategic Report for the Year Ended 30 January 2026
The directors present their strategic report for the year ended 30 January 2026.
Principal activity
The principal activity of the company is the distribution and installation of flooring.
Fair review of the business
The company delivered a successful year of trading against a backdrop of political and economic uncertainty. Continued cost-of-living pressures affected activity across the housebuilding sector, with clients experiencing slower open market sales and an increased focus on investor-led transactions and build-to-rent (BTR) partnerships.
The company responded by diversifying its client base, expanding into new markets and targeting a broader range of projects. This approach supported continued growth and reduced reliance on private residential sales, strengthening the company’s position within a changing market.
Turnover increased by 23.9% to £27,258,403 (2025: £22,003,549), following growth of 6.9% in the previous year. This performance reflects the continued development of the business and the contribution from new markets and client relationships.
Gross profit increased to £9,232,565 (2025: £7,703,000). Gross profit margin reduced to 33.9% (2025: 35.0%), primarily reflecting expansion into new markets and the resulting change in the mix of work undertaken. The directors consider this reduction alongside the increase in turnover and gross profit to represent a positive step in the company’s longer-term development.
Profit before tax increased to £4,393,258 (2025: £4,313,233), while profit after tax increased to £3,270,943 (2025: £3,233,001). The company therefore achieved growth in both revenue and profitability despite challenging trading conditions.
The company's key financial and other performance indicators during the period were as follows:
|
Financial KPIs |
Unit |
2026 |
2025 |
|
Turnover |
£ |
27,258,403 |
22,003,549 |
|
Gross profit |
£ |
9,232,565 |
7,703,000 |
|
Profit before tax |
£ |
4,393,258 |
4,313,233 |
|
Profit after tax |
£ |
3,270,943 |
3,233,001 |
Principal risks and uncertainties
The company’s performance remains influenced by conditions within the housing and construction markets. Economic uncertainty, inflationary pressures and interest rate levels may affect housing affordability, consumer confidence and the timing of clients’ development programmes.
A prolonged slowdown in open market sales could affect demand and project delivery schedules. Investor-led transactions and BTR partnerships provide additional opportunities, although activity in these markets is also dependent on funding availability and investor confidence.
Expansion into new markets also presents a risk to margins as the mix of work changes. The company’s strategy of broadening its client base and project portfolio is intended to reduce exposure to individual market segments while supporting sustainable growth.
Saint Flooring Limited
Strategic Report for the Year Ended 30 January 2026
Future developments
The directors remain optimistic about the company’s prospects. The business intends to build on its established client relationships, develop further opportunities within investor-led and BTR developments, and continue pursuing a broader range of work.
Based on management’s current expectations, the directors anticipate further growth and record turnover in the year to January 2027.
This outlook remains subject to wider economic conditions and the timing and delivery of client projects.
Approved and authorised for issue by the
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Saint Flooring Limited
Directors' Report for the Year Ended 30 January 2026
The directors present their report and the financial statements for the period from 1 February 2025 to 30 January 2026.
Directors of the company
The directors who held office during the period were as follows:
Information included in the Strategic Report
Details of the principal risks and uncertainties are included in the Strategic Report.
Disclosure of information to the auditors
Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.
Approved and authorised for issue by the
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Saint Flooring Limited
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
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 of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
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• |
select suitable accounting policies and apply them consistently; |
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make judgements and accounting estimates that are reasonable and prudent; |
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state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
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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. They 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.
Saint Flooring Limited
Independent Auditor's Report to the Members of Saint Flooring Limited
Opinion
We have audited the financial statements of Saint Flooring Limited (the 'company') for the year ended 30 January 2026, which comprise the Profit and Loss Account and Statement of Retained Earnings, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• | give a true and fair view of the state of the company's affairs as at 30 January 2026 and of its profit for the period then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
• | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Saint Flooring Limited
Independent Auditor's Report to the Members of Saint Flooring Limited
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the Strategic Report and Directors' Report for the financial period for which the financial statements are prepared is consistent with the financial statements; and |
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• |
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
• | the financial statements are not in agreement with the accounting records and returns; or |
• | certain disclosures of directors' remuneration specified by law are not made; or |
• | we have not received all the information and explanations we require for our audit. |
Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page 5, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Saint Flooring Limited
Independent Auditor's Report to the Members of Saint Flooring Limited
Auditor Responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.
