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REGISTERED NUMBER: 07279701 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Prestbury Bathrooms Ltd

Prestbury Bathrooms Ltd (Registered number: 07279701)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Prestbury Bathrooms Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr M Clay





REGISTERED OFFICE: Plymyard Barrow
Boddington
Cheltenham
Gloucestershire
GL51 0TL





REGISTERED NUMBER: 07279701 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

Prestbury Bathrooms Ltd (Registered number: 07279701)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 975 1,299

CURRENT ASSETS
Stocks 6,967 9,158
Debtors 5 12,429 22,442
Cash at bank 10,203 18,483
29,599 50,083
CREDITORS
Amounts falling due within one year 6 29,427 50,209
NET CURRENT ASSETS/(LIABILITIES) 172 (126 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,147

1,173

CAPITAL AND RESERVES
Called up share capital 1,050 1,050
Retained earnings 97 123
SHAREHOLDERS' FUNDS 1,147 1,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 July 2024 and were signed by:





Mr M Clay - Director


Prestbury Bathrooms Ltd (Registered number: 07279701)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Prestbury Bathrooms 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.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 9,116
DEPRECIATION
At 1 June 2023 7,817
Charge for year 324
At 31 May 2024 8,141
NET BOOK VALUE
At 31 May 2024 975
At 31 May 2023 1,299

Prestbury Bathrooms Ltd (Registered number: 07279701)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 9,699 918
Other debtors 2,730 21,524
12,429 22,442

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 14,800 25,972
Taxation and social security 7,956 5,657
Other creditors 6,671 18,580
29,427 50,209

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Clay.