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REGISTERED NUMBER: SC321734 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BED STOP (STIRLING) LIMITED

BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 269,470 271,754

CURRENT ASSETS
Stocks 5 8,235 9,110
Debtors 6 38,412 79,225
Cash at bank 27,570 56,681
74,217 145,016
CREDITORS
Amounts falling due within one year 7 211,468 303,043
NET CURRENT LIABILITIES (137,251 ) (158,027 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,219

113,727

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 132,218 113,726
SHAREHOLDERS' FUNDS 132,219 113,727

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 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.

BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)

BALANCE SHEET - continued
30 June 2024



The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





G Cummings - Director


BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Bed Stop (Stirling) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC321734

Registered office: 23 Glen Douglas Drive
Cumbernauld
Glasgow
G68 0DW

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 and revenue recognition
Turnover represents net invoiced sales of home furniture, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

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 - 20% on reducing balance
Motor vehicles - 20% 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.

Financial instruments
The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their
settlement value.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 8 ) .

BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 260,340 11,276 22,200 293,816
DEPRECIATION
At 1 July 2023 - 10,780 11,282 22,062
Charge for year - 100 2,184 2,284
At 30 June 2024 - 10,880 13,466 24,346
NET BOOK VALUE
At 30 June 2024 260,340 396 8,734 269,470
At 30 June 2023 260,340 496 10,918 271,754

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks 8,235 9,110

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 28,734 79,225
VAT 9,678 -
38,412 79,225

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans (see note 8) 150,502 159,462
Trade creditors 22,422 71,400
Tax 3,791 7,193
Social security and other taxes (1,450 ) (2,137 )
VAT - 255
Directors' current accounts - 26,164
Accrued expenses 36,203 40,706
211,468 303,043

BED STOP (STIRLING) LIMITED (REGISTERED NUMBER: SC321734)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

8. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Other loans 150,502 159,462

9. ULTIMATE CONTROLLING PARTY

The company is wholly owned and controlled by the director.