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REGISTERED NUMBER: 07919911 (England and Wales)















Group Strategic Report, Report of the Directors and

Consolidated Financial Statements for the Period 1 April 2024 to 5 April 2025

for

Get Laid Beds Limited

Get Laid Beds Limited (Registered number: 07919911)






Contents of the Consolidated Financial Statements
for the Period 1 April 2024 to 5 April 2025




Page

Company Information 1

Group Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4

Consolidated Income Statement 8

Consolidated Other Comprehensive Income 9

Consolidated Balance Sheet 10

Company Balance Sheet 11

Consolidated Statement of Changes in Equity 12

Company Statement of Changes in Equity 13

Consolidated Cash Flow Statement 14

Notes to the Consolidated Cash Flow Statement 15

Notes to the Consolidated Financial Statements 16


Get Laid Beds Limited

Company Information
for the Period 1 April 2024 to 5 April 2025







DIRECTORS: Mr J N Haskins
Mr J L R Lombard
Miss H L Gascoyne
Mrs A M Lombard





REGISTERED OFFICE: Barn 3-5, Wharf Way Business Park
Wharf Way
Glen Parva
Leicester
Leicestershire
LE2 9UT





REGISTERED NUMBER: 07919911 (England and Wales)





AUDITORS: Duncan & Toplis Audit Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Get Laid Beds Limited (Registered number: 07919911)

Group Strategic Report
for the Period 1 April 2024 to 5 April 2025

The directors present their strategic report of the company and the group for the period 1 April 2024 to 5 April 2025.

REVIEW OF BUSINESS
The group has experienced a decline in turnover this year from £14.4 million to £13.6 million, a decrease of 5.6%, following continuing ongoing difficulties in the year caused by the current economic conditions and inflationary pressures.

PRINCIPAL RISKS AND UNCERTAINTIES
The directors have reviewed its principal risks and uncertainties which include financial, commercial, social and environmental risks. The directors consider the potential risks to be similar to those faced by similar companies in the sector, principally to do with the continuity of supply, the maintenance of their customers, foreign exchange variations, and more specifically the current inflationary pressures.

Considerable emphasis is devoted to maintaining service levels and working closely with suppliers on logistical and quality issues to ensure that high levels of performance are achieved.

The directors believe that adequate procedures have been put in place to minimise the impact of any likely risks on the business going forward.

KEY PERFORMANCE INDICATORS
The key performance indicators which are monitored closely by management are turnover, gross margin percentage 50.6% (2024 - 53.1%) and profit before tax before exceptional items as a percentage of turnover 8.1% (2024 - 10.5%). In 2025, the group has continued to adopt operational key performance indicators such as Average Order Value, Cost per Delivery and Hours per product manufactured to enable the company to return a strong control over financial performance.

FUTURE DEVELOPMENTS
Despite expected market competitiveness and conditions, the directors express confidence in the company's prospects for strong performance. Expansion into new markets is anticipated to drive brand and company growth in the foreseeable future.

ON BEHALF OF THE BOARD:





Mr J N Haskins - Director


9 July 2025

Get Laid Beds Limited (Registered number: 07919911)

Report of the Directors
for the Period 1 April 2024 to 5 April 2025

The directors present their report with the financial statements of the company and the group for the period 1 April 2024 to 5 April 2025.

PRINCIPAL ACTIVITY
The principal activity of the group in the period under review was that of the sale of beds.

DIVIDENDS
The total distribution of dividends for the period ended 5 April 2025 will be £ 318,840 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr J N Haskins
Mr J L R Lombard
Miss H L Gascoyne
Mrs A M Lombard

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

ON BEHALF OF THE BOARD:





