Registration number: 08414395

Bury Carpets Limited

trading as Bury Carpets Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Bury Carpets Limited

trading as Bury Carpets Ltd

Company Information

Directors

J Tishler Michael John Thomas Barlow Nigel David Howard Ian Glover

Company secretary

J Tishler

Registered office

1 Church Street Bury Lancashire BL9 6BN

Accountants

King Street Accounts 1ST Floor Victory House The Sidings Whalley BB7 9SE

Bury Carpets Limited

trading as Bury Carpets Ltd

(Registration number: 08414395)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	25,593	5,287
Current assets
Stocks	5	91,187	90,205
Debtors	6	171,082	142,944
Cash at bank and in hand		57,925	67,618
		320,194	300,767
Creditors: Amounts falling due within one year	7	(76,639)	(76,976)
Net current assets		243,555	223,791
Total assets less current liabilities		269,148	229,078
Creditors: Amounts falling due after more than one year	7	(16,575)	-
Net assets		252,573	229,078
Capital and reserves
Called up share capital	8	10	10
Retained earnings		252,563	229,068
Shareholders' funds		252,573	229,078

For the financial year ending 31 March 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 July 2026 and signed on its behalf by:
 

Bury Carpets Limited

trading as Bury Carpets Ltd

(Registration number: 08414395)
Balance Sheet as at 31 March 2026

......................................... J Tishler Director

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Church Street
Bury
Lancashire
BL9 6BN
England

These financial statements were authorised for issue by the Board on 14 July 2026.

2	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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

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.

Tax

The tax expense for the period comprises current 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.

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current income 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.

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
Motor Vehicles	25% reducing balance
Furniture , Fittings & Equipment	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Trade creditors

Trade creditors 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 the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2025 - 7).

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	14,214	17,347	31,561
Additions	-	22,019	22,019
Disposals	-	(13,500)	(13,500)
At 31 March 2026	14,214	25,866	40,080
Depreciation
At 1 April 2025	10,365	15,909	26,274
Charge for the year	962	228	1,190
Eliminated on disposal	-	(12,977)	(12,977)
At 31 March 2026	11,327	3,160	14,487
Carrying amount
At 31 March 2026	2,887	22,706	25,593
At 31 March 2025	3,849	1,438	5,287

5

Stocks

	2026 £	2025 £
Other inventories	91,187	90,205

6

Debtors

Current	2026 £	2025 £
Trade debtors	3,907	-
Other debtors	167,175	142,944
	171,082	142,944

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	4,848	-
Trade creditors		30,535	34,584
Taxation and social security		32,724	38,492
Accruals and deferred income		8,532	3,900
		76,639	76,976

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	16,575	-

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary £1 shares of £1 each	10	10	10	10

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Hire purchase contracts	16,575	-

Current loans and borrowings

Bury Carpets Limited

trading as Bury Carpets Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	2026 £	2025 £
Hire purchase contracts	4,848	-

10	Related party transactions

The company is a wholly owned subsidiary of Bury Carpets Holdings Ltd .

The amount owed by Bury Carpets Holding Company Ltd at the year end was £163,275 (2025 £142,944 owed ) .

Dividends of £48,,000 were paid to the holding company during the year (2025 £48,000 Paid ).

The amounts owed to the company by the directors at the year end amounted to £3,900 (2025 £nil owed ).