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REGISTERED NUMBER: 14221492 (England and Wales)















Sussex Beds (Horley) Ltd

Unaudited Financial Statements

for the Period 7 July 2022 to 31 October 2023






Sussex Beds (Horley) Ltd (Registered number: 14221492)






Contents of the Financial Statements
for the Period 7 July 2022 to 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sussex Beds (Horley) Ltd

Company Information
for the Period 7 July 2022 to 31 October 2023







DIRECTORS: Mr S J Pickering
Mr M R Pickering
Mr J P Rayment
Mrs S H G Skinner





REGISTERED OFFICE: King Offa Way
Bexhill
East Sussex
TN40 2UA





REGISTERED NUMBER: 14221492 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Sussex Beds (Horley) Ltd (Registered number: 14221492)

Balance Sheet
31 October 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 20,840

CURRENT ASSETS
Debtors 5 42,783
Cash at bank and in hand 9,575
52,358
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

181,028
NET CURRENT LIABILITIES (128,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES (107,830 )

PROVISIONS FOR LIABILITIES 2,385
NET LIABILITIES (110,215 )

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (110,216 )
(110,215 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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.

Sussex Beds (Horley) Ltd (Registered number: 14221492)

Balance Sheet - continued
31 October 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 1 April 2024 and were signed on its behalf by:





Mr M R Pickering - Director


Sussex Beds (Horley) Ltd (Registered number: 14221492)

Notes to the Financial Statements
for the Period 7 July 2022 to 31 October 2023

1. STATUTORY INFORMATION

Sussex Beds (Horley) 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Sussex Beds (Horley) Ltd (Registered number: 14221492)

Notes to the Financial Statements - continued
for the Period 7 July 2022 to 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
Additions 19,749 3,407 23,156
At 31 October 2023 19,749 3,407 23,156
DEPRECIATION
Charge for period 1,975 341 2,316
At 31 October 2023 1,975 341 2,316
NET BOOK VALUE
At 31 October 2023 17,774 3,066 20,840

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 13,882
Other debtors 28,901
42,783

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 17,032
Amounts owed to group undertakings 109,027
Taxation and social security 6,791
Other creditors 48,178
181,028

7. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included on the balance sheet amount to £579,494 (2022: £nil).

Sussex Beds (Horley) Ltd (Registered number: 14221492)

Notes to the Financial Statements - continued
for the Period 7 July 2022 to 31 October 2023

8. ULTIMATE PARENT COMPANY

The company's parent company is Sussex Bed Centre (Holdings) Limited, whose registered office is King Offa Way, Bexhill, East Sussex, TN40 2UA.

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.