Mr J N Haskins - Director


9 July 2025

Report of the Independent Auditors to the Members of
Get Laid Beds Limited

Opinion
We have audited the financial statements of Get Laid Beds Limited (the 'parent company') and its subsidiaries (the 'group') for the period ended 5 April 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the group's and of the parent company affairs as at 5 April 2025 and of the group's profit for the period then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Get Laid Beds Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or
- the parent company financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Get Laid Beds Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Extent to which the audit was considered capable of detecting irregularities, including fraud
The capability to detect irregularities is based on the auditor identifying and assessing the risks of material misstatement of the financial statements, whether due to fraud or error, and then designing and performing audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

a) Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, the following approach was taken:
- Understanding the nature of the industry and sector, control environment and business performance;
- Consideration of the results of our enquiries of management and those charged with governance
about their own identification and assessment of the risks of irregularities;
- Understanding the company's policies and procedures on compliance with laws and regulations and
management of fraud risk, including documentation of instances of non-compliance of laws and
regulations and instances of actual, suspected or alleged fraud;
- Consideration of matters discussed among the audit engagement team regarding how and where
fraud might occur in the financial statements and any potential indicators of fraud;
- Understanding the legal and regulatory frameworks that the company operates in through enquiry of
management and those charged with governance and understanding the company's industry and
sector. The key laws and regulations that were considered to have an effect on material amounts and
disclosures in the financial statements included the Companies Act and tax legislation.

b) Audit response to risks identified

Based on this understanding, the following audit procedures were designed and performed to respond to the risks identified:
- Reviewing the financial statement disclosures and testing to supporting documentation to assess
compliance with applicable laws and regulations described as having a direct effect on the financial
statement;
- Enquiring of management, those charged with governance and, where applicable, the company's
solicitors concerning actual and potential litigation and claims;
- Performing analytical procedures to identify any unusual or unexpected relationships that may
indicate risks of material misstatement due to fraud;
- Reviewing minutes of meetings of those charged with governance and, where applicable,
correspondence with regulators;
- Performing audit work over the risk of management override of controls, including testing of journal
entries and other adjustments for appropriateness and evaluating the business rationale of significant
transactions outside the normal course of business;
- Communication of potential fraud risks to all engagement team members and remaining alert to any
indications of fraud or non-compliance with laws and regulations throughout the audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.


Report of the Independent Auditors to the Members of
Get Laid Beds Limited

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Peter Morris (Senior Statutory Auditor)
for and on behalf of Duncan & Toplis Audit Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

17 July 2025

Get Laid Beds Limited (Registered number: 07919911)

Consolidated
Income Statement
for the Period 1 April 2024 to 5 April 2025

Period
1.4.24
to Year Ended
5.4.25 31.3.24
Notes £    £   

TURNOVER 4 13,624,413 14,434,337

Cost of sales (6,734,257 ) (6,764,549 )
GROSS PROFIT 6,890,156 7,669,788

Administrative expenses (5,889,223 ) (6,249,623 )
1,000,933 1,420,165

Other operating income - 12,500
OPERATING PROFIT 6 1,000,933 1,432,665

Interest receivable and similar income 156,816 119,957
1,157,749 1,552,622

Interest payable and similar expenses 7 (49,181 ) (43,181 )
PROFIT BEFORE TAXATION 1,108,568 1,509,441

Tax on profit 8 (285,452 ) (384,321 )
PROFIT FOR THE FINANCIAL PERIOD 823,116 1,125,120
Profit attributable to:
Owners of the parent 823,116 1,125,120

Get Laid Beds Limited (Registered number: 07919911)

Consolidated
Other Comprehensive Income
for the Period 1 April 2024 to 5 April 2025

Period
1.4.24
to Year Ended
5.4.25 31.3.24
Notes £    £   

PROFIT FOR THE PERIOD 823,116 1,125,120


OTHER COMPREHENSIVE INCOME
Translation of foreign subsidiaries (1,896 ) -
Income tax relating to other
comprehensive income

-

-
OTHER COMPREHENSIVE INCOME
FOR THE PERIOD, NET OF INCOME
TAX


(1,896


)


-
TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD

821,220
Prior year adjustment (334,589 )
TOTAL COMPREHENSIVE INCOME
SINCE LAST ANNUAL REPORT

790,531

Total comprehensive income attributable to:
Owners of the parent 821,220 790,531

Get Laid Beds Limited (Registered number: 07919911)

