Access And Mobility Bathrooms Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 14385209 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Access And Mobility Bathrooms Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

5

1,383

1,577

Tangible assets

6

25,512

3,134

26,895

4,711

CURRENT ASSETS

Stocks

600

500

Debtors

7

106,966

106,175

Cash at bank

113,693

104,513

221,259

211,188

CREDITORS

Amounts falling due within one year

8

(153,859

)

(174,331

)

NET CURRENT ASSETS

67,400

36,857

TOTAL ASSETS LESS CURRENT LIABILITIES

94,295

41,568

CREDITORS

Amounts falling due after more than one year

9

(42,761

)

(30,752

)

PROVISIONS FOR LIABILITIES

(5,110

)

(1,155

)

NET ASSETS

46,424

9,661

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

46,423

9,660

46,424

9,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 20 October 2025 and were signed by:

L Brand - Director

1.	STATUTORY INFORMATION

Access And Mobility Bathrooms Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14385209

Registered office:

5 The Oundle

Stevenage

Hertfordshire

SG2 8JY

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Income from services is recognised in the period in which the services are delivered. Where income is received in advance of the service being provided or performance obligations being met, it is deferred and recognised as a liability in the balance sheet. This income is subsequently recognised in the profit and loss account when the service is delivered or the performance obligation is satisfied.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line

Plant and machinery

20% straight line

Motor vehicles

20% reducing balance

Leasehold improvements

20% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Useful life

Website development

10 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed for bad debts on an annual basis. Any adjustment is made accordingly through the profit and loss account.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 October 2024

and 30 September 2025

1,934

AMORTISATION

At 1 October 2024

357

Amortisation for year

194

At 30 September 2025

551

NET BOOK VALUE

At 30 September 2025

1,383

At 30 September 2024

1,577

6.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

COST

At 1 October 2024

-

917

-

3,047

3,964

Additions

204

-

25,580

721

26,505

Disposals

-

(147

)

(147

)

At 30 September 2025

204

917

25,580

3,621

30,322

DEPRECIATION

At 1 October 2024

-

153

-

677

830

Charge for year

6

183

3,101

776

4,066

Eliminated on disposal

-

(86

)

(86

)

At 30 September 2025

6

336

3,101

1,367

4,810

NET BOOK VALUE

At 30 September 2025

198

581

22,479

2,254

25,512

At 30 September 2024

-

764

-

2,370

3,134

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

84,392

77,391

Other debtors

22,574

28,784

106,966

106,175

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 10)

34,804

3,887

Trade creditors

3,060

760

Taxation and social security

42,022

38,235

Other creditors

73,973

131,449

153,859

174,331

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank and Hire Purchase loan (see note 10)

42,761

30,752

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,475

11,377

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank overdrafts

23,150

-

Bank loans

4,225

3,887

Hire Purchase Loan Due Under 1

7,429

-

34,804

3,887

Amounts falling due between one and two years:

Bank loans - 1-2 years

4,606

4,237

Hire Purchase Loan Due 1-2 yrs

4,303

-

8,909

4,237

Amounts falling due between two and five years:

Bank loans - 2-5 years

16,456

15,138

Hire Purchase Loan Due 2-5 yrs

11,921

-

28,377

15,138

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,475

11,377

The company has a bank loan from Natwest. The amount due within 1 year is £4,225 (2024 - £3,887) and the amount due over 1 year is £26,537 (2024 - £30,752). The loan is secured by a personal guarantee of £35,000 from Mr. Lee Anthony Brand.

The company has a hire purchase agreement with Close Brothers relating to a Ford Transit Custom. The amount due within 1 year is £1,971 (2024 - £Nil) and the amount due over 1 year is £8,744 (2024 - £Nil).

The company has a hire purchase agreement with Lombard Finance relating to a Citroen Berlingo. The amount due within 1 year is £5,458 (2024 - NIL) and the amount due over 1 year is £7,480 (2024 - NIL).

11.	OTHER FINANCIAL COMMITMENTS

Amounts not provided for in the balance sheet

The amount of financial commitments not included in the balance sheet in respect of a rental agreement which expires in September 2028 is £18,229 (2024 - £NIL).

The amount of financial commitments not included in the balance sheet in relation to the business' storage facility which it leases on a one month rolling contract is £125 (2024 - £125).

12.	SHARE CAPITAL

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary shares of £1 each

1

13.

DIVIDENDS

2025

2024

£

Interim dividend of £92,100 (2024 - £100,100 ) per ordinary share

92,100

100,100

14.	RELATED PARTY TRANSACTIONS

Transactions with the director

2025

At 01 October
2024

Advances to
director

Repayments by
director

At 30
September
2025

£

Mr Lee Brand

(148

)

101,582

(101,549

)

(115

)

2024

1 October 2024

nces to directors

ent by director

ptember 2025

£

Mr Lee Brand

(204

)

110,394

(110,339

)

(148

)

This loan is charged at market rate and is repayable on demand.

15.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L Brand, by virtue of his shareholdings.