IRIS Accounts Production v24.1.4.33 06265568 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062655682023-03-31062655682024-03-31062655682023-04-012024-03-31062655682022-03-31062655682022-04-012023-03-31062655682023-03-3106265568ns15:EnglandWales2023-04-012024-03-3106265568ns14:PoundSterling2023-04-012024-03-3106265568ns10:Director12023-04-012024-03-3106265568ns10:Director22023-04-012024-03-3106265568ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106265568ns10:SmallEntities2023-04-012024-03-3106265568ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106265568ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106265568ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106265568ns10:FullAccounts2023-04-012024-03-310626556812023-04-012024-03-3106265568ns10:OrdinaryShareClass12023-04-012024-03-3106265568ns10:CompanySecretary12023-04-012024-03-3106265568ns10:RegisteredOffice2023-04-012024-03-3106265568ns5:CurrentFinancialInstruments2024-03-3106265568ns5:CurrentFinancialInstruments2023-03-3106265568ns5:Non-currentFinancialInstruments2024-03-3106265568ns5:Non-currentFinancialInstruments2023-03-3106265568ns5:ShareCapital2024-03-3106265568ns5:ShareCapital2023-03-3106265568ns5:RetainedEarningsAccumulatedLosses2024-03-3106265568ns5:RetainedEarningsAccumulatedLosses2023-03-3106265568ns5:NetGoodwill2023-04-012024-03-3106265568ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3106265568ns5:LeaseholdImprovements2023-04-012024-03-3106265568ns5:FurnitureFittings2023-04-012024-03-3106265568ns5:MotorVehicles2023-04-012024-03-3106265568ns5:NetGoodwill2023-03-3106265568ns5:NetGoodwill2024-03-3106265568ns5:NetGoodwill2023-03-3106265568ns5:LeaseholdImprovements2023-03-3106265568ns5:FurnitureFittings2023-03-3106265568ns5:MotorVehicles2023-03-3106265568ns5:LeaseholdImprovements2024-03-3106265568ns5:FurnitureFittings2024-03-3106265568ns5:MotorVehicles2024-03-3106265568ns5:LeaseholdImprovements2023-03-3106265568ns5:FurnitureFittings2023-03-3106265568ns5:MotorVehicles2023-03-3106265568ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106265568ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106265568ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3106265568ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3106265568ns5:WithinOneYear2024-03-3106265568ns5:WithinOneYear2023-03-3106265568ns5:BetweenOneFiveYears2024-03-3106265568ns5:BetweenOneFiveYears2023-03-3106265568ns5:MoreThanFiveYears2024-03-3106265568ns5:MoreThanFiveYears2023-03-3106265568ns5:AllPeriods2024-03-3106265568ns5:AllPeriods2023-03-3106265568ns5:DeferredTaxation2023-03-3106265568ns5:DeferredTaxation2024-03-3106265568ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 06265568 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

CONTOUR (UK) LIMITED

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONTOUR (UK) LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Burgess
Mrs R Burgess





SECRETARY: D Burgess





REGISTERED OFFICE: 1a Queens Circus
Montpellier
Cheltenham
Gloucestershire
GL50 1RX





REGISTERED NUMBER: 06265568 (England and Wales)





ACCOUNTANTS: S Burgess & Co Ltd
11 Slayleigh Avenue
Sheffield
South Yorkshire
S10 3RA

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 11,704
Tangible assets 5 83,510 98,082
83,510 109,786

CURRENT ASSETS
Stocks 6 39,316 46,757
Debtors 7 37,580 37,939
Cash at bank 41,654 44,388
118,550 129,084
CREDITORS
Amounts falling due within one year 8 151,935 176,155
NET CURRENT LIABILITIES (33,385 ) (47,071 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,125

62,715

CREDITORS
Amounts falling due after more than one
year

9

(27,783

)

(32,834

)

PROVISIONS FOR LIABILITIES 11 (15,867 ) (19,859 )
NET ASSETS 6,475 10,022

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 6,375 9,922
SHAREHOLDERS' FUNDS 6,475 10,022

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:




D Burgess - Director



Mrs R Burgess - Director


CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

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

1. STATUTORY INFORMATION

Contour (UK) 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.

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents net invoiced sales of kitchens, and kitchen appliances, excluding value added tax, and is recognised when the kitchens, and the kitchen appliances, are installed.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Kitchen Displays - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Kitchen displays have not been depreciated in the year, as the net realisable value of the kitchen displays is at least equal to cost.

Stocks
Stock of kitchen displays and miscellaneous kitchen parts are shown at cost. Cost is calculated using the first in, first out formula.

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

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

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

2. ACCOUNTING POLICIES - continued

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.

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.

Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 116,860
AMORTISATION
At 1 April 2023 105,156
Charge for year 11,704
At 31 March 2024 116,860
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 11,704

5. TANGIBLE FIXED ASSETS
Fixtures
Kitchen and Motor
Displays fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 74,789 83,246 25,989 184,024
Additions 3,706 - - 3,706
Disposals (13,447 ) - - (13,447 )
At 31 March 2024 65,048 83,246 25,989 174,283
DEPRECIATION
At 1 April 2023 - 63,422 22,520 85,942
Charge for year - 3,964 867 4,831
At 31 March 2024 - 67,386 23,387 90,773
NET BOOK VALUE
At 31 March 2024 65,048 15,860 2,602 83,510
At 31 March 2023 74,789 19,824 3,469 98,082

6. STOCKS
31.3.24 31.3.23
£    £   
Stocks 39,316 46,757

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 30,580 30,939
Prepayments 7,000 7,000
37,580 37,939

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,052 5,052
Trade creditors 33,417 54,212
Corporation tax 19,968 12,977
Social security and other taxes 1,090 1,009
VAT 11,105 5,087
Other creditors 230 235
Directors' current accounts 2,107 31,439
Accruals & deferred income 78,966 66,144
151,935 176,155

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 27,783 32,834

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 28,000 28,000
Between one and five years 112,000 112,000
In more than five years 77,000 105,000
217,000 245,000

11. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 15,867 19,859

CONTOUR (UK) LIMITED (REGISTERED NUMBER: 06265568)

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

11. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 19,859
Accelerated capital allowances (3,992 )
Balance at 31 March 2024 15,867

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100