2024-04-01 2025-03-31 false Capium Accounts Production 1.1 07167626 2024-04-01 2025-03-31 07167626 bus:AbridgedAccounts 2024-04-01 2025-03-31 07167626 bus:FRS102 2024-04-01 2025-03-31 07167626 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07167626 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07167626 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07167626 2024-04-01 2025-03-31 07167626 2025-03-31 07167626 bus:RegisteredOffice 2024-04-01 2025-03-31 07167626 core:WithinOneYear 2025-03-31 07167626 core:AfterOneYear 2025-03-31 07167626 1 2024-04-01 2025-03-31 07167626 bus:Director1 2024-04-01 2025-03-31 07167626 bus:Director1 2025-03-31 07167626 bus:Director1 2023-04-01 2024-03-31 07167626 bus:Director2 2024-04-01 2025-03-31 07167626 bus:Director2 2025-03-31 07167626 bus:Director2 2023-04-01 2024-03-31 07167626 2023-04-01 07167626 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 07167626 2023-04-01 2024-03-31 07167626 2024-03-31 07167626 core:WithinOneYear 2024-03-31 07167626 core:AfterOneYear 2024-03-31 07167626 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 07167626 core:PlantMachinery 2024-04-01 2025-03-31 07167626 core:PlantMachinery 2025-03-31 07167626 core:PlantMachinery 2024-03-31 07167626 core:MotorCars 2024-04-01 2025-03-31 07167626 core:MotorCars 2025-03-31 07167626 core:MotorCars 2024-03-31 07167626 core:FurnitureFittings 2024-04-01 2025-03-31 07167626 core:FurnitureFittings 2025-03-31 07167626 core:FurnitureFittings 2024-03-31 07167626 core:ComputerEquipment 2024-04-01 2025-03-31 07167626 core:ComputerEquipment 2025-03-31 07167626 core:ComputerEquipment 2024-03-31 07167626 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-03-31 07167626 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 07167626 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 07167626 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 07167626 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 07167626 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07167626 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 07167626 core:Non-currentFinancialInstruments 2025-03-31 07167626 core:Non-currentFinancialInstruments 2024-03-31 07167626 core:ShareCapital 2025-03-31 07167626 core:ShareCapital 2024-03-31 07167626 core:RetainedEarningsAccumulatedLosses 2025-03-31 07167626 core:RetainedEarningsAccumulatedLosses 2024-03-31 07167626 dpl:Item1 2024-04-01 07167626 dpl:Item1 2025-03-31 07167626 dpl:Item1 2023-04-01 07167626 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07167626
England and Wales

 

 

 


Abridged Accounts


for the year ended 31 March 2025

for

THE KITCHEN & BEDROOM SPECIALISTS LTD

 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 35,680    40,858 
35,680    40,858 
Current assets      
Stocks 22,200    400 
Debtors 4,469    6,604 
Cash at bank and in hand 27,431    33,110 
54,100    40,114 
Creditors: amount falling due within one year (76,023)   (51,604)
Net current assets (21,923)   (11,490)
 
Total assets less current liabilities 13,757    29,368 
Creditors: amount falling due after more than one year (4,484)   (8,729)
Provisions for liabilities (6,779)   (7,763)
Net assets 2,494    12,876 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 2,492    12,874 
Shareholders' funds 2,494    12,876 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 21 August 2025 and were signed on its behalf by:


-------------------------------
P J Dunne
Director
1
General Information
The Kitchen & Bedroom Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 07167626, registration address Units 8 & 9, Walshaw Business Centre, Talbot Street, Briercliffe, Burnley, BB10 2HW.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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).
Going concern basis
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Dividends payable are recognised as liabilities once they are no longer at the discretion of the company.
Tangible fixed assets
Tangible fixed assets are initially measured at cost, and subsequently measured at cost or valuation, net of depreciation and impairment losses.
Land is not depreciated. Depreciation is recognised on other assets so as to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Office Equipment 25% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is valued on the basis of direct costs, plus attributable overheads based on a normal level of activity. Provision is made for any foreseeable losses where appropriate.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.
2.

Average number of employees

Average number of employees during the year was 1 (2024 : 1).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Office Equipment   Total
  £   £   £   £   £
At 01 April 2024 102,719    14,007    7,816    8,080    132,622 
Additions 810      5,647    258    6,715 
Disposals        
At 31 March 2025 103,529    14,007    13,463    8,338    139,337 
Depreciation
At 01 April 2024 71,752    12,076    1,954    5,982    91,764 
Charge for year 7,944    483    2,877    589    11,893 
On disposals        
At 31 March 2025 79,696    12,559    4,831    6,571    103,657 
Net book values
Closing balance as at 31 March 2025 23,833    1,448    8,632    1,767    35,680 
Opening balance as at 01 April 2024 30,967    1,931    5,862    2,098    40,858 


2