2024-04-01 SC283339 2025-03-31 SC283339 2024-04-01 2025-03-31 SC283339 2024-03-31 SC283339 2023-04-01 2024-03-31 SC283339 uk-core:WithinOneYear 2024-03-31 SC283339 uk-core:WithinOneYear 2025-03-31 SC283339 uk-core:AfterOneYear 2024-03-31 SC283339 uk-core:AfterOneYear 2025-03-31 SC283339 uk-core:ShareCapital 2025-03-31 SC283339 uk-core:ShareCapital 2024-03-31 SC283339 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC283339 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC283339 uk-bus:Director1 2024-04-01 2025-03-31 SC283339 uk-core:NetGoodwill 2024-04-01 2025-03-31 SC283339 uk-core:Buildings 2024-04-01 2025-03-31 SC283339 uk-core:PlantMachinery 2024-04-01 2025-03-31 SC283339 uk-core:ToolsEquipment 2024-04-01 2025-03-31 SC283339 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 SC283339 uk-core:FurnitureFittings 2024-04-01 2025-03-31 SC283339 uk-core:Goodwill 2024-03-31 SC283339 uk-core:Goodwill 2025-03-31 SC283339 uk-core:ToolsEquipment 2024-03-31 SC283339 uk-core:FurnitureFittings 2024-03-31 SC283339 uk-core:CommercialMotorVehicles 2024-03-31 SC283339 uk-core:PlantMachinery 2024-03-31 SC283339 uk-core:Buildings 2024-03-31 SC283339 uk-core:Buildings 2025-03-31 SC283339 uk-core:CommercialMotorVehicles 2025-03-31 SC283339 uk-core:FurnitureFittings 2025-03-31 SC283339 uk-core:ToolsEquipment 2025-03-31 SC283339 uk-core:PlantMachinery 2025-03-31 SC283339 uk-core:WithinOneYear 2025-03-31 SC283339 uk-core:WithinOneYear 2024-03-31 SC283339 uk-core:AfterOneYear uk-core:Secured 2025-03-31 SC283339 uk-core:AfterOneYear uk-core:Secured 2024-03-31 SC283339 uk-core:AfterOneYear 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure SC283339 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC283339 uk-bus:FRS102 2024-04-01 2025-03-31 SC283339 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 SC283339 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
Bathrooms Continental Limited
Registered Number:SC283339
For the year ended 31 March 2025
Scotland
Report of the Directors and Unaudited Financial Statements
2
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
3
Registered Number :
SC283339
As at 31 March 2025
Bathrooms Continental Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
62,773
69,783
3
62,773
69,783
Current assets
Inventories
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
Capital and reserves
Called up share capital
100
100
Retained earnings
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.
Mr Roy Bennett Director
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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4
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.
Registered address:
411 Hillington Road
Hillington Industrial Estate
Glasgow
G52 4BL
The presentation currency is £ sterling.
1. Accounting policies
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
20% Straight line
Plant and machinery
25% Reducing balance
33.33% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
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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5
For the year ended 31 March 2025
Bathrooms Continental Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2024
150,000
At 31 March 2025
150,000
Amortisation
At 01 April 2024
150,000
At 31 March 2025
150,000
Net book value
At 31 March 2025
-
At 31 March 2024
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Freehold
improvements
£
£
£
£
£
£
Cost or valuation
At 01 April 2024
292,327
12,366
142,535
41,054
54,622
41,750
14,414
1,373
13,041
-
-
-
Additions
At 31 March 2025
41,750
41,054
155,576
13,739
306,741
54,622
Provision for depreciation and impairment
At 01 April 2024
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
-
At 31 March 2025
243,968
10,722
115,583
33,747
42,166
41,750
At 31 March 2025
Net book value
-
12,456
7,307
39,993
3,017
62,773
-
16,608
9,742
40,283
3,150
69,783
At 31 March 2024
4. Inventories
2024
2025
£
£
Stocks
234,414
159,890
5. Trade and other receivables
2024
2025
£
£
Other debtors
11,277
9,901
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6
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
£
£
Bank loans and overdraft
20,000
20,000
Trade creditors
60,633
45,299
Taxation and social security
55,497
58,333
Other creditors
36,299
22,838
172,429
146,470
7. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
18,333
38,333
Other creditors
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
Lease 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
Within 1 year
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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