Company Registration No. 08917325 (England and Wales)
Carpet Class Limited
Unaudited accounts
for the year ended 31 March 2020
Carpet Class Limited
Unaudited accounts
Contents
Carpet Class Limited
Company Information
for the year ended 31 March 2020
Company Number
08917325 (England and Wales)
Registered Office
126 South Ealing Road
London
W5 4QJ
Accountants
Douglas Collier Ltd
10 Village Way
Pinner
Middlesex
HA5 5AF
Carpet Class Limited
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
83,266
104,165
Creditors: amounts falling due within one year
(72,835)
(74,946)
Net current assets
33,765
59,310
Called up share capital
1
1
Profit and loss account
36,357
59,979
Shareholders' funds
36,358
59,980
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2020 and were signed on its behalf by
D W Scott
Director
Company Registration No. 08917325
Carpet Class Limited
Notes to the Accounts
for the year ended 31 March 2020
Carpet Class Limited is a private company, limited by shares, registered in England and Wales, registration number 08917325. The registered office is 126 South Ealing Road, London , W5 4QJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being written off in equal instalments over its estimated economic life of 5 years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% straight line per annum
4
Intangible fixed assets
Goodwill
Carpet Class Limited
Notes to the Accounts
for the year ended 31 March 2020
5
Tangible fixed assets
Plant & machinery
Finished goods
2,293
2,293
Trade debtors
17,890
26,402
8
Creditors: amounts falling due within one year
2020
2019
Trade creditors
21,339
28,134
Taxes and social security
34,468
45,012
9
Average number of employees
During the year the average number of employees was 2 (2019: 2).