We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.
In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:
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Enquiry of management and those charged with governance around actual and potential litigation and claims as well as actual, suspected and alleged fraud; |
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Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the company through enquiry and inspection; |
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Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; |
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Performing audit work over the risk of management bias and override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for indicators of potential bias. |
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Saint Flooring Limited
Independent Auditor's Report to the Members of Saint Flooring Limited
Use of our report
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
......................................
For and on behalf of
Crewe
Cheshire
CW1 6EA
Saint Flooring Limited
Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 January 2026
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Note |
2026 |
2025 |
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|
Turnover |
|
|
|
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Cost of sales |
( |
( |
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Gross profit |
|
|
|
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Administrative expenses |
( |
( |
|
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Other operating income |
- |
|
|
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Operating profit |
|
|
|
|
Interest payable and similar charges |
( |
( |
|
|
(66,054) |
(42,816) |
||
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Profit before tax |
|
|
|
|
Taxation |
( |
( |
|
|
Profit for the financial period |
|
|
|
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Retained earnings brought forward |
3,691,679 |
3,283,713 |
|
|
Dividends paid |
( |
( |
|
|
Retained earnings carried forward |
4,435,970 |
3,691,679 |
Saint Flooring Limited
(Registration number: 06489320)
Balance Sheet as at 30 January 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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Approved and authorised for issue by the
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Saint Flooring Limited
Statement of Cash Flows for the Year Ended 30 January 2026
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Note |
2026 |
2025 |
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Cash flows from operating activities |
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Profit for the period |
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Adjustments to cash flows from non-cash items |
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Depreciation and amortisation |
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Loss on disposal of tangible assets |
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Finance costs |
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Corporation tax expense |
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||
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Working capital adjustments |
|||
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Increase in stocks |
( |
( |
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Increase in trade debtors |
( |
( |
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Increase/(decrease) in trade creditors |
|
( |
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Decrease in deferred income, including government grants |
( |
( |
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Cash generated from operations |
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|
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Corporation taxes paid |
( |
( |
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Net cash flow from operating activities |
|
|
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Cash flows from investing activities |
|||
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Acquisitions of tangible assets |
( |
( |
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Proceeds from sale of tangible assets |
|
|
|
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Acquisition of intangible assets |
- |
( |
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Net cash flows from investing activities |
( |
( |
|
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Cash flows from financing activities |
|||
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Interest paid |
( |
( |
|
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Repayment of bank borrowing |
( |
( |
|
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Payments to finance lease creditors |
( |
( |
|
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Dividends paid |
( |
( |
|
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Net cash flows from financing activities |
( |
( |
|
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Net increase/(decrease) in cash and cash equivalents |
|
( |
|
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Cash and cash equivalents at period start |
|
|
|
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Cash and cash equivalents at period end |
1,805,979 |
1,637,343 |
|
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements have been prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.
Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods. |
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Government grants
Government grants are recognised using the accrual model. Grants which relate to revenue shall be recognised in other operating income on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants which relate to capital expenditure are deferred and recognised in other operating income in line with the useful life of the asset.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
|
Asset class |
Depreciation method and rate |
|
Property improvements |
25% on reducing balance |
|
Furniture, fittings and equipment |
20% on reducing balance |
|
Motor vehicles |
25% on reducing balance |
|
Plant and machinery |
20% on reducing balance |
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
|
Asset class |
Amortisation method and rate |
|
Computer software |
25% on reducing balance |
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
Financial instruments
Classification
Financial instruments are recognised in the company’s statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets are classified into specified categories. The classification depends on the nature and purpose of the financial assets and is determined at the time of recognition.
