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REGISTERED NUMBER: 05548580 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

OPA BATH LTD

OPA BATH LTD (REGISTERED NUMBER: 05548580)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OPA BATH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr S. Miaris





SECRETARY: Mr S. Miaris





REGISTERED OFFICE: 128 Stoke Lane
Westbury-on-Trym
Bristol
BS9 3RJ





REGISTERED NUMBER: 05548580 (England and Wales)





ACCOUNTANTS: LARKOS & PARTNERS
128 STOKE LANE
WESTBURY ON TRYM
BRISTOL
BS9 3RJ

OPA BATH LTD (REGISTERED NUMBER: 05548580)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 444,856 465,104

CURRENT ASSETS
Stocks 5 38,280 38,840
Debtors 6 562,909 441,234
Cash at bank and in hand 104,992 99,833
706,181 579,907
CREDITORS
Amounts falling due within one year 7 151,241 176,304
NET CURRENT ASSETS 554,940 403,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

999,796

868,707

CREDITORS
Amounts falling due after more than one year 8 205,590 90,152
NET ASSETS 794,206 778,555

CAPITAL AND RESERVES
Called up share capital 10 600 600
Retained earnings 11 793,606 777,955
SHAREHOLDERS' FUNDS 794,206 778,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the Director the director and authorised for issue on 8 February 2025 and were signed by:




Mr S. Miaris - Director


OPA BATH LTD (REGISTERED NUMBER: 05548580)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

OPA Bath 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% 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 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.

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.

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 39 (2023 - 34 ) .

OPA BATH LTD (REGISTERED NUMBER: 05548580)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor
leasehold fittings vehicles Totals
£    £    £    £   
COST
At 1 September 2023 187,770 663,497 18,750 870,017
Additions - 26,361 - 26,361
At 31 August 2024 187,770 689,858 18,750 896,378
DEPRECIATION
At 1 September 2023 - 396,710 8,203 404,913
Charge for year - 43,972 2,637 46,609
At 31 August 2024 - 440,682 10,840 451,522
NET BOOK VALUE
At 31 August 2024 187,770 249,176 7,910 444,856
At 31 August 2023 187,770 266,787 10,547 465,104

5. STOCKS
31/8/24 31/8/23
£    £   
Stocks 38,280 38,840

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors - 3,065
Other debtors 552,475 431,380
Sundry Debtors 6,334 4,286
Prepayments 4,100 2,503
562,909 441,234

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 35,980 68,774
Company Credit Card - Amex 4,201 12,591
Corporation Tax 2,285 -
Social security and other taxes 9,577 8,521
VAT 45,158 48,910
Other creditors 33,943 41
Directors' current accounts 18,467 34,857
Accrued expenses 1,630 2,610
151,241 176,304

OPA BATH LTD (REGISTERED NUMBER: 05548580)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans (see note 9) 58,333 90,152
Other loans (see note 9) 147,257 -
205,590 90,152

9. LOANS

An analysis of the maturity of loans is given below:

31/8/24 31/8/23
£    £   
Amounts falling due between one and two years:
Lloyds Loan 147,257 -

Amounts falling due between two and five years:
Bank Loan 2 58,333 90,152

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £    £   
600 Ordinary £1 600 600

11. RESERVES
Retained
earnings
£   

At 1 September 2023 777,955
Profit for the year 15,651
At 31 August 2024 793,606