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REGISTERED NUMBER: 03521946 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Deluxe Beds Ltd

Deluxe Beds Ltd (Registered number: 03521946)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Deluxe Beds Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mrs K Bibi





SECRETARY: Mr M Ishaq





REGISTERED OFFICE: Beacon Street
Birkby
Huddersfield
West Yorkshire
HD2 2RS





REGISTERED NUMBER: 03521946 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

Deluxe Beds Ltd (Registered number: 03521946)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 312,696 304,203
312,696 304,203

CURRENT ASSETS
Stocks 6 1,126,734 1,189,754
Debtors 7 793,865 711,217
Cash at bank and in hand 1,527 715
1,922,126 1,901,686
CREDITORS
Amounts falling due within one year 8 1,385,867 1,547,868
NET CURRENT ASSETS 536,259 353,818
TOTAL ASSETS LESS CURRENT
LIABILITIES

848,955

658,021

CREDITORS
Amounts falling due after more than one
year

9

(378,852

)

(384,770

)

PROVISIONS FOR LIABILITIES (78,174 ) (76,051 )
NET ASSETS 391,929 197,200

CAPITAL AND RESERVES
Called up share capital 12 340,100 340,100
Other reserves 142,195 70,670
Retained earnings (90,366 ) (213,570 )
SHAREHOLDERS' FUNDS 391,929 197,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 her 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.

Deluxe Beds Ltd (Registered number: 03521946)

Balance Sheet - continued
31 March 2025


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 24 June 2025 and were signed by:





Mrs K Bibi - Director


Deluxe Beds Ltd (Registered number: 03521946)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Deluxe Beds 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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.

Deluxe Beds Ltd (Registered number: 03521946)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 76 (2024 - 67 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2024
and 31 March 2025 200,480
AMORTISATION
At 1 April 2024
and 31 March 2025 200,480
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 April 2024 606,001 201,998 574,282 18,374 1,400,655
Additions 77,833 360 - 993 79,186
At 31 March 2025 683,834 202,358 574,282 19,367 1,479,841
DEPRECIATION
At 1 April 2024 509,198 175,014 395,020 17,220 1,096,452
Charge for year 28,438 5,427 35,852 976 70,693
At 31 March 2025 537,636 180,441 430,872 18,196 1,167,145
NET BOOK VALUE
At 31 March 2025 146,198 21,917 143,410 1,171 312,696
At 31 March 2024 96,803 26,984 179,262 1,154 304,203

6. STOCKS
31.3.25 31.3.24
£ £
Stocks 1,126,734 1,189,754

Deluxe Beds Ltd (Registered number: 03521946)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Trade debtors 601,209 573,503
Other debtors 192,656 137,714
793,865 711,217

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Bank loans and overdrafts (see note 10) 391,475 380,650
Trade creditors 810,015 1,014,195
Taxation and social security 128,145 97,901
Other creditors 56,232 55,122
1,385,867 1,547,868

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£ £
Bank loans (see note 10) 4,409 14,802
Other creditors 374,443 369,968
378,852 384,770

10. LOANS

An analysis of the maturity of loans is given below:

31.3.25 31.3.24
£ £
Amounts falling due within one year or on demand:
Bank overdrafts 381,082 370,523
Bank loans 10,393 10,127
391,475 380,650

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,409 14,802

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£ £
Bank loans 14,802 24,929

Deluxe Beds Ltd (Registered number: 03521946)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £ £
340,100 Ordinary £1 340,100 340,100

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors, amounts falling due more than 1 year, is a loan from the director of £374,444 (2024-£369,968), the loan is interest free and repayable on demand.

14. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K Bibi.