| Totnes Tile & Bath Limited |
| Registered Number:09152597 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Totnes Tile & Bath Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Totnes Tile & Bath Limited
Statement of Financial Position
2024
2025
17,024
20,096
2
| Property, plant and equipment |
26,158
32,866
3
43,182
52,962
15,550
15,550
5
| Trade and other receivables |
63,546
32,614
6
91,891
| Cash and cash equivalents |
58,509
106,673
170,987
| Trade and other payables: amounts falling due within one |
| year |
(150,668)
(72,977)
7
20,319
33,696
Net current assets
| Total assets less current liabilities |
76,878
73,281
| Trade and other payables: amounts falling due after more |
| than one year |
(12,235)
-
8
(605)
(605)
| Provisions for liabilities |
76,273
Net assets
60,441
120,004
120,004
11,678
11,678
(55,409)
(71,241)
76,273
60,441
Shareholders' funds
| For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2025
Totnes Tile & Bath Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 21 March 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Totnes Tile & Bath Limited
Notes to the Financial Statements
Statutory Information
| Totnes Tile & Bath Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09152597. |
1 Archant House
Babbage Road
Totnes
Devon
TQ9 5JA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Bounce Back Loan
| During the year the Company received a Bounce Back Loan which is initially repayable over 6 years. The interest |
| has been charged to the Profit and Loss Account as appropriate, with a Grant being received to cover the first 12 |
| months of the interest payable and the loan recorded in the balance sheet. |
| 2. Intangible fixed assets |
Goodwill
67,010
67,010
46,914
3,072
Charge for year
49,986
17,024
20,096
| During the year the policy in respect of Intangible Assets was revised to amortise Goodwill over 12 years from their |
| orginal cost date. |
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For the year ended 31 March 2025
Totnes Tile & Bath Limited
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
Motor Vehicles
102,962
42,695
60,267
60,267
42,695
102,962
| Provision for depreciation and impairment |
70,096
33,711
36,385
Charge for year
6,708
1,236
5,472
76,804
34,947
41,857
18,410
7,748
26,158
23,882
8,984
32,866
| 4. Investments held as fixed assets |
2024
2025
15,550
15,550
| 6. Trade and other receivables |
2024
2025
32,614
63,546
| 7. Trade and other payables: amounts falling due within one year |
2024
2025
5,000
15,200
45,503
89,596
| Taxation and social security |
15,397
38,779
7,077
7,093
72,977
150,668
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For the year ended 31 March 2025
Totnes Tile & Bath Limited
Notes to the Financial Statements Continued
| 8. Trade and other payables: amounts falling due after more than one year |
2024
2025
-
12,235
| 9. Related party transactions |
The company was under the control of (Controlling Party) during this year.
| 10. Directors advances and guarantees |
[Enter Note]
| 11. Average number of persons employed |
During the year the average number of employees was 4 (2024 : 4)
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