Registered Number
:
03705622
|
For the year ended 31 March 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2018
Thompsons Carpets Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Thompsons Carpets Ltd
Statement of Financial Position
2017
2018
49,340
56,225
2
Property
,
plant and equipment
|
105,041
45,679
3
154,381
101,904
336,535
312,272
4
Trade and other receivables
|
186,729
168,728
5
381,497
Cash and cash equivalents
|
203,238
684,238
904,761
Trade and other payables
:
amounts falling due within one year
|
(568,849)
(462,504)
6
335,912
221,734
Net current assets
Total assets less current liabilities
|
376,115
437,816
376,115
Net assets
437,816
2
2
376,113
437,814
376,115
437,816
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year
|
and of its profit or loss for each financial year in accordance with the requirements of Section
394
and
395
and which otherwise comply
|
with the requirements of the Companies Act
2006
relating to financial statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
Mr George Thompson Director
|
These financial statements were approved and authorised for issue by the Board on 28 December 2018 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 March 2018
Thompsons Carpets Ltd
Notes to the Financial Statements
Statutory Information
Thompsons Carpets Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
03705622
.
|
Principal place of business
:
|
T/A United Carpets & Beds
Old Mill lane
Mansfield Woodhouse
Notts
NG19 9AL
C/O Johnson Walker
Horizon House
2 Whiting Street
Sheffield
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
'
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 10 years.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
2 of 4
For the year ended 31 March 2018
Thompsons Carpets Ltd
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
101,763
101,763
45,538
6,885
Charge for year
52,423
49,340
56,225
3
.
Property
,
plant and equipment
|
Fixtures and fittings
Motor vehicles
Land and buildings
131,580
2,264
100,028
27,808
1,480
77,109
-
-
77,109
-
104,917
100,028
2,264
208,689
1,480
Provision for depreciation and impairment
|
85,901
1,739
68,826
14,164
1,172
Charge for year
17,747
320
4,209
12,910
308
103,648
2,059
73,035
27,074
1,480
-
77,843
26,993
205
105,041
308
13,644
31,202
525
45,679
2017
2018
312,272
336,535
3 of 4
For the year ended 31 March 2018
Thompsons Carpets Ltd
Notes to the Financial Statements Continued
5
.
Trade and other receivables
|
2017
2018
413
367
168,315
186,362
186,729
168,728
6
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
216,296
246,703
Taxation and social security
|
96,994
155,638
149,214
166,508
462,504
568,849
4 of 4