Simply Bathrooms (Surrey) Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Simply Bathrooms (Surrey) Limited for the year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Simply Bathrooms (Surrey) Limited for the year ended 31 August 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member 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 http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Simply Bathrooms (Surrey) Limited , as a body, in accordance with the terms of our engagement letter dated 23 June 2022. Our work has been undertaken solely to prepare for your approval the accounts of Simply Bathrooms (Surrey) Limited and state those matters that we have agreed to state to the directors of Simply Bathrooms (Surrey) Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Simply Bathrooms (Surrey) Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Simply Bathrooms (Surrey) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Simply Bathrooms (Surrey) Limited . You consider that Simply Bathrooms (Surrey) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Simply Bathrooms (Surrey) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

29/05/2026

LK & Associates Limited

ICAEW Chartered Accountants

Annecy Court, Ferry Works

Summer Road

Thames Ditton

Surrey

KT7 0QJ

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Simply Bathrooms (Surrey) Limited

Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 08167824

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		51,347		4,455
Investments	5		31,105		-

			82,452		4,455
CURRENT ASSETS
Debtors	6	294,609		165,667
Cash at bank and in hand		13,242		46,003

		307,851		211,670
Creditors: Amounts Falling Due Within One Year	7	(316,248 )		(202,266 )

NET CURRENT ASSETS (LIABILITIES)			(8,397 )		9,404

TOTAL ASSETS LESS CURRENT LIABILITIES			74,055		13,859

Creditors: Amounts Falling Due After More Than One Year	8		(61,025 )		(7,500 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(12,836 )		(1,114 )

NET ASSETS			194		5,245

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			94		5,145

SHAREHOLDERS' FUNDS			194		5,245

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Simply Bathrooms (Surrey) Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

N J Harrold

Director

29/05/2026

The notes on pages 4 to 7 form part of these financial statements.

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Simply Bathrooms (Surrey) Limited

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Simply Bathrooms (Surrey) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08167824 . The registered office is Flat 1, 71 Ewell Road, Surbiton, Surrey, KT6 6AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	33.33% on cost
Fixtures & Fittings	33.33% on cost
Computer Equipment	33.33% on cost

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Simply Bathrooms (Surrey) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Current asset investments

Current asset investments are measured at market value at the year-end date. Any gain or loss is charged to the Profit and Loss Account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 4)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 September 2024	-	10,923	10,923
Additions	54,301	4,240	58,541

As at 31 August 2025	54,301	15,163	69,464

...CONTINUED

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Simply Bathrooms (Surrey) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024	-	6,468	6,468
Provided during the period	8,308	3,341	11,649

As at 31 August 2025	8,308	9,809	18,117

Net Book Value
As at 31 August 2025	45,993	5,354	51,347

As at 1 September 2024	-	4,455	4,455

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 September 2024	-
Additions	31,105

As at 31 August 2025	31,105

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	31,105

As at 1 September 2024	-

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	33,517	27,051
Other debtors	261,092	138,616

	294,609	165,667

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Simply Bathrooms (Surrey) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	61,444	86,577
Bank loans and overdrafts	78,135	10,000
Other creditors	88,472	29,591
Taxation and social security	88,197	76,098

	316,248	202,266

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	61,025	7,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	39,886	17,386
Later than one year and not later than five years	105,014	19,697

	144,900	37,083

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Neil Harrold	96,935	169,530	(63,268 )	-	203,197

The above loan is unsecured and repayable on demand.

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