Caseware UK (AP4) 2024.0.164 2024.0.164 2024-02-292024-02-29falsetrue2023-03-01falseOther retail sale of new goods in specialised stores (not commercial art galleries and opticians)2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12445483 2023-03-01 2024-02-29 12445483 2022-03-01 2023-02-28 12445483 2024-02-29 12445483 2023-02-28 12445483 c:Director2 2023-03-01 2024-02-29 12445483 d:PlantMachinery 2023-03-01 2024-02-29 12445483 d:PlantMachinery 2024-02-29 12445483 d:PlantMachinery 2023-02-28 12445483 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 12445483 d:FurnitureFittings 2023-03-01 2024-02-29 12445483 d:FurnitureFittings 2024-02-29 12445483 d:FurnitureFittings 2023-02-28 12445483 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 12445483 d:ComputerEquipment 2023-03-01 2024-02-29 12445483 d:ComputerEquipment 2024-02-29 12445483 d:ComputerEquipment 2023-02-28 12445483 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 12445483 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 12445483 d:CurrentFinancialInstruments 2024-02-29 12445483 d:CurrentFinancialInstruments 2023-02-28 12445483 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 12445483 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 12445483 d:ShareCapital 2024-02-29 12445483 d:ShareCapital 2023-02-28 12445483 d:RetainedEarningsAccumulatedLosses 2024-02-29 12445483 d:RetainedEarningsAccumulatedLosses 2023-02-28 12445483 c:FRS102 2023-03-01 2024-02-29 12445483 c:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 12445483 c:FullAccounts 2023-03-01 2024-02-29 12445483 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 12445483 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 12445483









CENTRAL BATHROOM DISTRIBUTION LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CENTRAL BATHROOM DISTRIBUTION LTD
FOR THE YEAR ENDED 29 FEBRUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CENTRAL BATHROOM DISTRIBUTION LTD for the year ended 29 February 2024 which comprise  the 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 Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of Directors of CENTRAL BATHROOM DISTRIBUTION LTD, as a body, in accordance with the terms of our engagement letter dated 25/05/2025Our work has been undertaken solely to prepare for your approval the financial statements of CENTRAL BATHROOM DISTRIBUTION LTD and state those matters that we have agreed to state to the Board of Directors of CENTRAL BATHROOM DISTRIBUTION LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal .com/content/dam/ACCA_Global /Technical /fact/technical-factsheet -163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CENTRAL BATHROOM DISTRIBUTION LTD and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that CENTRAL BATHROOM DISTRIBUTION 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 profit of CENTRAL BATHROOM DISTRIBUTION LTD. You consider that CENTRAL BATHROOM DISTRIBUTION LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of CENTRAL BATHROOM DISTRIBUTION 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.

  



Fraser Russell Ltd
 
77 Francis Road
Birmingham
B16 8SP
2 June 2025
Page 1

 
CENTRAL BATHROOM DISTRIBUTION LTD
REGISTERED NUMBER: 12445483

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,694
8,128

  
6,694
8,128

Current assets
  

Stocks
 5 
84,556
118,332

Debtors: amounts falling due within one year
 6 
72,832
67,615

Cash at bank and in hand
  
40,666
19,232

  
198,054
205,179

Creditors: amounts falling due within one year
 8 
(166,965)
(186,500)

Net current assets
  
 
 
31,089
 
 
18,679

Total assets less current liabilities
  
37,783
26,807

  

Net assets
  
37,783
26,807


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
37,483
26,507

  
37,783
26,807


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 June 2025.

Page 2

 
CENTRAL BATHROOM DISTRIBUTION LTD
REGISTERED NUMBER: 12445483
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024




Asif Masud
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Central Bathroom Distribution Ltd is a company limited by shares incorporated in England within the United Kingdom, having a registration of 12445483. The address of the registered office is Unit 15 Rovex Business Park, Hay Hall Road, Birmingham, England, B11 2AF. The principal activity of the company in the year under review was that of Other retail sale of new goods in specialised stores (not commercial art galleries and opticians).
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

Page 4

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 5

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
8%
Fixtures and fittings
-
20%
Computer equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 6

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.11

Dividends


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employee
2
-


4.


Tangible fixed assets







Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 March 2023
9,000
2,250
1,273
12,523



At 29 February 2024

9,000
2,250
1,273
12,523



Depreciation


At 1 March 2023
2,439
1,350
606
4,395


Charge for the year on owned assets
729
450
255
1,434



At 29 February 2024

3,168
1,800
861
5,829



Net book value



At 29 February 2024
5,832
450
412
6,694



At 28 February 2023
6,561
900
667
8,128

Page 7

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Stocks

29 February
28 February
2024
2023
£
£

Finished goods and goods for resale
84,556
118,332

84,556
118,332



6.


Debtors

29 February
28 February
2024
2023
£
£


Trade debtors
72,727
67,316

Other debtors
105
299

72,832
67,615



7.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
40,666
19,232

40,666
19,232



8.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Other loans
28,380
35,013

Trade creditors
85,337
79,926

Corporation tax
5,195
7,438

Other taxation and social security
309
9,526

Other creditors
47,744
54,597

166,965
186,500


Page 8

 
CENTRAL BATHROOM DISTRIBUTION LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

9.


Creditors: Amounts falling due after more than one year





10.


Controlling party

During the year, the company was under the control Asif Masud being the director and majority shareholder of the company.

 
Page 9