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Draft
Hotspring Southwest Limited
Registered Number:07970462
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 March 2025
Hotspring Southwest Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Draft
Registered Number :
07970462
As at 31 March 2025
Hotspring Southwest Limited
Statement of Financial Position
Restated
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
51,139
68,185
51,139
68,185
Current assets
Inventories
203,446
136,560
2
Trade and other receivables
816,397
689,146
3
825,706
1,019,843
Trade and other payables: amounts falling due within one
year
(324,927)
(235,115)
4
694,916
590,591
Net current assets
Total assets less current liabilities
641,730
763,101
Trade and other payables: amounts falling due after more
than one year
(903,800)
(490,458)
5
151,272
Net assets/liabilities
(140,699)
Capital and reserves
Called up share capital
2
2
Retained earnings
151,270
(140,701)
151,272
(140,699)
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 director acknowledges his 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.
Mr Justyn Rowley Director
These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by:
The notes form part of these financial statements
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4
Draft
For the year ended 31 March 2025
Hotspring Southwest Limited
Notes to the Financial Statements
Statutory Information
Hotspring Southwest Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07970462.
Principal place of business:
Unit 19 5c Business Centre
Concorde Drive
Clevedon
North Somerset
BS21 6UH
Registered address:
9 Malvern Road
Worcester
WR2 4LE
The presentation currency is £ sterling.
1. Accounting policies
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.
2. Inventories
2024
2025
£
£
Stocks
136,560
203,446
The director has assured that stock has been stated at the lower of cost or net realisable value; these have not been independently verified.
3. Trade and other receivables
2024
2025
£
£
Trade debtors
-
33,694
Amounts owed by directors
232,350
208,135
Taxation and social security
6,815
16,554
Other debtors
449,981
558,014
816,397
689,146
The debtors above include the following amounts falling due after more than one year:
Other debtors
405,027
479,795
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5
Draft
For the year ended 31 March 2025
Hotspring Southwest Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Bank loans and overdraft
12,362
83,137
Trade creditors
193,491
127,299
Taxation and social security
3,929
72,636
Accruals and deferred income
3,000
18,732
Obligations under HP/Financial leases
4,784
9,620
Other creditors
17,549
13,503
235,115
324,927
5. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft
30,551
121,845
8,123
9,361
Obligations under HP/Financial leases
Other creditors
450,546
773,832
490,458
903,800
6. Related party transactions
During the year they company entered into related party transactions. The Companies have a Director in common.
At the year end of 31 March 2025 the Company was owed the following amounts:
Bristol Hotspring Ltd £405,027 (2024 £479,795)
At the year end of 31 March 2025 the company owed the following amounts:
Plymouth Hotspring £450,546 (2024 £773,832)
7. Average number of persons employed
During the year the average number of employees was 1 (2024 : 10)
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