Registration number:
ZRJ Kitchens & Bedrooms Ltd
trading as
for the Period from 13 December 2023 to 31 December 2024
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
Contents
|
Balance Sheet |
|
|
Notes to the Unaudited Financial Statements |
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
(Registration number: 15348024)
Balance Sheet as at 31 December 2024
|
Note |
2024 |
|
|
Fixed assets |
||
|
Intangible assets |
|
|
|
Current assets |
||
|
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
|
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
|
|
Net liabilities |
( |
|
|
Capital and reserves |
||
|
Called up share capital |
1 |
|
|
Retained earnings |
(19,321) |
|
|
Shareholders' deficit |
(19,320) |
For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
|
• |
|
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
(Registration number: 15348024)
Balance Sheet as at 31 December 2024
Approved and authorised by the
|
......................................... |
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 2024
|
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue from the sale of goods and provision of services at the point the products are installed and associated services delivered.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows.
|
Asset class |
Amortisation method and rate |
|
Franchise Fees |
20% Straight line |
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 2024
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 2024
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at fair value of the cash or other resources received or receivable, net of direct costs of issuing equity instruments. If payment is deferred and the time value for money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
|
Intangible assets |
|
Franchise Fees |
Total |
|
|
Cost or valuation |
||
|
Additions acquired separately |
|
|
|
At 31 December 2024 |
|
|
|
Amortisation |
||
|
Amortisation charge |
|
|
|
At 31 December 2024 |
|
|
|
Carrying amount |
||
|
At 31 December 2024 |
|
|
|
Debtors |
|
Current |
2024 |
|
Other debtors |
|
|
|
ZRJ Kitchens & Bedrooms Ltd
trading as Dream Doors Twickenham
Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 2024
|
Creditors |
Creditors: amounts falling due within one year
|
Note |
2024 |
|
|
Due within one year |
||
|
Loans and borrowings |
|
|
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
Other creditors |
|
|
|
|
Creditors: amounts falling due after more than one year
|
Note |
2024 |
|
|
Due after one year |
||
|
Loans and borrowings |
|