Company Registration No. 13147990 (England and Wales)
MY BATHROOM RENOVATION LIMITED
Unaudited accounts
for the year ended 31 January 2024
MY BATHROOM RENOVATION LIMITED
Unaudited accounts
Contents
MY BATHROOM RENOVATION LIMITED
Company Information
for the year ended 31 January 2024
Company Number
13147990 (England and Wales)
Registered Office
14 Arrowsmith Close
Chigwell
IG7 4PL
ENGLAND
Accountants
Bainton Swift Accountancy
4 Birch Close, Snettisham
Snettisham
King's Lynn
Norfolk
PE31 7RP
MY BATHROOM RENOVATION LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
34,504
39,585
Cash at bank and in hand
6,036
17,698
Creditors: amounts falling due within one year
(7,346)
4,651
Net current assets
2,690
26,349
Total assets less current liabilities
37,194
65,934
Creditors: amounts falling due after more than one year
(21,103)
(24,714)
Called up share capital
1
1
Profit and loss account
16,090
41,219
Shareholders' funds
16,091
41,220
For the year ending 31 January 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 10 July 2024 and were signed on its behalf by
Mykola Yuzkiv
Director
Company Registration No. 13147990
MY BATHROOM RENOVATION LIMITED
Notes to the Accounts
for the year ended 31 January 2024
MY BATHROOM RENOVATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13147990. The registered office is 14 Arrowsmith Close, Chigwell, IG7 4PL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line
Motor vehicles
10% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
MY BATHROOM RENOVATION LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
5,774
37,269
1,340
44,383
At 31 January 2024
6,796
37,269
1,340
45,405
At 1 February 2023
623
3,462
713
4,798
Charge for the year
1,405
3,776
922
6,103
At 31 January 2024
2,028
7,238
1,635
10,901
At 31 January 2024
4,768
30,031
(295)
34,504
At 31 January 2023
5,151
33,807
627
39,585
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,024
-
Loans from directors
2,936
(912)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,103
24,714
£911 was due to the company at the end of the period (2022: £1,077)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).