IRIS Accounts Production v24.2.0.383 03923683 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039236832023-03-31039236832024-03-31039236832023-04-012024-03-31039236832022-03-31039236832022-04-012023-03-31039236832023-03-3103923683ns15:EnglandWales2023-04-012024-03-3103923683ns14:PoundSterling2023-04-012024-03-3103923683ns10:Director12023-04-012024-03-3103923683ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103923683ns10:SmallEntities2023-04-012024-03-3103923683ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3103923683ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103923683ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103923683ns10:FullAccounts2023-04-012024-03-3103923683ns10:Director22023-04-012024-03-3103923683ns10:RegisteredOffice2023-04-012024-03-3103923683ns5:CurrentFinancialInstruments2024-03-3103923683ns5:CurrentFinancialInstruments2023-03-3103923683ns5:ShareCapital2024-03-3103923683ns5:ShareCapital2023-03-3103923683ns5:RetainedEarningsAccumulatedLosses2024-03-3103923683ns5:RetainedEarningsAccumulatedLosses2023-03-3103923683ns5:LeaseholdImprovements2023-04-012024-03-3103923683ns5:PlantMachinery2023-04-012024-03-3103923683ns5:FurnitureFittings2023-04-012024-03-3103923683ns5:MotorVehicles2023-04-012024-03-3103923683ns5:ComputerEquipment2023-04-012024-03-3103923683ns5:LeaseholdImprovements2023-03-3103923683ns5:PlantMachinery2023-03-3103923683ns5:FurnitureFittings2023-03-3103923683ns5:LeaseholdImprovements2024-03-3103923683ns5:PlantMachinery2024-03-3103923683ns5:FurnitureFittings2024-03-3103923683ns5:LeaseholdImprovements2023-03-3103923683ns5:PlantMachinery2023-03-3103923683ns5:FurnitureFittings2023-03-3103923683ns5:MotorVehicles2023-03-3103923683ns5:ComputerEquipment2023-03-3103923683ns5:MotorVehicles2024-03-3103923683ns5:ComputerEquipment2024-03-3103923683ns5:MotorVehicles2023-03-3103923683ns5:ComputerEquipment2023-03-3103923683ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3103923683ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3103923683ns5:DeferredTaxation2023-03-3103923683ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 03923683 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

HEATH BATHROOMS LIMITED

HEATH BATHROOMS LIMITED (REGISTERED NUMBER: 03923683)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HEATH BATHROOMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J S Dann
R C Dann





REGISTERED OFFICE: 10 Keymer Parade
Keymer Road
Burgess Hill
West Sussex
RH15 0AB





REGISTERED NUMBER: 03923683 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

HEATH BATHROOMS LIMITED (REGISTERED NUMBER: 03923683)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 38,669 45,883

CURRENT ASSETS
Stocks 5 5,000 5,000
Debtors 6 24,610 29,504
Cash at bank and in hand 121,205 103,564
150,815 138,068
CREDITORS
Amounts falling due within one year 7 (104,400 ) (85,274 )
NET CURRENT ASSETS 46,415 52,794
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,084

98,677

PROVISIONS FOR LIABILITIES 8 (6,374 ) (3,264 )
NET ASSETS 78,710 95,413

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,610 95,313
SHAREHOLDERS' FUNDS 78,710 95,413

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 September 2024 and were signed on its behalf by:





R C Dann - Director


HEATH BATHROOMS LIMITED (REGISTERED NUMBER: 03923683)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Heath 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 represents revenue recognised in the accounts excluding value added tax. Services are performed gradually over time so revenue is recognised as the company fulfils its contractual obligations and activity progresses by reference to the value of work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% straight line
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33.3% straight line

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation.

Stocks
Stock is 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

HEATH BATHROOMS LIMITED (REGISTERED NUMBER: 03923683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Office Plant and and
equipment machinery fittings
£    £    £   
COST
At 1 April 2023
and 31 March 2024 474 33,886 11,332
DEPRECIATION
At 1 April 2023 291 31,707 1,700
Charge for year 119 327 1,445
At 31 March 2024 410 32,034 3,145
NET BOOK VALUE
At 31 March 2024 64 1,852 8,187
At 31 March 2023 183 2,179 9,632

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 62,342 2,277 110,311
DEPRECIATION
At 1 April 2023 28,734 1,996 64,428
Charge for year 5,042 281 7,214
At 31 March 2024 33,776 2,277 71,642
NET BOOK VALUE
At 31 March 2024 28,566 - 38,669
At 31 March 2023 33,608 281 45,883

5. STOCKS
2024 2023
£    £   
Inventories 5,000 5,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 24,610 29,504

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 45,670 20,003
Taxation and social security 11,667 21,948
Other creditors 47,063 43,323
104,400 85,274

HEATH BATHROOMS LIMITED (REGISTERED NUMBER: 03923683)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 6,374 3,264

Deferred
tax
£   
Balance at 1 April 2023 3,264
Movement in year 3,110
Balance at 31 March 2024 6,374

9. RELATED PARTY DISCLOSURES

During the year the company rented a property. The two Directors, Mr J S Dann and Mr R C Dann jointly own this property.