Buy Bathrooms Direct Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 12860803

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	385,339		275,380
Debtors	5	114,713		14,686

		500,052		290,066
Creditors: Amounts Falling Due Within One Year	6	(498,528 )		(315,556 )

NET CURRENT ASSETS (LIABILITIES)			1,524		(25,490 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,524		(25,490 )

NET ASSETS/(LIABILITIES)			1,524		(25,490 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			1,424		(25,590 )

SHAREHOLDERS' FUNDS			1,524		(25,490)

For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Angela Laybourn

Director

24 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Buy Bathrooms Direct Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12860803 . The registered office is 7 St Petersgate, Stockport, Cheshire, SK1 1EB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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Buy Bathrooms Direct Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

4. Stocks

	2024	2023
	£	£
Finished goods	385,339	275,380

5. Debtors

	2024	2023
	£	£
Due within one year
Amounts owed by group undertakings	3,208	2,025
Amounts owed by participating interests	43,735	6,975
Other debtors	67,770	5,686

	114,713	14,686

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	77,097	37,654
Other creditors	420,947	277,902
Taxation and social security	484	-

	498,528	315,556

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

MTT Online Retail Limited is considered to be a related party of the company and at the year end was owed £30,020 (2023:Nil)

Halle Tiles Online Limited is considered to be a related party of the company and at the year end was owed £20,025 (2023:Nil).

Halle Tiles (Stores) Limited is considered to be a related party of the company and at the year end was owed £14,424 (2023:Nil).

Click 4 Bathrooms Limited is considered to be a related party of the company and at the year end was owed £3,208 (2023:£2,2026).

Tiles Online Limited is considered to be a related party of the company and at the year end was owed £49,735 (2023:£6,975).

MTT Retail Consultancy Limited is considered to be a related party of the company and at the year end the company owed them £58,393 (2023:£26,500).

HLTG Retail Limited is considered to be a related party of the company and at the year end the company owed them £256,406 (2023:£239,691).

Halle Tiles Limited is considered to be a related party of the company and at the year end the company owed them £12,241 (2023:£10,300).

Halle Tiles (Wilmslow) Limited is considered to be a related party of the company and at the year end the company owed them £707 (2023:Nil).

HLTG Tile Distribution Limited is considered to be a related party of the company and at the year end the company owed them £24,500 (2023:Nil).

Halle Distribution Limited is considered to be a related party of the company and at the year end the company owed them £66,977 (2023:Nil).

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