Company Registration No. 11126163 (England and Wales)
Sleep Village Ltd
Unaudited accounts
for the year ended 31 December 2024
Sleep Village Ltd
Unaudited accounts
Contents
Sleep Village Ltd
Company Information
for the year ended 31 December 2024
Company Number
11126163 (England and Wales)
Registered Office
3 Ravens Grove
Dewsbury
WF13 3QH
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Sleep Village Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
24,422
28,164
Cash at bank and in hand
28,969
8,844
Creditors: amounts falling due within one year
(97,310)
(59,442)
Net current liabilities
(47,211)
(46,998)
Total assets less current liabilities
(22,789)
(18,834)
Creditors: amounts falling due after more than one year
(77,706)
(60,583)
Net liabilities
(100,495)
(79,417)
Called up share capital
1
1
Profit and loss account
(100,496)
(79,418)
Shareholders' funds
(100,495)
(79,417)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 December 2025 and were signed on its behalf by
Harun Nawaz
Director
Company Registration No. 11126163
Sleep Village Ltd
Notes to the Accounts
for the year ended 31 December 2024
Sleep Village Ltd is a private company, limited by shares, registered in England and Wales, registration number 11126163. The registered office is 3 Ravens Grove, Dewsbury, WF13 3QH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Sleep Village Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
10,167
34,717
44,884
At 31 December 2024
10,167
37,282
47,449
At 1 January 2024
6,950
9,770
16,720
Charge for the year
804
5,503
6,307
At 31 December 2024
7,754
15,273
23,027
At 31 December 2024
2,413
22,009
24,422
At 31 December 2023
3,217
24,947
28,164
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,686
11,010
Trade creditors
83,334
35,484
Taxes and social security
10
6
Other creditors
2,024
6,717
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
48,424
36,924
Loans from directors
11,509
5,524
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).