Company Registration No. 08917325 (England and Wales)
Carpet Class Limited
Unaudited accounts
for the year ended 31 March 2018
Carpet Class Limited
Unaudited accounts
Contents
Carpet Class Limited
Company Information
for the year ended 31 March 2018
Company Number
08917325 (England and Wales)
Registered Office
126 South Ealing Road
London
W5 4QJ
Accountants
Douglas Collier Ltd
Building 1 Chalfont Park
Gerrards Cross
Buckinghamshire
SL9 0BG
Carpet Class Limited
Statement of financial position
as at 31 March 2018
Intangible assets
21,400
42,800
Tangible assets
1,227
1,444
Cash at bank and in hand
89,484
70,042
Creditors: amounts falling due within one year
(88,022)
(66,986)
Net current assets
50,467
38,362
Called up share capital
1
1
Profit and loss account
73,093
82,605
Shareholders' funds
73,094
82,606
For the year ending 31 March 2018 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.
Approved by the Board on 1 November 2018.
D W Scott
Director
Company Registration No. 08917325
Carpet Class Limited
Notes to the Accounts
for the year ended 31 March 2018
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
Charge for the year
21,400
Carpet Class Limited
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery
Finished goods
4,254
3,090
Trade debtors
44,504
31,921
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
37,014
14,254
Taxes and social security
49,068
49,701
9
Average number of employees
During the year the average number of employees was 2 (2017: 2).
