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REGISTERED NUMBER: 04781543 (England and Wales)










Report of the Directors and


Abridged Financial Statements for the Year Ended 30 June 2024

for

The Kitchen And Bedroom Warehouse Ltd

The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Directors 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


The Kitchen And Bedroom Warehouse Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs M Curd
D M Curd





REGISTERED OFFICE: 36 Canal Street
Derby
DE1 2RJ





REGISTERED NUMBER: 04781543 (England and Wales)





ACCOUNTANTS: NRB Accountancy Limited
40 Market Place
Belper
Derbyshire
DE56 1FZ

The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)

Report of the Directors
for the Year Ended 30 June 2024

The directors present their report with the financial statements of the company for the year ended 30 June 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

Mrs M Curd
D M Curd

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D M Curd - Director


15 August 2024

The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 20,000
Tangible assets 5 3,154 4,205
23,154 24,205

CURRENT ASSETS
Stocks 69,645 98,490
Debtors 1,313 1,313
Cash at bank and in hand 72,831 25,471
143,789 125,274
CREDITORS
Amounts falling due within one year 87,440 106,465
NET CURRENT ASSETS 56,349 18,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,503

43,014

CAPITAL AND RESERVES
Called up share capital 51 51
Retained earnings 79,452 42,963
SHAREHOLDERS' FUNDS 79,503 43,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)

Abridged Balance Sheet - continued
30 June 2024


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 Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 August 2024 and were signed on its behalf by:





D M Curd - Director


The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

The Kitchen And Bedroom Warehouse 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.

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 - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

The Kitchen And Bedroom Warehouse Ltd (Registered number: 04781543)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 20,000
NET BOOK VALUE

At 30 June 2024 20,000
At 30 June 2023 20,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 23,190
DEPRECIATION
At 1 July 2023 18,985
Charge for year 1,051
At 30 June 2024 20,036
NET BOOK VALUE
At 30 June 2024 3,154
At 30 June 2023 4,205

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors, Mr and Mrs D Curd, introduced funds to and withdrew funds from the company by way of a director's loan account. This loan is interest free and repayable upon demand. At the year end the company owed the directors £60,937 (2023: £66,492) and this amount is included in creditors.