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REGISTERED NUMBER: 08170642 (England and Wales)














Abridged Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Bluewater Bathrooms Limited

Bluewater Bathrooms Limited (Registered number: 08170642)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Bluewater Bathrooms Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr P Reynolds
Mr A Lount





REGISTERED OFFICE: 26/28 Auster Road
Clifton Moor
York
YO30 4XA





REGISTERED NUMBER: 08170642 (England and Wales)





ACCOUNTANTS: Peckitt Ogden & Co
Chartered Certified Accountants
8 Marsden Park
James Nicolson Link
Clifton Moor
York
YO30 4WX

Bluewater Bathrooms Limited (Registered number: 08170642)

Abridged Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,724 106,627

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 138,005 23,436
Cash at bank 2,020,814 1,557,347
2,163,819 1,585,783
CREDITORS
Amounts falling due within one year 1,038,659 815,751
NET CURRENT ASSETS 1,125,160 770,032
TOTAL ASSETS LESS CURRENT LIABILITIES 1,219,884 876,659

PROVISIONS FOR LIABILITIES 17,997 20,259
NET ASSETS 1,201,887 856,400

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 1,201,787 856,300
SHAREHOLDERS' FUNDS 1,201,887 856,400

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

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

Bluewater Bathrooms Limited (Registered number: 08170642)

Abridged Balance Sheet - continued
31 August 2023


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:




Mr A Lount - Director



Mr P Reynolds - Director


Bluewater Bathrooms Limited (Registered number: 08170642)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Bluewater Bathrooms Limited 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. 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Bluewater Bathrooms Limited (Registered number: 08170642)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2022 231,832 3,041 234,873
Additions 20,995 662 21,657
Disposals (16,151 ) - (16,151 )
At 31 August 2023 236,676 3,703 240,379
DEPRECIATION
At 1 September 2022 127,232 1,014 128,246
Charge for year 31,034 1,067 32,101
Eliminated on disposal (14,692 ) - (14,692 )
At 31 August 2023 143,574 2,081 145,655
NET BOOK VALUE
At 31 August 2023 93,102 1,622 94,724
At 31 August 2022 104,600 2,027 106,627

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100