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REGISTERED NUMBER: 13863306 (England and Wales)















CHANGING ROOMS BESPOKE DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023






CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023







DIRECTORS: T C Byhurst
J D Byhurst





REGISTERED OFFICE: 56 Hockers Lane
Detling
Maidstone
ME14 3JW





REGISTERED NUMBER: 13863306 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
89 King Street
Maidstone
Kent
ME14 1BG

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 5 12,550

CURRENT ASSETS
Debtors 6 1
Cash in hand 4,859
4,860
CREDITORS
Amounts falling due within one year 7 14,778
NET CURRENT LIABILITIES (9,918 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,632

PROVISIONS FOR LIABILITIES 2,385
NET ASSETS 247

CAPITAL AND RESERVES
Called up share capital 8 3
Retained earnings 244
SHAREHOLDERS' FUNDS 247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





T C Byhurst - Director


CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023

1. STATUTORY INFORMATION

Changing Rooms Bespoke Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company meets its day to day working capital requirements through the support of its directors and they have pledged their continuing support. They therefore consider it appropriate to prepare accounts on the going concern basis. These financial statements do not include any adjustments that would result from a withdrawal of this support.

Significant judgements and estimates
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023

3. ACCOUNTING POLICIES - continued

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

c) Impairment of financial assets
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

d) Trade and other creditors
Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023

3. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 14,444
At 31 January 2023 14,444
DEPRECIATION
Charge for period 1,894
At 31 January 2023 1,894
NET BOOK VALUE
At 31 January 2023 12,550

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 1

CHANGING ROOMS BESPOKE DEVELOPMENTS LTD (REGISTERED NUMBER: 13863306)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 JANUARY 2022 TO 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
VAT 2,689
Directors' Current Accounts 11,140
Accrued expenses 949
14,778

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary 1 3

2 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHANGING ROOMS BESPOKE DEVELOPMENTS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Changing Rooms Bespoke Developments Ltd for the period ended 31 January 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Changing Rooms Bespoke Developments Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Changing Rooms Bespoke Developments Ltd and state those matters that we have agreed to state to the Board of Directors of Changing Rooms Bespoke Developments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Changing Rooms Bespoke Developments Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Changing Rooms Bespoke Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Changing Rooms Bespoke Developments Ltd. You consider that Changing Rooms Bespoke Developments Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Changing Rooms Bespoke Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






McCabe Ford Williams
Chartered Accountants
89 King Street
Maidstone
Kent
ME14 1BG


Date: .............................................