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

COMPANY REGISTRATION NUMBER: 12293357

The Retreat Lifestyle Limited

Filleted Unaudited Financial Statements

31 December 2024

The Retreat Lifestyle Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Balance sheet	1

Notes to the financial statements	3

The Retreat Lifestyle Limited

Balance Sheet

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	4		718		957

Current assets

Stocks		500	3,500
Debtors	5	73,772	87,407
Cash at bank and in hand		3	1,698
		--------	--------
		74,275	92,605

Creditors: amounts falling due within one year	6	44,501		40,813
		--------		--------
Net current assets			29,774		51,792
			--------		--------
Total assets less current liabilities			30,492		52,749

Creditors: amounts falling due after more than one year	7		30,055		38,026

Provisions

Taxation including deferred tax	180	239
	--------	--------
Net assets	257	14,484
	--------	--------

The Retreat Lifestyle Limited

Balance Sheet (continued)

31 December 2024

	2024		2023
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	157	14,384
	----	--------
Shareholders funds	257	14,484
	----	--------

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: 12293357

The Retreat Lifestyle 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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts 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:

	Plant and machinery	-	25% reducing balance

4. Tangible assets

	Plant and machinery
	£
Cost
At 1 January 2024 and 31 December 2024	999
	----
Depreciation
At 1 January 2024	42
Charge for the year	239
	----
At 31 December 2024	281
	----
Carrying amount
At 31 December 2024	718
	----
At 31 December 2023	957
	----

5. Debtors

	2024	2023
	£	£
Other debtors	73,772	87,407
	--------	--------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	8,640	8,940
Trade creditors	5,741	3,780
Corporation tax	28,320	26,293
Other creditors	1,800	1,800
	--------	--------
	44,501	40,813
	--------	--------

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

	2024	2023
	£	£
Bank loans and overdrafts	30,055	38,026
	--------	--------

8. Directors' advances, credits and guarantees

During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year the directors owed the company £33,915, and at the end of the year the directors owed £6,864. During the year £27,051 was repaid.

9. Related party transactions

During the year, the the company had an interest-free, repayable on demand loan with a related party. At the start of the year the company was owed £42,470 by the related party and at the end of the year was owed £55,886. During the year the company raised sales to the value of £21,205 (2023: £25,548) to this related party.