Basic Financial Assets
Basic financial assets which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Other Financial Assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.
Classification of Financial Liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Other Financial Liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Turnover |
The analysis of the company's revenue for the period from continuing operations is as follows:
|
2026 |
2025 |
|
|
Sale of goods |
27,258,403 |
22,003,549 |
|
Operating profit |
Arrived at after charging/(crediting)
|
2026 |
2025 |
|
|
Depreciation expense |
226,328 |
194,171 |
|
Amortisation expense |
24,741 |
32,587 |
|
Operating lease expense - plant and machinery |
83,362 |
72,740 |
|
Loss on disposal of property, plant and equipment |
48,435 |
5,891 |
|
Auditor's remuneration |
16,440 |
16,050 |
|
Government grants |
The amount of grants recognised in the financial statements was £Nil (2025 - £
|
Interest payable and similar expenses |
|
2026 |
2025 |
|
|
Interest on obligations under finance leases and hire purchase contracts |
|
|
|
Interest expense on other finance liabilities |
|
|
|
|
|
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
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Staff costs |
The aggregate payroll costs (including directors' remuneration) were as follows:
|
2026 |
2025 |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
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Pension costs, defined contribution scheme |
|
|
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|
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Pension costs comprise contributions to a defined contribution pension scheme, the assets of which are held separately from those of the company in an independently administered fund. Outstanding contributions at the balance sheet date total £25,025 (2025: £16,578)
The average number of persons employed by the company (including directors) during the period, analysed by category was as follows:
|
2026 |
2025 |
|
|
Management |
|
|
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Administration |
|
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Operational |
|
|
|
|
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Directors' remuneration |
The directors' remuneration for the period was as follows:
|
2026 |
2025 |
|
|
Remuneration |
|
|
In respect of the highest paid director:
|
2026 |
2025 |
|
|
Remuneration |
|
|
|
Company contributions to money purchase pension schemes |
|
|
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Taxation |
Tax charged/(credited) in the profit and loss account
|
2026 |
2025 |
|
|
Current taxation |
||
|
UK corporation tax |
|
|
|
Deferred taxation |
||
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Arising from origination and reversal of timing differences |
|
|
|
Tax expense in the income statement |
|
|
The tax on profit before tax for the period is the same as the standard rate of corporation tax in the UK (2025 - the same as the standard rate of corporation tax in the UK) of
The differences are reconciled below:
|
2026 |
2025 |
|
|
Profit before tax |
|
|
|
Corporation tax at standard rate |
|
|
|
Effect of expenses not deductible for tax purposes |
|
|
|
Effect of fixed asset timing differences |
( |
( |
|
Total tax charge |
|
|
Deferred tax
Deferred tax assets and liabilities
|
2026 |
Liability |
|
Capital allowances |
|
|
|
|
2025 |
Liability |
|
Capital allowances |
|
|
|
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Intangible assets |
|
Computer software |
Total |
|
|
Cost or valuation |
||
|
At 31 January 2025 |
|
|
|
At 30 January 2026 |
|
|
|
Amortisation |
||
|
At 31 January 2025 |
|
|
|
Amortisation charge |
|
|
|
At 30 January 2026 |
|
|
|
Carrying amount |
||
|
At 30 January 2026 |
|
|
|
At 31 January 2025 |
|
|
Included within the net book value of intangible assets above £nil (2025: £63,085) in respect of computer software that is held under hire purchase.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Tangible assets |
|
Property improvements |
Furniture, fittings and equipment |
Motor vehicles |
Plant and machinery |
Total |
|
|
Cost or valuation |
|||||
|
At 31 January 2025 |
|
|
|
|
|
|
Additions |
|
|
|
|
|
|
Disposals |
- |
( |
( |
- |
( |
|
At 30 January 2026 |
|
|
|
|
|
|
Depreciation |
|||||
|
At 31 January 2025 |
|
|
|
|
|
|
Charge for the period |
|
|
|
|
|
|
Eliminated on disposal |
- |
( |
( |
- |
( |
|
At 30 January 2026 |
|
|
|
|
|
|
Carrying amount |
|||||
|
At 30 January 2026 |
|
|
|
|
|
|
At 31 January 2025 |
|
|
|
|
|
Included within the net book value of motor vehicles above is £442,614 (2025: £314,386) in respect of motor vehicles held under hire purchase.
