1 October 2022 false No description of principal activity Taxfiler 2024.1 02965338business:PrivateLimitedCompanyLtd2022-10-012023-09-30 029653382022-09-30 029653382022-10-012023-09-30 02965338business:AuditExemptWithAccountantsReport2022-10-012023-09-30 02965338business:FilletedAccounts2022-10-012023-09-30 029653382023-09-30 02965338business:Director12022-10-012023-09-30 02965338business:CompanySecretary12022-10-012023-09-30 02965338business:RegisteredOffice2022-10-012023-09-30 029653382022-09-30 02965338core:WithinOneYear2023-09-30 02965338core:WithinOneYear2022-09-30 02965338core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 02965338core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 02965338core:RevaluationReservecore:PreviouslyStatedAmount2023-09-30 02965338core:RevaluationReservecore:PreviouslyStatedAmount2022-09-30 02965338core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 02965338core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 02965338core:PreviouslyStatedAmount2023-09-30 02965338core:PreviouslyStatedAmount2022-09-30 02965338business:SmallEntities2022-10-012023-09-30 02965338countries:EnglandWales2022-10-012023-09-30 02965338core:PlantMachinery2022-10-012023-09-30 02965338core:MotorVehicles2022-10-012023-09-30 02965338core:LandBuildings2022-09-30 02965338core:PlantMachinery2022-09-30 02965338core:MotorVehicles2022-09-30 02965338core:LandBuildings2022-10-012023-09-30 02965338core:LandBuildings2023-09-30 02965338core:PlantMachinery2023-09-30 02965338core:MotorVehicles2023-09-30 02965338core:LandBuildings2022-09-30 02965338core:AcceleratedTaxDepreciationDeferredTax2023-09-30 02965338core:AcceleratedTaxDepreciationDeferredTax2022-09-30 02965338core:RevaluationPropertyDeferredTax2023-09-30 02965338core:RevaluationPropertyDeferredTax2022-09-30 02965338core:RevaluationInvestmentPropertyDeferredTax2023-09-30 02965338core:RevaluationInvestmentPropertyDeferredTax2022-09-30 029653382021-09-30 029653382021-10-012022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 02965338 (England and Wales)
Beautiful Bathrooms (Hayes) Limited Unaudited accounts for the year ended 30 September 2023
Beautiful Bathrooms (Hayes) Limited Company Information for the year ended 30 September 2023
Director
Richard Bailes
Secretary
A Bailes
Company Number
02965338 (England and Wales)
Registered Office
80 Dunsham Lane Aylesbury Bucks HP20 2DG United Kingdom
Accountants
Howard and Company High Street Egham Surrey TW20 9HE
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Beautiful Bathrooms (Hayes) Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
385,022 
362,688 
Investment property
375,000 
300,000 
760,022 
662,688 
Current assets
Inventories
875 
11,000 
Debtors
9,365 
11,572 
Cash at bank and in hand
307,602 
295,144 
317,842 
317,716 
Creditors: amounts falling due within one year
(86,350)
(106,965)
Net current assets
231,492 
210,751 
Total assets less current liabilities
991,514 
873,439 
Provisions for liabilities
Deferred tax
(123,093)
(98,759)
Net assets
868,421 
774,680 
Capital and reserves
Called up share capital
2 
2 
Revaluation reserve
259,100 
240,350 
Profit and loss account
609,319 
534,328 
Shareholders' funds
868,421 
774,680 
For the year ending 30 September 2023 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 director acknowledges his 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 and authorised for issue on 18 April 2024 and were signed on its behalf by
Richard Bailes Director Company Registration No. 02965338
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Beautiful Bathrooms (Hayes) Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Beautiful Bathrooms (Hayes) Limited is a private company, limited by shares, registered in England and Wales, registration number 02965338. The registered office is 80 Dunsham Lane, Aylesbury, Bucks, HP20 2DG, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in pounds sterling.
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 when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods differing from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on the tax rates that are expected to apply at that time. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Freehold property occupied by the company is included at market fair value. Changes in value are transferred to the revaluation reserve after providing for deferred taxation at the rate expected to apply when the property is expected to be sold. Other 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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is expected to be sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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Beautiful Bathrooms (Hayes) Limited Notes to the Accounts for the year ended 30 September 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At 1 October 2022
350,000 
6,579 
21,770 
378,349 
Revaluations
25,000 
- 
- 
25,000 
Disposals
- 
(1,250)
- 
(1,250)
At 30 September 2023
375,000 
5,329 
21,770 
402,099 
Depreciation
At 1 October 2022
- 
5,037 
10,624 
15,661 
Charge for the year
- 
309 
2,229 
2,538 
On disposals
- 
(1,122)
- 
(1,122)
At 30 September 2023
- 
4,224 
12,853 
17,077 
Net book value
At 30 September 2023
375,000 
1,105 
8,917 
385,022 
At 30 September 2022
350,000 
1,542 
11,146 
362,688 
2023 
2022 
£ 
£ 
Carrying amount of land and buildings on cost basis
42,500 
42,500 
Freehold land and buildings occupied by the company are valued informally using the open market method of valuation by Karwood Estate Agents of Hayes.
5
Investment property
2023 
£ 
Fair value at 1 October 2022
300,000 
Net gain from fair value adjustments
75,000 
At 30 September 2023
375,000 
The company's Investment Property was valued informally using the open market method of valuation by Karwood Estate Agents of Hayes.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,783 
10,838 
Accrued income and prepayments
1,794 
734 
Other debtors
1,788 
- 
9,365 
11,572 
- 5 -
Beautiful Bathrooms (Hayes) Limited Notes to the Accounts for the year ended 30 September 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
10,186 
32,391 
Taxes and social security
5,334 
5,850 
Loans from directors
68,129 
66,129 
Accruals
2,701 
2,595 
86,350 
106,965 
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
2,506 
3,172 
Revaluation of land and buildings
73,400 
67,150 
Revaluation of investment property
47,187 
28,437 
123,093 
98,759 
2023 
2022 
£ 
£ 
Provision at start of year
98,759 
96,164 
Charged to the profit and loss account
24,334 
2,595 
Provision at end of year
123,093 
98,759 
9
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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