Consolidated Balance Sheet
5 April 2025

5.4.25 31.3.24
Notes £    £   
FIXED ASSETS
Intangible assets 11 592,475 559,610
Tangible assets 12 652,477 929,603
Investments 13 - -
1,244,952 1,489,213

CURRENT ASSETS
Stocks 14 562,467 731,485
Debtors 15 2,927,047 2,784,680
Cash at bank 1,650,713 1,494,199
5,140,227 5,010,364
CREDITORS
Amounts falling due within one year 16 (2,467,225 ) (3,003,321 )
NET CURRENT ASSETS 2,673,002 2,007,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,917,954

3,496,256

CREDITORS
Amounts falling due after more than one
year

17

-

(19,218

)

PROVISIONS FOR LIABILITIES 20 (144,840 ) (206,304 )
NET ASSETS 3,773,114 3,270,734

CAPITAL AND RESERVES
Called up share capital 21 10 10
Foreign exchange reserve 22 (1,896 ) -
Retained earnings 22 3,775,000 3,270,724
SHAREHOLDERS' FUNDS 3,773,114 3,270,734

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:





Mr J N Haskins - Director


Get Laid Beds Limited (Registered number: 07919911)

Company Balance Sheet
5 April 2025

5.4.25 31.3.24
Notes £    £   
FIXED ASSETS
Intangible assets 11 592,475 559,610
Tangible assets 12 652,477 929,603
Investments 13 - -
1,244,952 1,489,213

CURRENT ASSETS
Stocks 14 562,467 731,485
Debtors 15 2,922,920 2,784,680
Cash at bank 1,604,983 1,494,199
5,090,370 5,010,364
CREDITORS
Amounts falling due within one year 16 (2,645,834 ) (3,003,321 )
NET CURRENT ASSETS 2,444,536 2,007,043
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,689,488

3,496,256

CREDITORS
Amounts falling due after more than one
year

17

-

(19,218

)

PROVISIONS FOR LIABILITIES 20 (144,840 ) (206,304 )
NET ASSETS 3,544,648 3,270,734

CAPITAL AND RESERVES
Called up share capital 21 10 10
Retained earnings 22 3,544,638 3,270,724
SHAREHOLDERS' FUNDS 3,544,648 3,270,734

Company's profit for the financial year 592,754 1,125,120

The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2025 and were signed on its behalf by:





Mr J N Haskins - Director


Get Laid Beds Limited (Registered number: 07919911)

Consolidated Statement of Changes in Equity
for the Period 1 April 2024 to 5 April 2025

Called up Foreign
share Retained exchange Total
capital earnings reserve equity
£    £    £    £   
Balance at 1 April 2023 10 2,793,033 - 2,793,043
Prior year adjustment - (334,589 ) - (334,589 )
As restated 10 2,458,444 - 2,458,454

Changes in equity
Dividends - (312,840 ) - (312,840 )
Total comprehensive income - 1,125,120 - 1,125,120
Balance at 31 March 2024 10 3,270,724 - 3,270,734

Changes in equity
Dividends - (318,840 ) - (318,840 )
Total comprehensive income - 823,116 (1,896 ) 821,220
Balance at 5 April 2025 10 3,775,000 (1,896 ) 3,773,114

Get Laid Beds Limited (Registered number: 07919911)

Company Statement of Changes in Equity
for the Period 1 April 2024 to 5 April 2025

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 April 2023 10 2,793,033 2,793,043
Prior year adjustment - (334,589 ) (334,589 )
As restated 10 2,458,444 2,458,454

Changes in equity
Dividends - (312,840 ) (312,840 )
Total comprehensive income - 1,125,120 1,125,120
Balance at 31 March 2024 10 3,270,724 3,270,734

Changes in equity
Dividends - (318,840 ) (318,840 )
Total comprehensive income - 592,754 592,754
Balance at 5 April 2025 10 3,544,638 3,544,648

Get Laid Beds Limited (Registered number: 07919911)

