Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-282023-11-282022-11-29Other specialised construction activities not elsewhere classifiedfalsetrue11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08790738 2022-11-29 2023-11-28 08790738 2021-11-29 2022-11-28 08790738 2023-11-28 08790738 2022-11-28 08790738 c:Director1 2022-11-29 2023-11-28 08790738 d:CurrentFinancialInstruments 2023-11-28 08790738 d:CurrentFinancialInstruments 2022-11-28 08790738 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-28 08790738 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-28 08790738 d:ShareCapital 2023-11-28 08790738 d:ShareCapital 2022-11-28 08790738 d:RetainedEarningsAccumulatedLosses 2023-11-28 08790738 d:RetainedEarningsAccumulatedLosses 2022-11-28 08790738 c:FRS102 2022-11-29 2023-11-28 08790738 c:AuditExemptWithAccountantsReport 2022-11-29 2023-11-28 08790738 c:FullAccounts 2022-11-29 2023-11-28 08790738 c:PrivateLimitedCompanyLtd 2022-11-29 2023-11-28 08790738 e:PoundSterling 2022-11-29 2023-11-28 iso4217:GBP xbrli:pure

Registered number: 08790738









DELUX BATHROOMS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 NOVEMBER 2023

 
DELUX BATHROOMS LTD
 
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DELUX BATHROOMS LTD
FOR THE YEAR ENDED 28 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Delux Bathrooms Ltd for the year ended 28 November 2023 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the director of Delux Bathrooms Ltd in accordance with the terms of our engagement letter dated 23 August 2024Our work has been undertaken solely to prepare for your approval the financial statements of Delux Bathrooms Ltd and state those matters that we have agreed to state to the director of Delux Bathrooms Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Delux Bathrooms Ltd and its director for our work or for this report. 

It is your duty to ensure that Delux Bathrooms Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Delux Bathrooms Ltd. You consider that Delux Bathrooms Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Delux Bathrooms Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Fraser Russell Limited
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP

23 August 2024
Page 1

 
DELUX BATHROOMS LTD
REGISTERED NUMBER: 08790738

BALANCE SHEET
AS AT 28 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
79,258
123,984

Debtors: amounts falling due within one year
 4 
2,183
36,011

Cash at bank and in hand
 5 
824,302
106,399

  
905,743
266,394

Creditors: amounts falling due within one year
 6 
(529,387)
(68,924)

Net current assets
  
 
 
376,356
 
 
197,470

Total assets less current liabilities
  
376,356
197,470

  

Net assets
  
376,356
197,470


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
376,256
197,370

  
376,356
197,470


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 August 2024.




Hanfeng Ma
Director
Page 2

 
DELUX BATHROOMS LTD
REGISTERED NUMBER: 08790738
    
BALANCE SHEET (CONTINUED)
AS AT 28 NOVEMBER 2023


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
DELUX BATHROOMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 NOVEMBER 2023

1.


General information

Delux Bathrooms Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration number of 08790738. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, England, B16 8SP. The principal activity of the company in the year under review was that of other specialised construction activities not elsewhere classified.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
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.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

Page 4

 
DELUX BATHROOMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 NOVEMBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
DELUX BATHROOMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
2,183
36,011
Page 6

 
DELUX BATHROOMS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 NOVEMBER 2023

4.Debtors (continued)


2,183
36,011



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
824,302
106,399

824,302
106,399



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
48,740
57,952

Corporation tax
43,300
-

Other taxation and social security
29,383
4,752

Other creditors
402,816
1,072

Accruals and deferred income
5,148
5,148

529,387
68,924



7.


Related party transactions

During the period, the company transacted with Sunny Showers Limited for goods and services with
a net amount of £400,000. At the balance sheet date, the company owed £400,000 (2022: £nil) which is shown in Other creditors due within one year.

The above balance is payable on demand and therefore there are no significant differences between the
value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.


8.


Controlling party

During the year the company was under the control of its director Hanfeng Ma.

 
Page 7