Sterling Bathrooms Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07563966 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Sterling Bathrooms Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Campbell

Ms R Campbell

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hampshire

GU14 6JP

REGISTERED NUMBER:

07563966 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

3,969

3,817

3,969

3,817

CURRENT ASSETS

Stocks

3,000

3,029

Debtors

6

25,896

15,664

Cash at bank

116,136

134,397

145,032

153,090

CREDITORS

Amounts falling due within one year

7

99,104

90,027

NET CURRENT ASSETS

45,928

63,063

TOTAL ASSETS LESS CURRENT LIABILITIES

49,897

66,880

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

8

49,895

66,878

SHAREHOLDERS' FUNDS

49,897

66,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

R J Campbell - Director

1.	STATUTORY INFORMATION

Sterling Bathrooms Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover represents net invoiced sales of goods and services, excluding value added tax. Revenue is recognised on the completion and despatch of materials and completed projects.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the period comprises current tax, 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 not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date since the amount is not considered to be material.

Pension costs and other post-retirement benefits

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

30,000

AMORTISATION

At 1 April 2025

and 31 March 2026

30,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

26,917

1,799

11,790

8,796

49,302

Additions

-

1,184

At 31 March 2026

26,917

1,799

11,790

9,980

50,486

DEPRECIATION

At 1 April 2025

25,206

1,471

11,126

7,682

45,485

Charge for year

342

65

166

459

1,032

At 31 March 2026

25,548

1,536

11,292

8,141

46,517

NET BOOK VALUE

At 31 March 2026

1,369

263

498

1,839

3,969

At 31 March 2025

1,711

328

664

1,114

3,817

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

16,907

11,691

Tax recoverable

3,901

1,427

VAT

2,460

-

Prepayments

2,628

2,546

25,896

15,664

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

4,139

1,128

Corporation Tax

-

8,749

Social security and other taxes

10,221

1,294

VAT

-

7,279

Other creditors

268

680

Sales in advance

18,527

4,778

Directors' current accounts

63,004

63,199

Accrued expenses

2,945

2,920

99,104

90,027

8.

RESERVES

Retained

earnings

£

At 1 April 2025

66,878

Deficit for the year

(16,483

)

Dividends

(500

)

At 31 March 2026

49,895