Consolidated Cash Flow Statement
for the Period 1 April 2024 to 5 April 2025

Period
1.4.24
to Year Ended
5.4.25 31.3.24
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 1,170,007 1,830,967
Interest paid (45,598 ) (33,580 )
Interest element of hire purchase
payments paid

(3,583

)

(9,601

)
Tax paid (601,662 ) (419,654 )
Net cash from operating activities 519,164 1,368,132

Cash flows from investing activities
Purchase of intangible fixed assets (71,207 ) (262,727 )
Purchase of tangible fixed assets (51,148 ) (174,416 )
Sale of tangible fixed assets 35,286 18,889
Interest received 156,816 119,957
Net cash from investing activities 69,747 (298,297 )

Cash flows from financing activities
Capital repayments in year (43,107 ) (80,092 )
Amount introduced by directors 2,746,664 1,492,911
Amount withdrawn by directors (2,817,114 ) (1,989,245 )
Equity dividends paid (318,840 ) (312,840 )
Net cash from financing activities (432,397 ) (889,266 )

Increase in cash and cash equivalents 156,514 180,569
Cash and cash equivalents at
beginning of period

2

1,494,199

1,313,630

Cash and cash equivalents at end of
period

2

1,650,713

1,494,199

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Cash Flow Statement
for the Period 1 April 2024 to 5 April 2025

1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM
OPERATIONS

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Profit before taxation 1,108,568 1,509,441
Depreciation charges 222,486 216,882
Loss on disposal of fixed assets 87,718 5,480
Finance costs 49,181 43,181
Finance income (156,816 ) (119,957 )
1,311,137 1,655,027
Decrease in stocks 169,018 25,674
(Increase)/decrease in trade and other debtors (25,174 ) 76,871
(Decrease)/increase in trade and other creditors (284,974 ) 73,395
Cash generated from operations 1,170,007 1,830,967

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Period ended 5 April 2025
5.4.25 1.4.24
£    £   
Cash and cash equivalents 1,650,713 1,494,199
Year ended 31 March 2024
31.3.24 1.4.23
£    £   
Cash and cash equivalents 1,494,199 1,313,630


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.24 Cash flow At 5.4.25
£    £    £   
Net cash
Cash at bank 1,494,199 156,514 1,650,713
1,494,199 156,514 1,650,713
Debt
Finance leases (64,600 ) 43,107 (21,493 )
(64,600 ) 43,107 (21,493 )
Total 1,429,599 199,621 1,629,220

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements
for the Period 1 April 2024 to 5 April 2025

1. STATUTORY INFORMATION

Get Laid Beds 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 General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Basis of consolidation
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full.

The consolidated financial statements incorporate the results of the business combination using the purchase method. In the Balance Sheet, the acquirees' identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The combined results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

Turnover
Turnover is measured at fair value of the consideration received or receivable and represents the
amount receivable for goods supplied or services rendered, net of returns, discounts and rebates
allowed by the company and Valued Added Tax.

The company recognises turnover when the following criteria have been met:

Sale of goods
Revenue from the sale of goods is recognised when:
(a) the significant risks and rewards of ownership have been transferred to the buyer;
(b) the company retains no ongoing involvement or control over the goods;
(c) the revenue can be reliably measured;
(d) it is probable that the Company will receive the consideration due under the transaction; and
(e) the costs incurred in respect of the transaction can be reliably measured.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible assets are stated at 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 provided at the following annual rates in order to write off each asset over its estimated useful life.

Short Leasehold10% on cost
Improvements to property15% on reducing balance
Plant and machinery25% on reducing balance
Fixtures and fittings15% on reducing balance
Motor vehicles20% on reducing balance
Computer and office equipment25% on reducing balance

The expected useful lives of assets are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

Stocks
Stocks and work in progress are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Cost is calculated using first-in, first-out method and includes all purchase, transport, and handling
costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Consolidated 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 period 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.

Research and development
Expenditure on research is expensed in the year in which it is incurred.

