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REGISTERED NUMBER: 06729822 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

THE LOOKING GLASS OF BATH LTD

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


THE LOOKING GLASS OF BATH LTD

Company Information
for the year ended 31 December 2024







DIRECTOR: G R A Reed





REGISTERED OFFICE: 11 Laura Place
Bath
Somerset
BA2 4BL





REGISTERED NUMBER: 06729822 (England and Wales)





ACCOUNTANTS: Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
The Looking Glass of Bath 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 The Looking Glass of Bath Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 The Looking Glass of Bath Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Looking Glass of Bath Ltd and state those matters that we have agreed to state to the director of The Looking Glass of Bath 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 The Looking Glass of Bath Ltd and its director for our work or for this report.

It is your duty to ensure that The Looking Glass of Bath 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 The Looking Glass of Bath Ltd. You consider that The Looking Glass of Bath 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 The Looking Glass of Bath 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.






Richardson Swift
Chartered Accountants
11 Laura Place
Bath
BA2 4BL


19 June 2025

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 394 426
Investments 6 600,000 400,000
600,394 400,426

CURRENT ASSETS
Stocks 20,276 19,921
Debtors 7 29,313 28,845
Cash at bank and in hand 190,562 306,850
240,151 355,616
CREDITORS
Amounts falling due within one year 8 50,938 43,203
NET CURRENT ASSETS 189,213 312,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

789,607

712,839

PROVISIONS FOR LIABILITIES 9 20,000 20,000
NET ASSETS 769,607 692,839

CAPITAL AND RESERVES
Called up share capital 10 105 100
Retained earnings 769,502 692,739
SHAREHOLDERS' FUNDS 769,607 692,839

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 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 LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

Balance Sheet - continued
31 December 2024


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 16 June 2025 and were signed by:





G R A Reed - Director


THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

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

1. STATUTORY INFORMATION

The Looking Glass of Bath 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.

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.

Critical accounting judgements and key sources of estimation uncertainty
No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.

Turnover
Turnover represents net sales of goods, excluding value added tax. Turnover is recognised as the goods are despatched.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses, is being amortised over its remaining useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 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.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

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

2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 200,000
AMORTISATION
At 1 January 2024
and 31 December 2024 200,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2024 928 1,403 4,575 6,906
Additions 108 - - 108
At 31 December 2024 1,036 1,403 4,575 7,014
DEPRECIATION
At 1 January 2024 928 977 4,575 6,480
Charge for year - 140 - 140
At 31 December 2024 928 1,117 4,575 6,620
NET BOOK VALUE
At 31 December 2024 108 286 - 394
At 31 December 2023 - 426 - 426

6. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST
At 1 January 2024 400,000
Additions 200,000
At 31 December 2024 600,000
NET BOOK VALUE
At 31 December 2024 600,000
At 31 December 2023 400,000

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

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

6. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Leveret Limited
Registered office: 4 King Square, Bridgwater, Somerset, United Kingdom, TA6 3YF
Nature of business: Public houses and bars
%
Class of shares: holding
Ordinary 51.00

Arboreal Limited
Registered office: 11 Laura Place, Bath, United Kingdom, BA2 4BL
Nature of business: Silviculture and other forestry activities
%
Class of shares: holding
Ordinary 51.00

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 17,497 17,029

Amounts falling due after more than one year:
Other debtors 11,816 11,816

Aggregate amounts 29,313 28,845

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,492 5,471
Taxation and social security 37,473 32,103
Other creditors 5,973 5,629
50,938 43,203

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Other provisions 20,000 20,000

A provision has been recognised for a dilapidation clause in the rental lease which places obligations on the company.

THE LOOKING GLASS OF BATH LTD (REGISTERED NUMBER: 06729822)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5 C Ordinary £1 5 -
95 A Ordinary £1 95 95
5 B Ordinary £1 5 5
105 100

The rights of the A Ordinary shares shall be varied to be entitled to voting, equity and dividend rights in the company excluding any interest in Leveret Limited or Arboreal Limited.

The rights of the B Ordinary shares shall be varied to be only entitled to voting, capital and dividends from the company Leveret Limited.

The rights of the C Ordinary shares shall only be entitled to voting, equity and dividend rights in relation to the company Arboreal Limited.