REGISTERED NUMBER: 12547572 (England and Wales)

SIX THE RESIDENCE LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss D L V Brown

G T Bosworth

REGISTERED OFFICE:

Unit 2

Gainsborough Trading Estte

Rufford Road

Stourbridge

West Midlands

DY9 7ND

REGISTERED NUMBER:

12547572 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

10,680

15,662

CURRENT ASSETS

Stocks

67,372

68,228

Debtors

5

294,817

320,746

Cash at bank

21,769

22,111

383,958

411,085

CREDITORS

Amounts falling due within one year

6

350,585

382,420

NET CURRENT ASSETS

33,373

28,665

TOTAL ASSETS LESS CURRENT LIABILITIES

44,053

44,327

PROVISIONS FOR LIABILITIES

2,495

3,916

NET ASSETS

41,558

40,411

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

41,557

40,410

SHAREHOLDERS' FUNDS

41,558

40,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

G T Bosworth - Director

1.	STATUTORY INFORMATION

Six The Residence Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

32,756

3,431

36,187

Additions

1,892

1,089

2,981

At 31 December 2024

34,648

4,520

39,168

DEPRECIATION

At 1 January 2024

18,261

2,264

20,525

Charge for year

6,774

1,189

7,963

At 31 December 2024

25,035

3,453

28,488

NET BOOK VALUE

At 31 December 2024

9,613

1,067

10,680

At 31 December 2023

14,495

1,167

15,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,745

14,987

Other debtors

232,135

286,516

Directors' loan accounts

29,213

-

Prepayments

29,724

19,243

294,817

320,746

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans

60,354

56,143

Trade creditors

23,121

132

Social security and other taxes

26,385

93,716

Other creditors

-

398

Accruals and deferred income

240,725

232,031

350,585

382,420

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

2024

2023

£

£

G T Bosworth

Balance outstanding at start of year

-

43,755

Amounts advanced

29,213

13,139

Amounts repaid

-

(56,894

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,213

-