Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-010falseNo description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13355599 2024-01-01 2024-12-31 13355599 2023-01-01 2023-12-31 13355599 2024-12-31 13355599 2023-12-31 13355599 c:Director1 2024-01-01 2024-12-31 13355599 c:Director2 2024-01-01 2024-12-31 13355599 c:RegisteredOffice 2024-01-01 2024-12-31 13355599 d:CurrentFinancialInstruments 2024-12-31 13355599 d:CurrentFinancialInstruments 2023-12-31 13355599 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13355599 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13355599 d:ShareCapital 2024-12-31 13355599 d:ShareCapital 2023-12-31 13355599 d:RetainedEarningsAccumulatedLosses 2024-12-31 13355599 d:RetainedEarningsAccumulatedLosses 2023-12-31 13355599 c:FRS102 2024-01-01 2024-12-31 13355599 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13355599 c:FullAccounts 2024-01-01 2024-12-31 13355599 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13355599 2 2024-01-01 2024-12-31 13355599 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 13355599







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


SUNLEY BATH LIMITED






































img539d.png                        

 


SUNLEY BATH LIMITED
 


 
COMPANY INFORMATION


Directors
James B Sunley 
Lisa H Sunley 




Registered number
13355599



Registered office
1 Bagshot Road

Chobham

Woking

GU24 8BZ




Accountants
Menzies LLP
Chartered Accountants

95 Gresham Street

London

EC2V 7AB





 


SUNLEY BATH LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


SUNLEY BATH LIMITED
REGISTERED NUMBER:13355599



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
447,886
5,397,827

Debtors: amounts falling due within one year
 4 
7,247
17,440

Cash at bank and in hand
  
16,063
19,173

  
471,196
5,434,440

Creditors: amounts falling due within one year
 5 
(935,496)
(5,439,526)

Net current liabilities
  
 
 
(464,300)
 
 
(5,086)

Total assets less current liabilities
  
(464,300)
(5,086)

Provisions for liabilities
  

Deferred tax
  
(1,258)
-

  
 
 
(1,258)
 
 
-

Net liabilities
  
(465,558)
(5,086)

Page 1

 


SUNLEY BATH LIMITED
REGISTERED NUMBER:13355599


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(465,559)
(5,087)

  
(465,558)
(5,086)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




James B Sunley
Director

Date: 29 August 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


SUNLEY BATH LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Sunley Bath Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 


SUNLEY BATH LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 


SUNLEY BATH LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Debtors

2024
2023
£
£


Other debtors
7,247
17,440

7,247
17,440



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
3,425,130

Trade creditors
4,399
171,328

Amounts owed to group undertakings
864,612
1,824,678

Other creditors
25,944
16,595

Accruals and deferred income
40,541
1,795

935,496
5,439,526



6.


Controlling party

The immediate parent company is Sunley Holdings Limited and the ultimate parent company is Sunley Family Holding Limited, both companies are registered in England and Wales.
The company is exempt from preparing consolidated accounts on the grounds that it is part of a small group.
The directors do not consider there to be an ultimate controlling party.

 
Page 5