The Retreat At Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05639226

The Retreat At Limited

Filleted Unaudited Financial Statements

31 December 2024

The Retreat At Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Balance sheet	1

Notes to the financial statements	3

The Retreat At Limited

Balance Sheet

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	5		598		5,380

Current assets

Stocks		500	500
Debtors	6	203,254	244,850
Cash at bank and in hand		54	48
		---------	---------
		203,808	245,398

Creditors: amounts falling due within one year	7	133,775		151,031
		---------		---------
Net current assets			70,033		94,367
			--------		--------
Total assets less current liabilities			70,631		99,747

Creditors: amounts falling due after more than one year	8		195,691		199,568

Provisions

Taxation including deferred tax	114	170
	---------	---------
Net liabilities	( 125,174)	( 99,991)
	---------	---------

The Retreat At Limited

Balance Sheet (continued)

31 December 2024

	2024		2023
Note	£	£	£	£

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 125,176)	( 99,993)
	---------	--------
Shareholders deficit	( 125,174)	( 99,991)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

Mr M Otley

Director

Company registration number: 05639226

The Retreat At Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Coach House, Park View Terrace, Worcester, WR3 7AG.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis. The directors deem this to be appropriate and do not consider that a material uncertainty exists regarding going concern. The directors will continue to support the company for the foreseeable future. In making this assessment the directors have considered the likely trading conditions for a period of twelve months from the date of the approval of the accounts.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold property	-	15% reducing balance
Plant and machinery	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2023: 12 ).

5. Tangible assets

	Long leasehold property	Plant and machinery	Total
	£	£	£
Cost
At 1 January 2024	10,802	4,386	15,188
Disposals	( 10,802)	( 1,044)	( 11,846)
	--------	-------	--------
At 31 December 2024	–	3,342	3,342
	--------	-------	--------
Depreciation
At 1 January 2024	6,317	3,491	9,808
Charge for the year	673	296	969
Disposals	( 6,990)	( 1,043)	( 8,033)
	--------	-------	--------
At 31 December 2024	–	2,744	2,744
	--------	-------	--------
Carrying amount
At 31 December 2024	–	598	598
	--------	-------	--------
At 31 December 2023	4,485	895	5,380
	--------	-------	--------

6. Debtors

	2024	2023
	£	£
Other debtors	203,254	244,850
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	19,276	20,225
Trade creditors	16,391	19,071
Corporation tax	–	1,851
Social security and other taxes	20,977	48,961
Other creditors	77,131	60,923
	---------	---------
	133,775	151,031
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	33,163	39,961
Other creditors	162,528	159,607
	---------	---------
	195,691	199,568
	---------	---------

Other creditors include loans that are secured on the assets of the company and guaranteed personally by the directors.

9. Directors' advances, credits and guarantees

The directors had an interest free, repayable on demand loan during the year. At the beginning of the year they owed the company £162,368 and at the end of the year they owed the company £157,847. During the year the directors repaid £4,521.

10. Related party transactions

During the year, the company had an interest free, repayable on demand loan with a related party. At the beginning of the year they owed the related party £42,470 and at the end of the year they owed £55,886. During the year the company purchased goods to the value of £21,205 (2023: £25,548) from this related party.