REGISTERED NUMBER: 15236897 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

RICCO BATHROOMS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J Collins

REGISTERED OFFICE:

LBW Chartered Accountants

Enterprise House

The Courtyard

Bromborough

Wirral

CH62 4UE

REGISTERED NUMBER:

15236897 (England and Wales)

ACCOUNTANTS:

LBW Chartered Accountants

Enterprise House

The Courtyard

Old Courthouse Road

Bromborough

Merseyside

CH62 4UE

FIXED ASSETS

Tangible assets

4

31,860

22,676

CURRENT ASSETS

Debtors

5

42,410

43,606

Cash at bank and in hand

50,608

6,607

93,018

50,213

CREDITORS

Amounts falling due within one year

6

33,371

26,287

NET CURRENT ASSETS

59,647

23,926

TOTAL ASSETS LESS CURRENT LIABILITIES

91,507

46,602

CREDITORS

Amounts falling due after more than one year

7

79,610

42,459

NET ASSETS

11,897

4,143

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

11,896

4,142

SHAREHOLDERS' FUNDS

11,897

4,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 July 2026 and were signed by:

Mr J Collins - Director

1.	STATUTORY INFORMATION

Ricco 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

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's director.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

Hire purchase and leasing commitments

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.

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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

22,676

Additions

13,798

At 31 October 2025

36,474

DEPRECIATION

Charge for year

4,614

At 31 October 2025

4,614

NET BOOK VALUE

At 31 October 2025

31,860

At 31 October 2024

22,676

No depreciation is charged in year of acquisition

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

12,500

At 31 October 2025

12,500

NET BOOK VALUE

At 31 October 2025

12,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

25,540

Other debtors

42,410

18,066

42,410

43,606

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

5,461

25,335

Taxation and social security

26,422

539

Other creditors

1,488

413

33,371

26,287

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Hire purchase contracts

12,250

-

Other creditors

67,360

42,459

79,610

42,459

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Hire purchase contracts

12,250

-

The hire purchase creditor is secured on the individual asset concerned.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 November 2024

4,142

Profit for the year

7,754

At 31 October 2025

11,896

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount owed to the director of £55,505 (2024 - £42,459)