Lava Bathrooms and Tiles Ltd - Filleted accounts

Registered number

11442565

Lava Bathrooms and Tiles Ltd

Filleted Accounts

31 July 2025

Lava Bathrooms and Tiles Ltd
Registered number:		11442565
Balance Sheet
as at 31 July 2025

	Notes		2025			2024
£				£
Fixed assets
Tangible assets	3		677			807

Current assets
Debtors	4	10,855			15,445
Cash at bank and in hand		10			513
		10,865			15,958

Creditors: amounts falling due within one year	5	(7,372)			(7,069)

Net current assets			3,493			8,889

Total assets less current liabilities			4,170			9,696

Creditors: amounts falling due after more than one year	6		(18,036)			(23,210)



Net liabilities			(13,866)			(13,514)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(13,966)			(13,614)

Shareholder's funds			(13,866)			(13,514)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dominic Grant
Director
Approved by the board on 22 April 2026

Lava Bathrooms and Tiles Ltd
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant & machinery	over 5 to 8 years


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Grants
	Grants which relate to revenue are recognised as income in the period the related costs are incurred and for which the grant is intended to compensate. Grants which are received for compensation for expenses or losses which have already been incurred is recognised as income when it is received or receivable. Grants which relate to assets are recognised in income on a systematic basis over the useful life of the asset.



2	Employees		2025		2024
Number				Number
	Average number of persons employed by the company
	( including directors )		1		1


3	Tangible fixed assets
					Plant & machinery
£
	Cost
	At 1 August 2024				1,897
	At 31 July 2025				1,897

	Depreciation
	At 1 August 2024				1,090
	Charge for the year				130
	At 31 July 2025				1,220

	Net book value
	At 31 July 2025				677
	At 31 July 2024				807


4	Debtors		2025		2024
£				£

	Amounts owed by group undertakings & undertakings in which the company has a participating interest		10,855		15,445


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans - unsecured		5,827		5,825
	Other creditors		1,545		1,244
			7,372		7,069


6	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans - unsecured		18,036		23,210


7	Other information

	Lava Bathrooms and Tiles Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Valley House
	Kingsway South
	Team Valley
	Gateshead
	NE11 0JW