Depending on the nature of development costs incurred, they are either written off in the year of
expenditure or capitalised (see Intangible assets accounting policy).

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 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.

Pension costs and other post-retirement benefits
The group operates a defined contribution pension scheme. Contributions payable to the group's pension scheme are charged to profit or loss in the period to which they relate.

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 accounts receivable and payable.

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 profit and loss account.

3. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the
circumstances.

The company makes estimates and assumptions concerning the future. The resulting accounting
estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:

i) Useful economic lives of tangible assets
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful
economic lives and residual values of assets. The useful economic lives and residual values are
reviewed annually. they are amended when necessary to reflect current accounting estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

ii) Stock
In determining stock provisions, future demand and selling price is evaluated and appropriate
provisions are made to reflect the risk of obsolescence and impairment in carrying value. The
provisioning policy is in place to ensure that the carrying value of stock recognised in the financial
statements is the lower of cost and estimated selling price, in accordance with the stated accounting policy.

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

4. TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the group.

An analysis of turnover by geographical market is given below:

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
United Kingdom 9,445,465 10,475,809
United States of America 3,843,189 3,550,843
Rest of the World 335,759 407,685
13,624,413 14,434,337

5. EMPLOYEES AND DIRECTORS
Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Wages and salaries 2,539,117 2,371,858
Social security costs 240,042 209,077
Other pension costs 62,807 62,489
2,841,966 2,643,424

The average number of employees during the period was as follows:
Period
1.4.24
to Year Ended
5.4.25 31.3.24

Production and administration 86 89
Directors 4 4
90 93

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Directors' remuneration 51,175 50,400

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

6. OPERATING PROFIT

The operating profit is stated after charging:

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Hire of plant and machinery 2,011 1,970
Depreciation - owned assets 164,099 168,816
Depreciation - assets on hire purchase contracts 20,045 48,066
Loss on disposal of fixed assets 87,718 5,480
Development costs amortisation 38,342 -
Foreign exchange differences 38,736 25,849
Rentals paid under operating lease 343,106 291,248
Auditors remuneration 20,000 12,710

7. INTEREST PAYABLE AND SIMILAR EXPENSES
Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Corporation tax interest 12,233 33,580
Penalties and interest 33,365 -
Hire purchase 3,583 9,601
49,181 43,181

8. TAXATION

Analysis of the tax charge
The tax charge on the profit for the period was as follows:
Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Current tax:
UK corporation tax 353,619 384,594
Corporation tax - prior year (6,703 ) -
Total current tax 346,916 384,594

Deferred tax (61,464 ) (273 )
Tax on profit 285,452 384,321

UK corporation tax has been charged at 25 % (2024 - 25 %).

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

8. TAXATION - continued

Reconciliation of total tax charge included in profit and loss
The tax assessed for the period is higher than the standard rate of corporation tax in the UK. The difference is explained below:

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£    £   
Profit before tax 1,108,568 1,509,441
Profit multiplied by the standard rate of corporation tax in the UK of
25 % (2024 - 25 %)

277,142

377,360

Effects of:
Expenses not deductible for tax purposes 15,013 6,961
Adjustments to tax charge in respect of previous periods (6,703 ) -
Total tax charge 285,452 384,321

Tax effects relating to effects of other comprehensive income

1.4.24 to 5.4.25
Gross Tax Net
£    £    £   
Translation of foreign subsidiaries (1,896 ) - (1,896 )

9. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Statement of Comprehensive Income of the parent company is not presented as part of these financial statements.


