Company Registration No. 09479993 (England and Wales)
D & S Carpets (IOW) Limited
Unaudited accounts
for the year ended 30 March 2019
D & S Carpets (IOW) Limited
Unaudited accounts
Contents
D & S Carpets (IOW) Limited
Company Information
for the year ended 30 March 2019
Directors
David Adrian Brown
Stuart John Dall
Company Number
09479993 (England and Wales)
Registered Office
12 HURSTAKE ROAD
RIVERWAY INDUSTRIAL ESTATE
NEWPORT
ISLE OF WIGHT
PO30 5UU
UNITED KINGDOM
Accountants
Austin Randall Ltd
Unit 1
Nicholson Road
Ryde
Isle of Wight
PO33 1BE
D & S Carpets (IOW) Limited
Statement of financial position
as at
30 March 2019
Tangible assets
3,253
4,337
Inventories
40,333
75,333
Cash at bank and in hand
26,970
-
Creditors: amounts falling due within one year
(84,523)
(130,021)
Net current assets
109,780
73,192
Total assets less current liabilities
113,033
77,529
Provisions for liabilities
Net assets
113,015
77,511
Called up share capital
2
2
Profit and loss account
113,013
77,509
Shareholders' funds
113,015
77,511
For the year ending 30 March 2019 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 directors acknowledge their 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 19 March 2019.
Stuart John Dall
Director
Company Registration No. 09479993
D & S Carpets (IOW) Limited
Notes to the Accounts
for the year ended 30 March 2019
D & S Carpets (IOW) Limited is a private company, limited by shares, registered in England and Wales, registration number 09479993. The registered office is 12 HURSTAKE ROAD, RIVERWAY INDUSTRIAL ESTATE, NEWPORT, ISLE OF WIGHT, PO30 5UU, UNITED KINGDOM.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
D & S Carpets (IOW) Limited
Notes to the Accounts
for the year ended 30 March 2019
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
1,084
Finished goods
40,333
75,333
Trade debtors
125,000
125,878
Amounts due from group undertakings etc.
-
2
Other debtors
2,000
2,000
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
-
24,150
Trade creditors
74,218
72,480
Taxes and social security
32,098
33,341
Loans from directors
(22,793)
(950)
8
Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
D & S Carpets (IOW) Limited
Notes to the Accounts
for the year ended 30 March 2019
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan balance - Credit
(19,789)
-
-
(19,789)
Director Loan balance - Credit
(19,789)
-
-
(19,789)
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).