1 April 2024 false No description of principal activity Taxfiler 2024.6 05019175 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05019175 2024-03-31 05019175 2024-04-01 2025-03-31 05019175 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05019175 business:FilletedAccounts 2024-04-01 2025-03-31 05019175 2025-03-31 05019175 business:Director1 2024-04-01 2025-03-31 05019175 business:Director2 2024-04-01 2025-03-31 05019175 business:RegisteredOffice 2024-04-01 2025-03-31 05019175 2024-03-31 05019175 core:WithinOneYear 2025-03-31 05019175 core:WithinOneYear 2024-03-31 05019175 core:AfterOneYear 2025-03-31 05019175 core:AfterOneYear 2024-03-31 05019175 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 05019175 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 05019175 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 05019175 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 05019175 core:PreviouslyStatedAmount 2025-03-31 05019175 core:PreviouslyStatedAmount 2024-03-31 05019175 business:SmallEntities 2024-04-01 2025-03-31 05019175 countries:EnglandWales 2024-04-01 2025-03-31 05019175 core:PlantMachinery 2024-04-01 2025-03-31 05019175 core:MotorVehicles 2024-04-01 2025-03-31 05019175 core:PlantMachinery 2024-03-31 05019175 core:MotorVehicles 2024-03-31 05019175 core:PlantMachinery 2025-03-31 05019175 core:MotorVehicles 2025-03-31 05019175 business:OrdinaryShareClass1 2024-04-01 2025-03-31 05019175 business:OrdinaryShareClass1 2023-04-01 2024-03-31 05019175 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05019175 (England and Wales)
Impact Kitchens & Bedrooms Limited Unaudited accounts for the year ended 31 March 2025
Impact Kitchens & Bedrooms Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Impact Kitchens & Bedrooms Limited Company Information for the year ended 31 March 2025
Directors
Mr I Lee Mr P Entwistle
Company Number
05019175 (England and Wales)
Registered Office
30 FAIRHAVEN AVENUE WESTHOUGHTON BOLTON BL5 3HE
Accountants
P A Hull & Co 30 Bolton Road Aspull Wigan Lancashire WN2 1YY
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Impact Kitchens & Bedrooms Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Impact Kitchens & Bedrooms Limited for the year ended 31 March 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co Chartered Accountants 30 Bolton Road Aspull Wigan Lancashire WN2 1YY 25 September 2025
- 4 -
Impact Kitchens & Bedrooms Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
147,957
132,875
Current assets
Inventories
129,365
151,365
Debtors
5
38,216
120,301
Cash at bank and in hand
292,745
292,463
460,326
564,129
Creditors: amounts falling due within one year
6
(308,486)
(314,315)
Net current assets
151,840
249,814
Total assets less current liabilities
299,797
382,689
Creditors: amounts falling due after more than one year
7
(44,066)
(30,562)
Provisions for liabilities
Deferred tax
(28,112)
(25,247)
Net assets
227,619
326,880
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
227,519
326,780
Shareholders' funds
227,619
326,880
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 8 January 2026 and were signed on its behalf by
Mr I Lee Director Company Registration No. 05019175
- 5 -
Impact Kitchens & Bedrooms Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Impact Kitchens & Bedrooms Limited is a private company, limited by shares, registered in England and Wales, registration number 05019175. The registered office is 30 FAIRHAVEN AVENUE, WESTHOUGHTON, BOLTON, BL5 3HE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Investments
Investments in shares are included at fair value.
- 6 -
Impact Kitchens & Bedrooms Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
222,198
167,792
389,990
Additions
62,401
-
62,401
At 31 March 2025
284,599
167,792
452,391
Depreciation
At 1 April 2024
145,956
111,159
257,115
Charge for the year
35,992
11,327
47,319
At 31 March 2025
181,948
122,486
304,434
Net book value
At 31 March 2025
102,651
45,306
147,957
At 31 March 2024
76,242
56,633
132,875
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
21,667
28,393
Accrued income and prepayments
7,710
8,069
Other debtors
8,839
83,839
38,216
120,301
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
9,995
10,000
VAT
33,251
43,066
Obligations under finance leases and hire purchase contracts
36,205
37,603
Trade creditors
28,474
63,991
Taxes and social security
11,594
11,546
Other creditors
674
328
Loans from directors
10,322
8,822
Accruals
5,903
5,769
Deferred income
172,068
133,190
308,486
314,315
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,000
12,000
Obligations under finance leases and hire purchase contracts
42,066
18,562
44,066
30,562
- 7 -
Impact Kitchens & Bedrooms Limited Notes to the Accounts for the year ended 31 March 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the year the company paid rent to P I L E amounting to £65,000 (2024 : £53,333) a business of which Mr I Lee and Mr P Entwistle are partners. On 31 March 2025, the company was owed £8,839 (2024: £83,839) from P I L E. This balance has been fully paid after the year end. During the year the company invoiced P I L E £25,000 for work done (2024:£0)
10
Average number of employees
During the year the average number of employees was 18 (2024: 20).
- 8 -