10. DIVIDENDS

Period
1.4.24
to Year Ended
5.4.25 31.3.24
£ £
Interim 318,840 312,840

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

11. INTANGIBLE FIXED ASSETS

Group
Development
costs
£   
COST
At 1 April 2024 559,610
Additions 71,207
At 5 April 2025 630,817
AMORTISATION
Amortisation for period 38,342
At 5 April 2025 38,342
NET BOOK VALUE
At 5 April 2025 592,475
At 31 March 2024 559,610

Company
Development
costs
£   
COST
At 1 April 2024 559,610
Additions 71,207
At 5 April 2025 630,817
AMORTISATION
Amortisation for period 38,342
At 5 April 2025 38,342
NET BOOK VALUE
At 5 April 2025 592,475
At 31 March 2024 559,610

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

12. TANGIBLE FIXED ASSETS

Group
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2024 16,297 297,262 1,052,031
Additions - - 25,158
Disposals - - (192,965 )
At 5 April 2025 16,297 297,262 884,224
DEPRECIATION
At 1 April 2024 7,304 131,655 567,879
Charge for period 1,667 25,310 112,873
Eliminated on disposal - - (128,216 )
At 5 April 2025 8,971 156,965 552,536
NET BOOK VALUE
At 5 April 2025 7,326 140,297 331,688
At 31 March 2024 8,993 165,607 484,152

Computer
Fixtures and
and Motor office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 128,831 286,579 64,816 1,845,816
Additions 623 - 4,241 30,022
Disposals (17,419 ) (61,873 ) (47,197 ) (319,454 )
At 5 April 2025 112,035 224,706 21,860 1,556,384
DEPRECIATION
At 1 April 2024 55,262 121,914 32,199 916,213
Charge for period 9,787 30,369 4,138 184,144
Eliminated on disposal (7,485 ) (32,059 ) (28,690 ) (196,450 )
At 5 April 2025 57,564 120,224 7,647 903,907
NET BOOK VALUE
At 5 April 2025 54,471 104,482 14,213 652,477
At 31 March 2024 73,569 164,665 32,617 929,603

Included within the tangible fixed assets are assets held under hire purchase agreements with a net book value of £55,758 (2024 - £121,685).

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

12. TANGIBLE FIXED ASSETS - continued

Company
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2024 16,297 297,262 1,052,031
Additions - - 25,158
Disposals - - (192,965 )
At 5 April 2025 16,297 297,262 884,224
DEPRECIATION
At 1 April 2024 7,304 131,655 567,879
Charge for period 1,667 25,310 112,873
Eliminated on disposal - - (128,216 )
At 5 April 2025 8,971 156,965 552,536
NET BOOK VALUE
At 5 April 2025 7,326 140,297 331,688
At 31 March 2024 8,993 165,607 484,152

Computer
Fixtures and
and Motor office
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 128,831 286,579 64,816 1,845,816
Additions 623 - 4,241 30,022
Disposals (17,419 ) (61,873 ) (47,197 ) (319,454 )
At 5 April 2025 112,035 224,706 21,860 1,556,384
DEPRECIATION
At 1 April 2024 55,262 121,914 32,199 916,213
Charge for period 9,787 30,369 4,138 184,144
Eliminated on disposal (7,485 ) (32,059 ) (28,690 ) (196,450 )
At 5 April 2025 57,564 120,224 7,647 903,907
NET BOOK VALUE
At 5 April 2025 54,471 104,482 14,213 652,477
At 31 March 2024 73,569 164,665 32,617 929,603

Included within the tangible fixed assets are assets held under hire purchase agreements with a net book value of £55,758 (2024 - £121,685).

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

13. FIXED ASSET INVESTMENTS

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

Subsidiary

Get Laid Beds Inc.
Registered office: 838 Walker Road, Suite 21-2, Dover, DE 19904, Kent County, United States
Nature of business: Sale of beds
%
Class of shares: holding
Ordinary 100.00
5.4.25
£   
Aggregate capital and reserves 257,024
Profit for the period 257,023


14. STOCKS

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Raw materials 313,264 382,919 313,264 382,919
Work-in-progress 155,480 168,187 155,480 168,187
Finished goods 93,723 180,379 93,723 180,379
562,467 731,485 562,467 731,485

Stock recognised in cost of sales during the year as an expenses was £2,783,563 (2024 - £3,183,480).

