KINGDOM BATHROOMS & TILES LTD.


Directors	Nicola Lynch
	Wayne Lynch


Registered Address	Unit 2 Hayfield Industrial Estate
	Kirkcaldy
	KY2 5DH


Registered Number	SC483395 (Scotland)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		101,168		93,644
			101,168		93,644
Current assets
Stocks		26,718		26,535
Debtors	4	58,903		58,470
Cash at bank and on hand		171,278		170,202
		256,899		255,207
Creditors amounts falling due within one year	5	(163,956)		(145,572)
Net current assets (liabilities)			92,943		109,635
Total assets less current liabilities			194,111		203,279
Creditors amounts falling due after one year	6		(55,876)		(55,563)
Provisions for liabilities			(23,242)		(20,602)
Net assets			114,993		127,114
Capital and reserves
Called up share capital			100		100
Profit and loss account			114,893		127,014
Shareholders' funds			114,993		127,114

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 29 April 2026, and are signed on its behalf by:

Nicola Lynch
Director

Wayne Lynch
Director

Registered Company No. SC483395

KINGDOM BATHROOMS & TILES LTD.

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	Kingdom Bathrooms & Tiles Ltd. is a private company, limited by shares, registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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

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

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting 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.

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery - 20% on reducing balance Fixtures and fittings - 20% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 33.3% on cost and 25% on reducing balance

	Finance leases and hire purchase contracts
	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.

Finance leases and hire purchase contracts

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.

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

2.	Average number of employees


		2025		2024
	Average number of employees during the year	8		8

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 December 24	5,713	103,445	9,772	5,342	124,272
Additions	300	55,851	-	-	56,151
Disposals	-	(44,085)	-	-	(44,085)
At 30 November 25	6,013	115,211	9,772	5,342	136,338
Depreciation and impairment
At 01 December 24	2,767	20,690	4,347	2,824	30,628
Charge for year	626	25,530	1,085	630	27,871
On disposals	-	(23,329)	-	-	(23,329)
At 30 November 25	3,393	22,891	5,432	3,454	35,170
Net book value
At 30 November 25	2,620	92,320	4,340	1,888	101,168
At 30 November 24	2,946	82,755	5,425	2,518	93,644

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,015
Other debtors	55,250	55,250
Prepayments and accrued income	3,653	2,205
Total	58,903	58,470

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	34,150	69,533
Bank borrowings and overdrafts	5,256	10,000
Taxation and social security	49,827	35,095
Finance lease and HP contracts	21,808	14,278
Other creditors	9,056	8,214
Accrued liabilities and deferred income	43,859	8,452
Total	163,956	145,572

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	5,590
Other creditors	55,876	49,973
Total	55,876	55,563

7.	Other commitments
	The company has lease commitments of £24,000 (2024 - £24,000) in the next 12 months.