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REGISTERED NUMBER: 07525330 (England and Wales)















The Dressing Room (Bath) Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2024






The Dressing Room (Bath) Limited (Registered number: 07525330)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


The Dressing Room (Bath) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs T G Brand



REGISTERED OFFICE: 7 Quiet Street
Bath
BA1 2JU



REGISTERED NUMBER: 07525330 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: HSBC Bank plc
45 Milsom Street
Bath
North Somerset
BA1 1DU

The Dressing Room (Bath) Limited (Registered number: 07525330)

Abridged Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 5,280
Tangible assets 6 1,107 1,419
1,107 6,699

CURRENT ASSETS
Stocks 107,432 98,976
Debtors 3,231 4,957
Cash at bank and in hand 38,938 55,352
149,601 159,285
CREDITORS
Amounts falling due within one year 93,187 112,902
NET CURRENT ASSETS 56,414 46,383
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,521

53,082

CREDITORS
Amounts falling due after more than one year (3,180 ) (5,833 )

PROVISIONS FOR LIABILITIES (211 ) (270 )
NET ASSETS 54,130 46,979

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,030 46,879
SHAREHOLDERS' FUNDS 54,130 46,979

The Dressing Room (Bath) Limited (Registered number: 07525330)

Abridged Statement of Financial Position - continued
31 March 2024


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 director acknowledges her 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 November 2024 and were signed by:





Mrs T G Brand - Director


The Dressing Room (Bath) Limited (Registered number: 07525330)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Dressing Room (Bath) 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of fifteen years.

Goodwill purchased in 2011 was previously recognised over its useful economic life of fifteen years. As a result of the transition to FRS 102, this useful economic life was determined as ten years from the date of transition.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on reducing balance and 15% on reducing balance

Stocks
Stocks are 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 statement of financial position date.


The Dressing Room (Bath) Limited (Registered number: 07525330)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 66,000
AMORTISATION
At 1 April 2023 60,720
Amortisation for year 5,280
At 31 March 2024 66,000
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 5,280

The Dressing Room (Bath) Limited (Registered number: 07525330)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 5,520
Additions 324
Disposals (1,686 )
At 31 March 2024 4,158
DEPRECIATION
At 1 April 2023 4,101
Charge for year 347
Eliminated on disposal (1,397 )
At 31 March 2024 3,051
NET BOOK VALUE
At 31 March 2024 1,107
At 31 March 2023 1,419

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 5,835 8,422

The bank loan is a government backed bounce back loan.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs T G Brand.

The company was controlled throughout the current and previous period by the above director by virtue of the fact that she owns the majority of the company's issued share capital.