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REGISTERED NUMBER: 12521469 (England and Wales)














Unaudited Financial Statements

for the Period 1 April 2022 to 30 March 2023

for

iBathrooms & Boilers UK Limited

iBathrooms & Boilers UK Limited (Registered number: 12521469)






Contents of the Financial Statements
for the Period 1 April 2022 to 30 March 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


iBathrooms & Boilers UK Limited (Registered number: 12521469)

Balance Sheet
30 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,443 9,346

CURRENT ASSETS
Debtors 5 8,177 -
Cash at bank 22 1
8,199 1
CREDITORS
Amounts falling due within one year 6 29,933 29,483
NET CURRENT LIABILITIES (21,734 ) (29,482 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,291 ) (20,136 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,391 ) (20,236 )
SHAREHOLDERS' FUNDS (14,291 ) (20,136 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





Mr D Kudlek - Director


iBathrooms & Boilers UK Limited (Registered number: 12521469)

Notes to the Financial Statements
for the Period 1 April 2022 to 30 March 2023

1. STATUTORY INFORMATION

iBathrooms & Boilers UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12521469

Registered office: 19 Basnetts Wood
Endon
Stoke-on-Trent
ST9 9DQ

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


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.

Turnover is recognised as the company becomes eligible for consideration for the goods and services supplied. Therefore, turnover includes the element of work carried out but not yet invoiced for.

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 - 25% on reducing balance
Computer Equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

iBathrooms & Boilers UK Limited (Registered number: 12521469)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 30 March 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer Motor
machinery Equipment vehicles Totals
£    £    £    £   
COST
At 1 April 2022 482 1,194 14,725 16,401
Additions - 579 - 579
At 30 March 2023 482 1,773 14,725 16,980
DEPRECIATION
At 1 April 2022 211 402 6,442 7,055
Charge for period 68 343 2,071 2,482
At 30 March 2023 279 745 8,513 9,537
NET BOOK VALUE
At 30 March 2023 203 1,028 6,212 7,443
At 31 March 2022 271 792 8,283 9,346

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 8,177 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1,590
Taxation and social security 26,034 16,072
Other creditors 3,899 11,821
29,933 29,483

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 March 2023 and the year ended 31 March 2022:

2023 2022
£    £   
Mr D Kudlek
Balance outstanding at start of period - -
Amounts advanced 26,522 -
Amounts repaid (18,803 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 7,719 -