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REGISTERED NUMBER: 12636293 (England and Wales)










Budget Bathing Ltd

Unaudited Financial Statements

for the Year Ended 31 October 2024






Budget Bathing Ltd (Registered number: 12636293)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Budget Bathing Ltd

Company Information
for the year ended 31 October 2024







DIRECTOR: Mr J C Allen





REGISTERED OFFICE: Unit 1F Sapper Jordan Park
Baildon
Shipley
West Yorkshire
BD17 7AX





REGISTERED NUMBER: 12636293 (England and Wales)





ACCOUNTANTS: Walkers Accountants Limited
Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ

Budget Bathing Ltd (Registered number: 12636293)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
CURRENT ASSETS
Debtors 4 164,863 7,006
Cash at bank 15,446 4,356
180,309 11,362
CREDITORS
Amounts falling due within one year 5 (276,596 ) (13,378 )
NET CURRENT LIABILITIES (96,287 ) (2,016 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(96,287

)

(2,016

)

PROVISIONS FOR LIABILITIES - (383 )
NET LIABILITIES (96,287 ) (2,399 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (96,288 ) (2,400 )
(96,287 ) (2,399 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 and authorised for issue on 11 April 2025 and were signed by:





Mr J C Allen - Director


Budget Bathing Ltd (Registered number: 12636293)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Budget Bathing 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - NIL ) .

Budget Bathing Ltd (Registered number: 12636293)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 7,402 -
Other debtors 157,461 7,006
164,863 7,006

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 213,278 5,107
Taxation and social security 6,893 -
Other creditors 56,425 8,271
276,596 13,378

6. PENSION COMMITMENTS

The company operates a defined contribution scheme for the benefit of the directors and staff. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the funds and amounted to £2,406 (2023 - £Nil).

Budget Bathing Ltd (Registered number: 12636293)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

7. RELATED PARTY DISCLOSURES

SLF Consulting Ltd

A company is which Mr J C Allen is both director and shareholder.

Included within other debtors at the year-end is an amount of £19,767 (2023 - £Nil) due from SLF Consulting Limited. The loan is interest free and repayable on demand.

Included within other creditors at the year-end is an amount of £Nil (2023 - £6,000) due to SLF Consulting Limited. The loan is interest free and payable on demand.

Included within trade creditors at the year end is an amount of £50,000 (2023 - £nil) due to SLF Consulting Limited.


The Walk in Bath Company Limited

A company is which Mr J C Allen is both director and shareholder.

Included within other debtors at the year-end is an amount of £80,998 (2023 - £Nil) due from The Walk In Bath Company Limited. The loan is interest free and repayable on demand.

Included within other creditors at the year-end is an amount of £Nil (2023 - £1,589) due to The Walk In Bath Company Limited. The loan is interest free and payable on demand.

Included in trade creditors at the year end is an amount of £144,386 (2023 - £nil) due to The Walk in Bath Company Limited.

Mobility Bathroom Installations Limited

A company is which Mr J C Allen is both director and shareholder.

Included within other debtors at the year-end is an amount of £3,667 (2023 - £Nil) due from Mobility Bathroom Installations Limited. The loan is interest free and repayable on demand.

8. ULTIMATE PARENT COMPANY

The ultimate parent company of Budget Bathing Limited is Mobility Group Holdings Limited, a company incorporated in Great Britain, which in turn is under the control of J C Allen. The registered office address of the ultimate parent company is Unit 1F Sapper Jordan Rossi Park, Baildon, Shipley, West Yorkshire, BD17 7AX.

Mobility Group Holdings Limited is the controlling entity of the group and holds 100% of the shares in Budget Bathing Limited.

The financial statements of Mobility Group Holdings Limited are available to the public and may be obtained from the registered office.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Budget Bathing Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Budget Bathing Ltd for the year ended 31 October 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Budget Bathing Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Budget Bathing Ltd and state those matters that we have agreed to state to the director of Budget Bathing Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Budget Bathing Ltd and its director for our work or for this report.

It is your duty to ensure that Budget Bathing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Budget Bathing Ltd. You consider that Budget Bathing Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Budget Bathing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Walkers Accountants Limited
Aireside House
Aireside Business Centre
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ


Date: .............................................