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Stocks |
|
2026 |
2025 |
|
|
Finished goods |
|
|
|
Debtors |
|
2026 |
2025 |
|
|
Trade debtors |
|
|
|
Owed by related parties |
|
|
|
Other debtors |
|
|
|
Prepayments |
|
|
|
Accrued income |
373,586 |
21,341 |
|
|
|
|
Creditors |
|
Note |
2026 |
2025 |
|
|
Due within one year |
|||
|
Loans and borrowings |
|
|
|
|
Trade creditors |
|
|
|
|
Social security and other taxes |
|
|
|
|
Outstanding defined contribution pension costs |
|
|
|
|
Other payables |
|
|
|
|
Accrued expenses |
|
|
|
|
Corporation tax |
1,101,957 |
1,054,361 |
|
|
|
|
||
|
Due after one year |
|||
|
Loans and borrowings |
|
|
|
|
Deferred income |
- |
|
|
|
237,157 |
205,654 |
|
Loans and borrowings |
|
2026 |
2025 |
|
|
Non-current loans and borrowings |
||
|
Bank borrowings |
- |
|
|
HP and finance lease liabilities |
|
|
|
|
|
|
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
2026 |
2025 |
|
|
Current loans and borrowings |
||
|
Bank borrowings |
|
|
|
HP and finance lease liabilities |
|
|
|
|
|
|
Included in bank borrowings in an amount of £46,667 (2025: £186,667) which is secured by a fixed and floating charge dated 1 April 2019 over all the property or undertakings of the company in favour of National Westminster Bank PLC.
Hire purchase liabilities are secured against the assets to which they relate.
|
Obligations under leases and hire purchase contracts |
Operating leases
The total of future minimum lease payments is as follows:
|
2026 |
2025 |
|
|
Not later than one year |
|
|
|
Later than one year and not later than five years |
|
|
|
Later than five years |
|
|
|
|
|
The amount of non-cancellable operating lease payments recognised as an expense during the period was £
Saint Flooring Limited
Notes to the Financial Statements for the Year Ended 30 January 2026
|
Analysis of changes in net funds |
|
At 31 January 2025 |
Cashflow |
New finance leases |
At 30 January 2026 |
|
|
Cash and cash equivalents |
||||
|
Cash |
1,637,343 |
168,636 |
- |
1,805,979 |
|
Borrowings |
||||
|
Long term borrowings |
(46,667) |
46,667 |
- |
- |
|
Short term borrowings |
(140,000) |
93,333 |
- |
(46,667) |
|
Lease liabilities |
(270,986) |
149,328 |
(252,392) |
(374,050) |
|
(457,653) |
289,328 |
(252,392) |
(420,717) |
|
|
|
|
( |
|
|
|
|
||||
|
Related parties |
Dividends of £2,291,652 (2025: £1,062,990) were paid to the parent company during the year.
The key management personnel of the business are considered to be the directors. The emoluments in respect of the directors can be found in note 8.
The parent company is Zuffenhausen Limited, a company incorporated in England and Wales. The registered office of Zuffenhausen Limited is Unit 2 Pineapple Park Road One, Winsford Industrial Estate, Winsford, CW7 3PR.
These financial statements are consolidated into the financial statements of Zuffenhausen Limited. Copies of the financial statements are available on request from Unit 2 Pineapple Park Road One, Winsford Industrial Estate, Winsford, CW7 3PR.