Natural Elements Flooring Limited

Registered number

05875793

Unaudited Filleted Accounts

31 March 2025

Natural Elements Flooring Limited
Registered number:		05875793
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		137,108			105,087

Current assets
Stocks		600,467			670,804
Debtors	5	531,866			430,276
Investments held as current assets	6	156,149			125,392
Cash at bank and in hand		18,771			214,700
		1,307,253			1,441,172

Creditors: amounts falling due within one year	7	(985,606)			(1,019,496)

Net current assets			321,647			421,676

Total assets less current liabilities			458,755			526,763

Creditors: amounts falling due after more than one year	8		(100,000)			(199,417)

Provisions for liabilities			(32,108)			(24,947)


Net assets			326,647			302,399

Capital and reserves
Called up share capital			100			100
Profit and loss account			326,547			302,299

Shareholders' funds			326,647			302,399

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


P Harris
Director
Approved by the board on 19 August 2025

Natural Elements Flooring Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% on Cost
	Fixtures, fittings, tools and equipment			33% on cost and 20% on cost
	Lease			over length of lease

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Operating income					2025		2024
£							£

	Dividend income					1,230		-
						1,230		-


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					8		7



4	Tangible fixed assets
		Lease		Plant and machinery etc		Fixture & fittings		Total
£			£		£		£
	Cost
	At 1 April 2024	-		2,965		235,361		238,326
	Additions	9,336		52,288		3,065		64,689
	At 31 March 2025	9,336		55,253		238,426		303,015

	Depreciation
	At 1 April 2024	-		2,684		130,555		133,239
	Charge for the year	466		10,628		21,574		32,668
	At 31 March 2025	466		13,312		152,129		165,907

	Net book value
	At 31 March 2025	8,870		41,941		86,297		137,108
	At 31 March 2024	-		281		104,806		105,087



5	Debtors					2025		2024
£							£

	Trade debtors					272,107		342,619
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					85,732		87,657
	Other debtors					174,027		-
						531,866		430,276



6	Investments held as current assets					2025		2024
£							£
	Fair value
	Investment portfolio					156,149		125,392








7	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans -Covid support					49,417		53,594
	Invoice discounting account					216,534		249,912
	Other loans					50,000		50,000
	Trade creditors					561,944		572,505
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					57,816		21,325
	Taxation and social security costs					42,063		65,164
	Other creditors					7,832		6,996
						985,606		1,019,496



8	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans- Covid Support					-		49,417
	Other loans					100,000		150,000
						100,000		199,417


9	Loans					2025		2024
£							£


	Secured bank loans					150,000		200,000

	The loan was secured personally and on the assets of the company



10	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					508,167		-














11	Related party transactions

	During the year the company were recharged administrative costs to the value of £53,808 (2024- £237,146) from M & M Carpet Contractors Limited, a company that M Dyson was a director. The company made sales of £132,085 (2024- £103,924) to M & M Carpet Contractors Limited. There was a loan owing to M & M Carpet Contractors Limited at the end of the year amountting to £57,815 (2024- £77,815).

	There is a loan account balance amounting to £85,733 (2024-£87,657) due from We Are Notch Ltd, of which the directors have an interest. The amount is due to repaid in due course but there are no repayment terms
	The company recharged costs of £30,600 (2024-£nil) and sold goods amounting to £42,705 ( 2024 £nil). There was a trade balance owing to the company of £622.54 (2024-£nil)



12	Controlling party

	The company is under the control of the directors.



13	Other information

	Natural Elements Flooring Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 5
	Skeffington Street
	London
	England
	SE18 6SR