12306176falsesuppy and fit bespoke bahtrooms2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director22023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2022-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:PatentsTrademarksLicencesConcessionsSimilar2023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12306176

NG Bathrooms Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

NG Bathrooms Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Nicholas Glendinning
Kimberley Glendinning
REGISTERED OFFICE
Unit 7, The Court House
72 Moorland Road
Stoke-on-Trent
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12306176
BANKERS
Barclays
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

NG Bathrooms Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

NG Bathrooms Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Intangible assets3520520
Tangible assets4186,90949,996
187,42950,516
CURRENT ASSETS
Stock64,04938,854
Debtors619,42952,006
Cash at bank and in hand13,1311,759
96,60992,619
CREDITORS: Amounts falling due within one year7123,35570,250
NET CURRENT (LIABILITIES) / ASSETS(26,746)22,369
TOTAL ASSETS LESS CURRENT LIABILITIES160,68372,885
CREDITORS: Amounts falling due after more than one year898,29769,956
PROVISIONS FOR LIABILITIES AND CHARGES1024,333-
NET ASSETS38,0532,929
CAPITAL AND RESERVES
Called up share capital11100100
Profit and loss account37,9532,829
SHAREHOLDERS' FUNDS38,0532,929
For the year ending 31/12/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/04/2024 and signed on their behalf by
Nicholas Glendinning
Director

NG Bathrooms Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 15%
Commercial Vehiclesstraight line 15%
Equipmentstraight line 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees43

NG Bathrooms Limited

3. INTANGIBLE FIXED ASSETS
PatentsTotal
££
Cost
At 01/01/2023520520
At 31/12/2023520520
Depreciation
At 31/12/2023--
Net Book Amounts
At 31/12/2023520520
At 31/12/2022520520
4. TANGIBLE FIXED ASSETS
Short LeaseholdCommercial
PropertiesVehiclesEquipmentTotal
££££
Cost
At 01/01/2023-47,24913,47960,728
Additions67,18088,84033,310189,330
Disposals-(41,508)-(41,508)
At 31/12/202367,18094,58146,789208,550
Depreciation
At 01/01/2023-8,1122,62010,732
Disposals-(6,226)-(6,226)
For the year4,19110,6252,31917,135
At 31/12/20234,19112,5114,93921,641
Net Book Amounts
At 31/12/202362,98982,07041,850186,909
At 31/12/2022-39,13710,85949,996
5. STOCK 20232022
££
Stock comprises:
Stock45,00015,000
Work in progress19,04923,854
64,04938,854

NG Bathrooms Limited

6. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors14,12743,606
PAYE control-3,444
Other debtors4,6254,625
Prepayments677331
19,42952,006
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax-3,312
VAT11,14011,064
PAYE control2,178-
Directors current account325778
Bank Loan8,1338,133
Credit card67,70536,994
Hire purchase8,6892,181
Trade creditors22,5381,799
Pension schemes830-
Accruals1,8171,267
Deferred income-4,722
123,35570,250
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr18,05621,389
Bank loans (secured) >1yr14,00018,800
Hire purchase >1yr66,24129,767
98,29769,956

NG Bathrooms Limited

9. SECURED CREDITORS
20232022
££
Amount of bank loans and overdrafts which are secured18,80023,600
Amount of other creditors which are secured74,93031,949
10. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation24,333-
24,333-
11. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
12. OTHER FINANCIAL COMMITMENTS
At 31/12/2023 the company was committed to making the following payments under non-cancellable operating leases:
20232022
££
Operating Leases which expire:
Within one year-1,646
Within two to five years5,50229,375
After 5 years76,500-