Registered number
08686582
Bright Bay Design Ltd
Filleted Accounts
31 March 2025
Bright Bay Design Ltd
Registered number: 08686582
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 7,923 6,580
Current assets
Debtors 4 97,511 136,982
Cash at bank and in hand 34,836 178,977
132,347 315,959
Creditors: amounts falling due within one year 5 (125,396) (322,191)
Net current assets/(liabilities) 6,951 (6,232)
Net assets 14,874 348
Capital and reserves
Called up share capital 1 1
Profit and loss account 14,873 347
Shareholders' funds 14,874 348
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
…………………………………
Alexandra Ledger
Director
Approved by the board on 22 July 2025
Bright Bay Design Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 22,238
Additions 3,983
At 31 March 2025 26,221
Depreciation
At 1 April 2024 15,658
Charge for the year 2,640
At 31 March 2025 18,298
Net book value
At 31 March 2025 7,923
At 31 March 2024 6,580
4 Debtors 2025 2024
£ £
Trade debtors 97,511 -
Customs & Excise - 44,920
Other debtors - 92,062
97,511 136,982
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors - 313,349
Taxation and social security costs 37,074 1,794
Other creditors 88,322 7,048
125,396 322,191
6 Other information
Bright Bay Design Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 New Road
Linslade
Leighton Buzzard
Bedfordshire
LU7 2LX
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