REGISTERED NUMBER: 12346705 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Town And Country Kitchens And Bathrooms

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Carss

A D Mould

Mrs N L Carss

REGISTERED OFFICE:

8 High Street

Botley

Southampton

SO30 2EA

REGISTERED NUMBER:

12346705 (England and Wales)

ACCOUNTANTS:

Butler & Co (Bishops Waltham) Limited

Chartered Accountants

Avalon House

Waltham Business Park

Brickyard Road, Swanmore

Southampton

Hampshire

SO32 2SA

FIXED ASSETS

Tangible assets

5

25,733

32,178

CURRENT ASSETS

Stocks

235,000

186,000

Debtors

6

6,250

6,250

Cash at bank

6

6

241,256

192,256

CREDITORS

Amounts falling due within one year

7

241,846

206,961

NET CURRENT LIABILITIES

(590

)

(14,705

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,143

17,473

CREDITORS

Amounts falling due after more than one year

8

(20,295

)

(14,184

)

PROVISIONS FOR LIABILITIES

(1,827

)

(2,521

)

NET ASSETS

3,021

768

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

2,821

568

SHAREHOLDERS' FUNDS

3,021

768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

J Carss - Director

1.	STATUTORY INFORMATION

Town And Country Kitchens And Bathrooms Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost, 20% reducing balance basis, Straight line over 10 years and Straight line over 3 years

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Showroom

Improvements

fixtures

to

and

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

35,742

25,358

13,154

1,833

76,087

DEPRECIATION

At 1 April 2024

11,701

23,292

7,298

1,618

43,909

Charge for year

3,574

1,528

1,171

172

6,445

At 31 March 2025

15,275

24,820

8,469

1,790

50,354

NET BOOK VALUE

At 31 March 2025

20,467

538

4,685

43

25,733

At 31 March 2024

24,041

2,066

5,856

215

32,178

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

13,154

DEPRECIATION

At 1 April 2024

7,298

Charge for year

1,171

At 31 March 2025

8,469

NET BOOK VALUE

At 31 March 2025

4,685

At 31 March 2024

5,856

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

3,750

3,750

Prepayments

2,500

2,500

6,250

6,250

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

53,609

48,780

Other loans

19,947

-

Hire purchase contracts

1,093

3,148

Trade creditors

139

139

Tax

72,773

57,507

VAT

50,058

24,304

Net wages payable

156

-

Directors' current accounts

42,246

71,308

Accrued expenses

1,825

1,775

241,846

206,961

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

2,651

13,091

Other loans - 1-2 years

17,644

-

Hire purchase contracts

-

1,093

20,295

14,184

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the company had financial commitments due of £65,778 relating to future operating lease payments.