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REGISTERED NUMBER: 08916872 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 July 2024

for

The Bear Bath Ltd

The Bear Bath Ltd (Registered number: 08916872)






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




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 4


The Bear Bath Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr J Sarsby
Mr J A Townend





REGISTERED OFFICE: 210 North Street
Bedminster
Bristol
City of Bristol
BS3 1JF





REGISTERED NUMBER: 08916872 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

The Bear Bath Ltd (Registered number: 08916872)

Income Statement
for the Year Ended 31 July 2024

31.7.24 31.7.23
Notes £    £   

TURNOVER 1,023,748 879,444

Cost of sales (728,259 ) (643,129 )
GROSS PROFIT 295,489 236,315

Administrative expenses (252,087 ) (260,637 )
OPERATING PROFIT/(LOSS) 4 43,402 (24,322 )

Interest receivable and similar income 866 403
44,268 (23,919 )

Interest payable and similar expenses (2,833 ) (25,797 )
PROFIT/(LOSS) BEFORE TAXATION 41,435 (49,716 )

Tax on profit/(loss) (28,454 ) 10,103
PROFIT/(LOSS) FOR THE FINANCIAL YEAR 12,981 (39,613 )

The Bear Bath Ltd (Registered number: 08916872)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 219,997 233,946
219,997 233,946

CURRENT ASSETS
Stocks 11,662 13,697
Debtors 7 17,180 47,538
Cash at bank and in hand 7,902 8,606
36,744 69,841
CREDITORS
Amounts falling due within one year 8 288,548 334,938
NET CURRENT LIABILITIES (251,804 ) (265,097 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,807 ) (31,151 )

CREDITORS
Amounts falling due after more than one year 9 11,363 25,000
NET LIABILITIES (43,170 ) (56,151 )

CAPITAL AND RESERVES
Called up share capital 11 4 4
Retained earnings 12 (43,174 ) (56,155 )
SHAREHOLDERS' FUNDS (43,170 ) (56,151 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





Mr J Sarsby - Director


The Bear Bath Ltd (Registered number: 08916872)

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

1. STATUTORY INFORMATION

The Bear 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.

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.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over remaining period of lease
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33.33% on cost

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.

Going concern
The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

The Bear Bath Ltd (Registered number: 08916872)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 24 ) .

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

31.7.24 31.7.23
£    £   
Depreciation - owned assets 12,360 12,914

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 August 2023
and 31 July 2024 2,500
AMORTISATION
At 1 August 2023
and 31 July 2024 2,500
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

6. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 August 2023 1,272 197,056 44,338
Additions - - 1,529
Disposals - - (6,444 )
At 31 July 2024 1,272 197,056 39,423
DEPRECIATION
At 1 August 2023 1,272 15,324 19,654
Charge for year - 3,747 3,839
Eliminated on disposal - - (3,968 )
At 31 July 2024 1,272 19,071 19,525
NET BOOK VALUE
At 31 July 2024 - 177,985 19,898
At 31 July 2023 - 181,732 24,684

The Bear Bath Ltd (Registered number: 08916872)

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

6. TANGIBLE FIXED ASSETS - continued

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 67,403 12,492 322,561
Additions 527 208 2,264
Disposals (3,520 ) - (9,964 )
At 31 July 2024 64,410 12,700 314,861
DEPRECIATION
At 1 August 2023 41,057 11,308 88,615
Charge for year 4,018 756 12,360
Eliminated on disposal (2,143 ) - (6,111 )
At 31 July 2024 42,932 12,064 94,864
NET BOOK VALUE
At 31 July 2024 21,478 636 219,997
At 31 July 2023 26,346 1,184 233,946

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 17,180 18,759
Deferred tax asset - 28,454
Prepayments - 325
17,180 47,538

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other loans (see note 10) 13,636 13,636
Trade creditors 17,098 35,617
Social security and other taxes 4,092 12,044
VAT 74,939 72,883
Other creditors 732 21,470
Directors' current accounts 169,843 169,252
Accrued expenses 8,208 10,036
288,548 334,938

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Other loans (see note 10) 11,363 25,000

The Bear Bath Ltd (Registered number: 08916872)

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

10. LOANS

An analysis of the maturity of loans is given below:

31.7.24 31.7.23
£    £   
Amounts falling due within one year or on demand:
Other loans 13,636 13,636

Amounts falling due between one and two years:
Other loans - 1-2 years 11,363 25,000

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
4 Ordinary £1 4 4

12. RESERVES
Retained
earnings
£   

At 1 August 2023 (56,155 )
Profit for the year 12,981
At 31 July 2024 (43,174 )

13. OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company had financial commitments in the form of a rental lease of £333,977 (2023 - £399,767).