| Bathrooms Continental Limited |
| Registered Number:SC283339 |
For the year ended 31 March 2025
Scotland
Report of the Directors and Unaudited Financial Statements
For the year ended 31 March 2025
Bathrooms Continental Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Bathrooms Continental Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
62,773
69,783
3
62,773
69,783
159,890
234,414
4
| Trade and other receivables |
9,901
11,277
5
40,632
| Cash and cash equivalents |
19,748
265,439
210,423
| Trade and other payables: amounts falling due within one year |
(146,470)
(172,429)
6
63,953
93,010
Net current assets
| Total assets less current liabilities |
155,783
133,736
| Trade and other payables: amounts falling due after more than |
| one year |
(50,677)
(26,665)
7
129,118
Net assets
83,059
100
100
129,018
82,959
129,118
83,059
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 19 May 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Bathrooms Continental Limited
Notes to the Financial Statements
Statutory Information
| Bathrooms Continental Limited is a private limited company, limited by shares, domiciled in Scotland, registration number |
| SC283339. |
411 Hillington Road
Hillington Industrial Estate
Glasgow
G52 4BL
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| There were no material departures from that standard. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets to fair value where required. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Freehold improvements
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
Financial Instruments
| The Company has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial |
| Instruments Issues" of FRS 102 to all of its financial instruments. |
| Financial instruments are recognised in the company's statement of financial position when the company becomes party to |
| the contractual provisions of a financial instrument. |
| Basic financial instruments, including trade and other receivables, cash and bank balances, trade and other payables, bank |
| and other loans are initially measured at transaction price and subsequently carried at amortised cost. Financial assets and |
| liabilities classified as receivable/payable within one year are not amortised. |
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For the year ended 31 March 2025
Bathrooms Continental Limited
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
150,000
150,000
150,000
150,000
-
-
| 3. Property, plant and equipment |
Motor vehicles
292,327
12,366
142,535
41,054
54,622
41,750
14,414
1,373
13,041
-
-
-
41,750
41,054
155,576
13,739
306,741
54,622
| Provision for depreciation and impairment |
222,544
9,216
102,252
31,312
38,014
41,750
Charge for year
21,424
1,506
13,331
2,435
4,152
-
243,968
10,722
115,583
33,747
42,166
41,750
-
12,456
7,307
39,993
3,017
62,773
-
16,608
9,742
40,283
3,150
69,783
2024
2025
234,414
159,890
| 5. Trade and other receivables |
2024
2025
11,277
9,901
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For the year ended 31 March 2025
Bathrooms Continental Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
20,000
20,000
60,633
45,299
| Taxation and social security |
55,497
58,333
36,299
22,838
172,429
146,470
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
18,333
38,333
8,332
12,344
26,665
50,677
| The director is owed £3,250 from the Company at 31st March 2025. This is a non-interest bearing loan and there are no fixed repayment terms. |
| 8. Related party transactions |
Mr Roy Bennett is the Company's controlling party.
| 9. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
2024
2025
| Operating leases which expire: |
3,800
3,400
3,800
3,400
| 10. Average number of persons employed |
During the year the average number of employees was 12 (2024 : 14)
| 11. Transition to FRS 102 |
| The financial statements for the year ended 31 March 2025 of Bathrooms Continental Limited comply with FRS102 (The |
| Financial Reporting Standard applicable in the UK and ROI). |
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