15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Trade debtors 23,494 29,837 23,494 29,837
Other debtors 4,478 4,375 4,478 4,375
Directors' current accounts 2,624,526 2,554,076 2,624,526 2,554,076
Corporation tax recoverable 123,914 98,297 123,914 98,297
Prepayments 150,635 98,095 146,508 98,095
2,927,047 2,784,680 2,922,920 2,784,680

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Hire purchase contracts (see note 18) 21,493 45,382 21,493 45,382
Trade creditors 624,668 405,722 620,795 405,722
Amounts owed to group undertakings - - 426,525 -
Corporation tax 23,237 252,366 - 252,366
Social security and other taxes 473,436 805,907 472,476 805,907
Other creditors 317,680 299,526 317,680 299,526
Deferred income 774,588 842,721 565,727 842,721
Accrued expenses 232,123 351,697 221,138 351,697
2,467,225 3,003,321 2,645,834 3,003,321

17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Hire purchase contracts (see note 18) - 19,218 - 19,218

18. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Group
Hire purchase contracts
5.4.25 31.3.24
£    £   
Net obligations repayable:
Within one year 21,493 45,382
Between one and five years - 19,218
21,493 64,600

Company
Hire purchase contracts
5.4.25 31.3.24
£    £   
Net obligations repayable:
Within one year 21,493 45,382
Between one and five years - 19,218
21,493 64,600

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

18. LEASING AGREEMENTS - continued

Group
Non-cancellable operating leases
5.4.25 31.3.24
£    £   
Within one year 273,000 273,000
Between one and five years 904,429 1,092,000
In more than five years - 85,429
1,177,429 1,450,429

Company
Non-cancellable operating leases
5.4.25 31.3.24
£    £   
Within one year 346,186 273,000
Between one and five years 1,153,953 1,092,000
In more than five years - 85,429
1,500,139 1,450,429

19. SECURED DEBTS

The following secured debts are included within creditors:

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Hire purchase contracts 21,493 64,600 21,493 64,600

Hire purchase liabilities are secured on the assets acquired.

20. PROVISIONS FOR LIABILITIES

Group Company
5.4.25 31.3.24 5.4.25 31.3.24
£    £    £    £   
Deferred tax
Accelerated capital allowances 144,840 206,304 144,840 206,304

Group
Deferred
tax
£   
Balance at 1 April 2024 206,304
Credit to Income Statement during period (61,464 )
Balance at 5 April 2025 144,840

Get Laid Beds Limited (Registered number: 07919911)

Notes to the Consolidated Financial Statements - continued
for the Period 1 April 2024 to 5 April 2025

20. PROVISIONS FOR LIABILITIES - continued

Company
Deferred
tax
£   
Balance at 1 April 2024 206,304
Credit to Statement of Comprehensive Income during period (61,464 )
Balance at 5 April 2025 144,840

21. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal value: 5.4.25 31.3.24
£ £
4,000 Ordinary A 0.1p 4 4
4,000 Ordinary B 0.1p 4 4
1,000 Ordinary C 0.1p 1 1
1,000 Ordinary D 0.1p 1 1
10 10

All share classes carry full voting rights with no restrictions and have no restrictions on the repayment of capital. The directors are entitled to vote an individual dividend on one class of share without the same dividend being voted to any other type of share.

22. RESERVES

Retained Earnings

Retained earnings represents cumulative profits or losses, net of dividends paid in the current and previous periods.

23. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors had loan accounts with the company. Advances of £2,763,782 (2024 - £2,255,949) were made by the company to the directors during the year. This was partly repaid through dividends of £318,840 (2024 - £312,840) and other repayments of £2,427,824 (2024 - £1,492,911) made by the directors. Interest of £53,332 (2024 - £46,137) was charged on the loans given to the directors at HM Revenue & Customs official rate of interest.

As at 31 March 2025, the loan balances outstanding were a debtor of £2,624,526 (2024 - debtor of £2,554,076).

24. RELATED PARTY DISCLOSURES

Key management personnel of the entity or its parent (in the aggregate)
5.4.25 31.3.24
£    £   
Dividends 318,840 312,840

Key management personnel are considered to be the directors of the company. Their remuneration is stated in note 5.