REGISTERED NUMBER: 03461468 (England and Wales)

THE COUTURE CORPORATION LIMITED

TRADING AS

WALPOLE BAY HOTEL

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P J Bishop

J I D Bishop

Mrs G L Bishop

SECRETARY:

J I D Bishop

REGISTERED OFFICE:

Walpole Bay Hotel

Fifth Avenue

Cliftonville

Margate

Kent

CT9 2JJ

REGISTERED NUMBER:

03461468 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

391,886

397,899

391,886

397,899

CURRENT ASSETS

Stocks

1,800

1,400

Debtors

6

4,138

27,046

Cash at bank and in hand

86,296

59,057

92,234

87,503

CREDITORS

Amounts falling due within one year

7

(133,246

)

(146,013

)

NET CURRENT LIABILITIES

(41,012

)

(58,510

)

TOTAL ASSETS LESS CURRENT LIABILITIES

350,874

339,389

PROVISIONS FOR LIABILITIES

(6,472

)

(7,870

)

NET ASSETS

344,402

331,519

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

344,302

331,419

SHAREHOLDERS' FUNDS

344,402

331,519

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

Mrs P J Bishop - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

nil

Fixture & Fittings

-

25% on reducing balance and 15% 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.

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 25 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

60,000

AMORTISATION

At 1 April 2024

and 31 March 2025

60,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Fixture &

property

Fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

364,071

245,235

609,306

DEPRECIATION

At 1 April 2024

-

211,407

211,407

Charge for year

-

6,013

6,013

At 31 March 2025

-

217,420

217,420

NET BOOK VALUE

At 31 March 2025

364,071

27,815

391,886

At 31 March 2024

364,071

33,828

397,899

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

22,947

Other debtors

4,138

4,099

4,138

27,046

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

-

16,386

Trade creditors

1,908

2,273

Taxation and social security

40,654

34,578

Other creditors

90,684

92,776

133,246

146,013

8.	RELATED PARTY DISCLOSURES