SLEEPING BUBBLES LTD

Company Registration Number:
12248068 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

SLEEPING BUBBLES LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SLEEPING BUBBLES LTD

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

The director presents his report and accounts for the year ended 31 October 2024. Principal Activities The principal activity of the company during the year continued to be the development and operation of glamping accommodation experiences, consultancy in eco-tourism and off-grid solutions, and small-scale trading of related equipment and services. Director Paulo JAMECE held office during the whole of the period.



Directors

The director shown below has held office during the whole of the period from
1 November 2023 to 31 October 2024

Paulo jamece


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 April 2025

And signed on behalf of the board by:
Name: Paulo jamece
Status: Director

SLEEPING BUBBLES LTD

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 1,838 692
Cost of sales: 0 0
Gross profit(or loss): 1,838 692
Distribution costs: 0 0
Administrative expenses: ( 12,900 ) ( 40,512 )
Other operating income: 4,681 25,788
Operating profit(or loss): (6,381) (14,032)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 ( 946 )
Profit(or loss) before tax: (6,381) (14,978)
Tax: 0 0
Profit(or loss) for the financial year: (6,381) (14,978)

SLEEPING BUBBLES LTD

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,502 8,502
Investments:   0 0
Total fixed assets: 6,502 8,502
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 113 215
Investments:   0 0
Total current assets: 113 215
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 26,500 ) ( 27,513 )
Net current assets (liabilities): (26,387) (27,298)
Total assets less current liabilities: (19,885) ( 18,796)
Creditors: amounts falling due after more than one year: 5 ( 65,704 ) ( 65,704 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 1,400 ) ( 1,400 )
Total net assets (liabilities): (86,989) (85,900)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (86,990 ) (85,901 )
Total Shareholders' funds: ( 86,989 ) (85,900)

The notes form part of these financial statements

SLEEPING BUBBLES LTD

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 April 2025
and signed on behalf of the board by:

Name: Paulo jamece
Status: Director

The notes form part of these financial statements

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the total value of income generated by the company from its principal activities during the financial year, excluding VAT. Turnover is recognised as follows: Revenue from services (e.g., glamping stays, consultancy, rentals) is recognised when the service is provided and the customer has received the benefit. Deposits or advance bookings are only recognised as turnover once the service is fulfilled. Other income, such as director contributions or ad hoc payments, is classified separately from turnover and disclosed accordingly.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets in order to write off their cost, less estimated residual value, over their expected useful economic lives. Depreciation is charged on a straight-line basis as follows: Glamping structures & accommodation units (e.g., bubbles, domes) – 20% per annum (5-year useful life) Fixtures, fittings & equipment – 25% per annum (4-year useful life) IT & office equipment – 33% per annum (3-year useful life) Assets are depreciated from the month of acquisition and reviewed annually for impairment or changes in estimated life.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are stated at cost less accumulated amortisation and any provision for impairment. Amortisation is provided to write off the cost of each asset on a straight-line basis over its estimated useful economic life, as follows: Website development and branding – 3 years (33.3% per annum) Licences and software – 3 to 5 years depending on terms Other intangible assets – assessed individually based on expected benefit period The company reviews intangible assets annually for impairment and adjusts amortisation accordingly.

    Valuation information and policy

    Assets and liabilities are initially recognised at historical cost, which is deemed to be the fair value of the consideration given or received at the time of acquisition. The company does not revalue its tangible or intangible fixed assets. Instead, assets are carried at cost less accumulated depreciation or amortisation and any provision for impairment. No fair value adjustments or mark-to-market valuations are applied.

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 3,000 2,500 3,002 8,502
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 3,000 2,500 3,002 8,502
Depreciation
At 1 November 2023 0 0 0 0
Charge for year 1,250 500 250 2,000
On disposals
Other adjustments
At 31 October 2024 1,250 500 250 2,000
Net book value
At 31 October 2024 1,750 2,000 2,752 6,502
At 31 October 2023 3,000 2,500 3,002 8,502

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 4,000 4,000
Taxation and social security 0 0
Accruals and deferred income 1,400 1,400
Other creditors 21,100 22,113
Total 26,500 27,513

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 65,704 65,704
Total 65,704 65,704

SLEEPING BUBBLES LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Loans to directors

Name of director receiving advance or credit: Paulo jamece
Description of the transaction:
Advance provided for personal car expenses, travel, and general company expense payments used as working capital. No interest charged and no fixed repayment date.
£
Balance at 31 October 2023 16,709
Advances or credits made: 1,500
Advances or credits repaid:
Balance at 31 October 2024 18,209