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REGISTERED NUMBER: 08960631 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

London Essex Hot Tubs Ltd

London Essex Hot Tubs Ltd (Registered number: 08960631)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

London Essex Hot Tubs Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: C M Vlad
J J White
M D Woodward





REGISTERED OFFICE: 28 Woodside Commercial Estate
Thornwood, Epping
Essex
CM16 6LJ





REGISTERED NUMBER: 08960631 (England and Wales)





ACCOUNTANTS: Stonebridge
Chartered Certified Accountants
Statutory Auditors
337 High Road
Ilford
Essex
IG1 1TE

London Essex Hot Tubs Ltd (Registered number: 08960631)

Balance Sheet
31 October 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,417 195,032

CURRENT ASSETS
Stocks 1,110,532 1,177,885
Debtors 5 20,237 69,499
Cash at bank and in hand 39,893 78,234
1,170,662 1,325,618
CREDITORS
Amounts falling due within one year 6 929,693 935,246
NET CURRENT ASSETS 240,969 390,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,386

585,404

CREDITORS
Amounts falling due after more than one
year

7

25,833

35,833
NET ASSETS 330,553 549,571

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 330,353 549,371
SHAREHOLDERS' FUNDS 330,553 549,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

London Essex Hot Tubs Ltd (Registered number: 08960631)

Balance Sheet - continued
31 October 2023


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 24 October 2024 and were signed on its behalf by:





C M Vlad - Director


London Essex Hot Tubs Ltd (Registered number: 08960631)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

London Essex Hot Tubs Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 303,997
Additions 8,860
Disposals (65,924 )
At 31 October 2023 246,933
DEPRECIATION
At 1 November 2022 108,965
Charge for year 22,551
At 31 October 2023 131,516
NET BOOK VALUE
At 31 October 2023 115,417
At 31 October 2022 195,032

London Essex Hot Tubs Ltd (Registered number: 08960631)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. DEBTORS
31/10/23 31/10/22
£    £   
Amounts falling due within one year:
Trade debtors (755,760 ) (493,546 )
Other debtors 730,997 518,045
(24,763 ) 24,499

Amounts falling due after more than one year:
Other debtors 45,000 45,000

Aggregate amounts 20,237 69,499

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade creditors 140,124 256,485
Taxation and social security 97,989 76,276
Other creditors 691,580 602,485
929,693 935,246

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/23 31/10/22
£    £   
Other creditors 25,833 35,833

8. OTHER FINANCIAL COMMITMENTS

There is currently an outstanding floating charge & negative pledge, entitled to Funding Circle Eclipse Lending Limited, over the undertaking and property of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors is an amount of £316 (2022: £316) owed to the directors.

10. RELATED PARTY DISCLOSURES

The directors, C M Vlad & M D Woodward are also directors of the company, Images4Interiors Limited, to which management charges of: £154,554 (2022: £111,150) were paid during the year.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
London Essex Hot Tubs Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of London Essex Hot Tubs Ltd for the year ended 31 October 2023 which comprise the Income Statement, 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 Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of London Essex Hot Tubs Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of London Essex Hot Tubs Ltd and state those matters that we have agreed to state to the Board of Directors of London Essex Hot Tubs Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that London Essex Hot Tubs 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 loss of London Essex Hot Tubs Ltd. You consider that London Essex Hot Tubs Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of London Essex Hot Tubs 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.






Stonebridge
Chartered Certified Accountants
Statutory Auditors
337 High Road
Ilford
Essex
IG1 1TE


Date: .............................................