Total Hot Tubs Limited

Contents

Statement of comprehensive income and retained earnings	1
Statement of financial position	2
Notes to the Unaudited Financial Statements	3 to 7

Total Hot Tubs Limited

Statement of comprehensive income and retained earnings
for the Year Ended 30 November 2025

	Note	2025 £	2024 £
Turnover		195,353	168,948
Cost of sales		(66,797)	(48,333)
Gross profit		128,556	120,615
Administrative expenses		(162,474)	(141,816)
Operating loss		(33,918)	(21,201)
Interest payable and similar charges		(9,977)	(2,799)
		(9,977)	(2,799)
Loss before tax		(43,895)	(24,000)
Loss for the financial year		(43,895)	(24,000)
Retained earnings brought forward		(35,532)	(11,532)
Retained earnings carried forward		(79,427)	(35,532)

Total Hot Tubs Limited

(Registration number: 6437967)
Statement of financial position as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	21,124	25,823
Current assets
Stocks	5	33,390	39,147
Debtors	6	22,626	36,894
Cash at bank and in hand		1,933	131
		57,949	76,172
Creditors: Amounts falling due within one year	7	(137,824)	(95,994)
Net current liabilities		(79,875)	(19,822)
Total assets less current liabilities		(58,751)	6,001
Creditors: Amounts falling due after more than one year	7	(20,476)	(41,333)
Net liabilities		(79,227)	(35,332)
Capital and reserves
Called up share capital	8	200	200
Retained earnings		(79,427)	(35,532)
Shareholders' deficit		(79,227)	(35,332)

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income statement.

Approved and authorised by the director on 27 August 2026
 

......................................... Mr S D Horler Director

Total Hot Tubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Solo House
The Courtyard
London Road
Horsham
West Sussex
RH12 1AT

These financial statements were authorised for issue by the director on 27 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Total Hot Tubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	6 years straight line
Computer equipment	25% on cost and 25% reducing balance
Motor vehicles	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

Total Hot Tubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 December 2024	8,890	29,000	37,890
Additions	542	-	542
At 30 November 2025	9,432	29,000	38,432
Depreciation
At 1 December 2024	7,378	4,689	12,067
Charge for the year	379	4,862	5,241
At 30 November 2025	7,757	9,551	17,308
Carrying amount
At 30 November 2025	1,675	19,449	21,124
At 30 November 2024	1,512	24,311	25,823

5

Stocks

	2025 £	2024 £
Other inventories	33,390	39,147

Total Hot Tubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	253	3,995
Prepayments	1,507	5,996
Other debtors	20,866	26,903
	22,626	36,894

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	27,105	26,000
Trade creditors		4,987	7,301
Taxation and social security		5,657	3,341
Accruals and deferred income		2,300	2,300
Other creditors		97,775	57,052
		137,824	95,994

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	20,476	41,333

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	200	200	200	200

Total Hot Tubs Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,120	3,000
Other borrowings	19,356	38,333
	20,476	41,333

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	6,000	6,000
Other borrowings	21,105	20,000
	27,105	26,000