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Company Registration No. 12683775 (England and Wales)
Iconic Kitchens & Bedrooms Ltd Unaudited accounts for the year ended 31 July 2024
Iconic Kitchens & Bedrooms Ltd Unaudited accounts Contents
Page
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Iconic Kitchens & Bedrooms Ltd Company Information for the year ended 31 July 2024
Director
Mr Harendra Singh Kushwah
Company Number
12683775 (England and Wales)
Registered Office
UNIT 6 WARNFORD INDUSTRIAL ESTATE CLAYTON ROAD HAYES UB3 1BQ ENGLAND
Accountants
Majish 48a Bowrons Avenue Wembley Middlesex HA0 4QP
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Iconic Kitchens & Bedrooms Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
178,138 
205,209 
Current assets
Inventories
320,141 
304,437 
Debtors
37,450 
96,289 
Cash at bank and in hand
12,900 
11,010 
370,491 
411,736 
Creditors: amounts falling due within one year
(443,347)
(489,601)
Net current liabilities
(72,856)
(77,865)
Total assets less current liabilities
105,282 
127,344 
Creditors: amounts falling due after more than one year
(40,765)
(87,886)
Net assets
64,517 
39,458 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
64,417 
39,358 
Shareholders' funds
64,517 
39,458 
For the year ending 31 July 2024 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 19 September 2024 and were signed on its behalf by
Mr Harendra Singh Kushwah Director Company Registration No. 12683775
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Iconic Kitchens & Bedrooms Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Iconic Kitchens & Bedrooms Ltd is a private company, limited by shares, registered in England and Wales, registration number 12683775. The registered office is UNIT 6 WARNFORD INDUSTRIAL ESTATE, CLAYTON ROAD, HAYES, UB3 1BQ, ENGLAND.
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 £ sterling.
Tangible fixed assets and depreciation
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:
Land & buildings
10% on Cost
Plant & machinery
10% on Cost
Motor vehicles
20% on Cost
Fixtures & fittings
20% on Cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
2,480 
220,200 
3,700 
24,850 
251,230 
Additions
- 
- 
- 
1,134 
1,134 
At 31 July 2024
2,480 
220,200 
3,700 
25,984 
252,364 
Depreciation
At 1 August 2023
496 
37,840 
2,220 
5,465 
46,021 
Charge for the year
248 
22,020 
740 
5,197 
28,205 
At 31 July 2024
744 
59,860 
2,960 
10,662 
74,226 
Net book value
At 31 July 2024
1,736 
160,340 
740 
15,322 
178,138 
At 31 July 2023
1,984 
182,360 
1,480 
19,385 
205,209 
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Iconic Kitchens & Bedrooms Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,423 
65,262 
Other debtors
31,027 
31,027 
37,450 
96,289 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,121 
47,121 
VAT
22,350 
1,398 
Trade creditors
52,181 
179,915 
Taxes and social security
5,623 
- 
Other creditors
8,405 
94 
Loans from directors
307,667 
237,073 
Accruals
- 
24,000 
443,347 
489,601 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
40,765 
87,886 
8
Loans to directors
Amounts due to directors at the balance sheet date is £307,667 (2023: £237,073). The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
9
Controlling party
Ultimate Controlling Party is Mr Harendra Singh Kushwah.
10
Average number of employees
During the year the average number of employees was 12 (2023: 6).
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