Company Registration No. 09611722 (England and Wales)
Flooring Hut LTD
Unaudited accounts
for the year ended 31 May 2022
Flooring Hut LTD
Unaudited accounts
Contents
Flooring Hut LTD
Company Information
for the year ended 31 May 2022
Directors
A S Funnell
D C P Greaves
P Brewster
Company Number
09611722 (England and Wales)
Registered Office
46 DURRINGTON LANE
WORTHING
BN13 2QU
ENGLAND
Flooring Hut LTD
Statement of financial position
as at
31 May 2022
Tangible assets
1,825
304
Investments
119,439
95,774
Cash at bank and in hand
78,279
52,001
Creditors: amounts falling due within one year
(344,169)
(246,251)
Net current liabilities
(265,890)
(182,097)
Total assets less current liabilities
(144,626)
(86,019)
Creditors: amounts falling due after more than one year
(75,550)
(84,591)
Provisions for liabilities
Net liabilities
(220,205)
(170,639)
Called up share capital
100
100
Profit and loss account
(220,305)
(170,739)
Shareholders' funds
(220,205)
(170,639)
For the year ending 31 May 2022 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.
The financial statements were approved by the Board of Directors and authorised for issue on 7 June 2022 and were signed on its behalf by
D C P Greaves
Director
Company Registration No. 09611722
Flooring Hut LTD
Notes to the Accounts
for the year ended 31 May 2022
Flooring Hut LTD is a private company, limited by shares, registered in England and Wales, registration number 09611722. The registered office is 46 DURRINGTON LANE, WORTHING, BN13 2QU, ENGLAND.
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.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 May 2022
-
1,521
1,521
At 1 June 2021
(87)
(217)
(304)
At 31 May 2022
(87)
(217)
(304)
At 31 May 2022
87
1,738
1,825
At 31 May 2021
87
217
304
5
Investments
Other investments
Valuation at 1 June 2021
95,774
Valuation at 31 May 2022
119,439
Flooring Hut LTD
Notes to the Accounts
for the year ended 31 May 2022
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
232,739
204,407
Taxes and social security
13,805
17,214
Loans from directors
22,630
22,630
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
33,007
34,591
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).