IRIS Accounts Production v25.1.3.33 05109284 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051092842023-12-31051092842024-12-31051092842024-01-012024-12-31051092842022-12-31051092842023-01-012023-12-31051092842023-12-3105109284ns15:EnglandWales2024-01-012024-12-3105109284ns14:PoundSterling2024-01-012024-12-3105109284ns10:Director12024-01-012024-12-3105109284ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3105109284ns10:SmallEntities2024-01-012024-12-3105109284ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3105109284ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3105109284ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3105109284ns10:FullAccounts2024-01-012024-12-3105109284ns10:Director22024-01-012024-12-3105109284ns10:RegisteredOffice2024-01-012024-12-3105109284ns5:CurrentFinancialInstruments2024-12-3105109284ns5:CurrentFinancialInstruments2023-12-3105109284ns5:Non-currentFinancialInstruments2024-12-3105109284ns5:Non-currentFinancialInstruments2023-12-3105109284ns5:ShareCapital2024-12-3105109284ns5:ShareCapital2023-12-3105109284ns5:RetainedEarningsAccumulatedLosses2024-12-3105109284ns5:RetainedEarningsAccumulatedLosses2023-12-3105109284ns5:PlantMachinery2024-01-012024-12-3105109284ns5:PlantMachinery2023-12-3105109284ns5:FurnitureFittings2023-12-3105109284ns5:MotorVehicles2023-12-3105109284ns5:FurnitureFittings2024-01-012024-12-3105109284ns5:MotorVehicles2024-01-012024-12-3105109284ns5:PlantMachinery2024-12-3105109284ns5:FurnitureFittings2024-12-3105109284ns5:MotorVehicles2024-12-3105109284ns5:PlantMachinery2023-12-3105109284ns5:FurnitureFittings2023-12-3105109284ns5:MotorVehicles2023-12-3105109284ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3105109284ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 05109284 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 December 2024

for

Splash Luxury Bathrooms Limited

Splash Luxury Bathrooms Limited (Registered number: 05109284)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Splash Luxury Bathrooms Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S J Kendrick
Mrs S J Kendrick





REGISTERED OFFICE: 35 Audnam
Wordsley
Stourbridge
West Midlands
DY8 4AG





REGISTERED NUMBER: 05109284 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Splash Luxury Bathrooms Limited (Registered number: 05109284)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,963 3,762

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 5 182,379 175,390
Cash at bank 21,464 22,441
207,843 201,831
CREDITORS
Amounts falling due within one year 6 68,767 78,664
NET CURRENT ASSETS 139,076 123,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,039

126,929

CREDITORS
Amounts falling due after more than one year 7 4,790 14,928
NET ASSETS 136,249 112,001

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 135,249 111,001
SHAREHOLDERS' FUNDS 136,249 112,001

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





S J Kendrick - Director


Splash Luxury Bathrooms Limited (Registered number: 05109284)

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

1. STATUTORY INFORMATION

Splash Luxury Bathrooms Limited 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.

The accounts have been prepared on a going concern basis on the grounds that the directors believe major creditors will continue to make funds available to allow the company to continue trading.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Splash Luxury Bathrooms Limited (Registered number: 05109284)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024 2,473 5,716 9,200 17,389
Disposals - - (9,200 ) (9,200 )
At 31 December 2024 2,473 5,716 - 8,189
DEPRECIATION
At 1 January 2024 1,946 3,429 8,252 13,627
Charge for year 89 762 - 851
Eliminated on disposal - - (8,252 ) (8,252 )
At 31 December 2024 2,035 4,191 - 6,226
NET BOOK VALUE
At 31 December 2024 438 1,525 - 1,963
At 31 December 2023 527 2,287 948 3,762

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 65,094 88,390
Amounts owed by group undertakings 117,000 87,000
Other debtors 285 -
182,379 175,390

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 15,723 8,964
Taxation and social security 16,779 10,247
Other creditors 26,265 49,453
68,767 78,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 4,790 14,928

8. RELATED PARTY DISCLOSURES

At the year end there was an amount due to the the directors of £534 (2023 : £534).

At 31 December 2024 £177,000 (2023 £87,000) was due from Nestor Kendrick Properties Limited, a related company.

At 31 December 2024 £20,000 (2023: £43,188) is due to Newline Plumbing & Heating Supplies Limited a company under common control.