Acorah Software Products - Accounts Production 16.0.110 false true true false 23 February 2023 29 February 2024 29 February 2024 14685219 Mr Chris Longhurst Mr Garry Bellott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14685219 2023-02-22 14685219 2024-02-29 14685219 2023-02-23 2024-02-29 14685219 frs-core:CurrentFinancialInstruments 2024-02-29 14685219 frs-core:FurnitureFittings 2024-02-29 14685219 frs-core:FurnitureFittings 2023-02-23 2024-02-29 14685219 frs-core:FurnitureFittings 2023-02-22 14685219 frs-core:ShareCapital 2024-02-29 14685219 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 14685219 frs-bus:PrivateLimitedCompanyLtd 2023-02-23 2024-02-29 14685219 frs-bus:FilletedAccounts 2023-02-23 2024-02-29 14685219 frs-bus:SmallEntities 2023-02-23 2024-02-29 14685219 frs-bus:AuditExemptWithAccountantsReport 2023-02-23 2024-02-29 14685219 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-23 2024-02-29 14685219 frs-bus:Director1 2023-02-23 2024-02-29 14685219 frs-bus:Director2 2023-02-23 2024-02-29 14685219 frs-countries:EnglandWales 2023-02-23 2024-02-29
Registered number: 14685219
Kitchen Bathroom & Tile Co Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
In accordance with the engagement letter dated 22 February 2023, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 29 February 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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 financial statements.
Signed
12/11/2024
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Page 1
Page 2
Balance Sheet
Registered number: 14685219
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 26,125
26,125
CURRENT ASSETS
Debtors 5 15,261
Cash at bank and in hand 723
15,984
Creditors: Amounts Falling Due Within One Year 6 (55,623 )
NET CURRENT ASSETS (LIABILITIES) (39,639 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,514 )
NET LIABILITIES (13,514 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (13,614 )
SHAREHOLDERS' FUNDS (13,514)
For the year ending 29 February 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Garry Bellott
Director
12/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Kitchen Bathroom & Tile Co Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14685219 . The registered office is 1st & 2nd Floor, 2 West Street, Ware, Hertfordshire, SG12 9EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 3 Year Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 23 February 2023 -
Additions 38,992
As at 29 February 2024 38,992
Depreciation
As at 23 February 2023 -
Provided during the period 12,867
As at 29 February 2024 12,867
Net Book Value
As at 29 February 2024 26,125
As at 23 February 2023 -
Page 3
Page 4
5. Debtors
2024
£
Due within one year
Trade debtors 12,746
Other debtors 2,050
VAT 465
15,261
6. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 1,779
Bank loans and overdrafts 4,480
Accruals and deferred income 27,124
Directors' loan accounts 14,940
Amounts owed to associates 7,300
55,623
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
8. Related Party Transactions
C&G BATHROOM SOLUTIONS LIMITED (10008199)Associate Under Common ControlDuring the year, C&G Bathroom Solutions charged management fees totaling £23,450. At the year end, an amount of £7,300 was outstanding to C&G Bathroom Solutions Limited. These transactions were conducted on an arm's length basis and under normal market conditions.

C&G BATHROOM SOLUTIONS LIMITED (10008199)

Associate Under Common Control

During the year, C&G Bathroom Solutions charged management fees totaling £23,450. At the year end, an amount of £7,300 was outstanding to C&G Bathroom Solutions Limited. These transactions were conducted on an arm's length basis and under normal market conditions.

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