Euro Bathrooms Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Certified Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Euro Bathrooms Ltd

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Euro Bathrooms Ltd for the year ended 30 April 2025 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/gb/en/about-us/regulations/rulebook.html.

Our work has been undertaken solely to prepare for your approval the financial statements of Euro Bathrooms Ltd and state those matters that we have agreed to state to the Board of Directors of Euro Bathrooms Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/dam/ACCA_Global/Technical/technical-factsheet-163.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Euro Bathrooms Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Euro Bathrooms Ltd. You consider that Euro Bathrooms Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Euro Bathrooms Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

29/11/2025

Sunil N Patel & Co

Chartered Certified Accountants

14 Chertsey Street

London

SW17 8LG

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Euro Bathrooms Ltd

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 08046393

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		623,741		649,735

			623,741		649,735
CURRENT ASSETS
Stocks	5	421,771		501,616
Debtors	6	208,869		204,752
Cash at bank and in hand		38,158		50,887

		668,798		757,255
Creditors: Amounts Falling Due Within One Year	7	(669,195 )		(743,479 )

NET CURRENT ASSETS (LIABILITIES)			(397 )		13,776

TOTAL ASSETS LESS CURRENT LIABILITIES			623,344		663,511

Creditors: Amounts Falling Due After More Than One Year	8		(341,867 )		(377,687 )

NET ASSETS			281,477		285,824

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			281,377		285,724

SHAREHOLDERS' FUNDS			281,477		285,824

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Euro Bathrooms Ltd

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

Mr Sharad Paul

Director

29/11/2025

The notes on pages 4 to 7 form part of these financial statements.

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Euro Bathrooms Ltd

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Euro Bathrooms Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08046393 . The registered office is Unit 11 Maple Grove Business Centre, Lawrence Road, Hounslow, Middlesex, TW4 6DR.

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. Going Concern Disclosure

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. Hence, company has chosen to continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Staight line basis
Plant & Machinery	15% Reducing balance basis
Motor Vehicles	25% Reducing balance basis
Fixtures & Fittings	15 % Reducing baalnce basis

2.5. Leasing and Hire Purchase Contracts

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards

of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception

and the present value of the minimum lease payments. The related liability is included in the balance sheet as a

finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is

charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.6. 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.

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Euro Bathrooms Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.7. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and trade and other creditors , loans from bank and other third parties.

Basic financial assets

Basic financial assets which include trade and other debtors and cash and bank balances are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transactions, where the transactions measured at the present value of the future receipts discounted at market rate of interest.Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, loans from bank, loans from third parties and loans from related parties are initially recognised at transaction price unless the arrangement constitutes a financing transactions where the debt is measured at the present value of the future payments discounted at market rate of interest.Such instruments are subsequently carried at amortised cost using the effective interest method, less impairment.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.9. 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.

2.10. Pensions

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.

2.11. Comparative amounts

Certain comparative amounts are restated to ensure comparability without affecting the relevant net results.

2.12. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2024: 13)

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Euro Bathrooms Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 May 2024	676,500	37,110	108,350	48,582	870,542
Additions	-	-	-	4,930	4,930

As at 30 April 2025	676,500	37,110	108,350	53,512	875,472

Depreciation
As at 1 May 2024	107,240	23,981	62,532	27,054	220,807
Provided during the period	13,530	1,969	11,456	3,969	30,924

As at 30 April 2025	120,770	25,950	73,988	31,023	251,731

Net Book Value
As at 30 April 2025	555,730	11,160	34,362	22,489	623,741

As at 1 May 2024	569,260	13,129	45,818	21,528	649,735

5. Stocks

	2025	2024
	£	£
Stock	421,771	501,616

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	154,690	177,484
Prepayments and accrued income	49,482	26,120
Other debtors	3,750	-
Deferred tax current asset	947	1,148

	208,869	204,752

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	6,677	13,932
Trade creditors	184,347	203,234
Bank loans and overdrafts	32,057	30,805
Other loans	79,125	25,000
Other creditors	322,620	390,967
Taxation and social security	44,369	79,541

	669,195	743,479

Bank borrowing are secured by a fixed and floating charge against the asset of the company.

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Euro Bathrooms Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	3,763
Bank loans	187,180	219,236
Other loans	2,687	2,688
Other creditors	152,000	152,000

	341,867	377,687

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	6,677	13,932
Later than one year and not later than five years	-	3,763

	6,677	17,695

	6,677	17,695

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	2,000	-

12. Related Party Transactions

During the year, total dividends of £2,000 (2024: £nil) were paid to driectors.

At the balance sheet dat, amount due to the directors Mr S Paul and Mrs K Paul £424,524 (2024: £411,388)

The directors Mr S Paul and Mrs K Paul have given a personal guarantee of £130,000 to the bankers

The director together with his spouse controlled the company by virtue of the controlling interest of 100% of issued ordinary share capital for the year ended 30 Apirl 2025 and 2024.

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