Company Registration No. 08529415 (England and Wales)
Neroli Limited
Unaudited accounts
for the year ended 31 March 2021
Neroli Limited
Unaudited accounts
Contents
Neroli Limited
Company Information
for the year ended 31 March 2021
Directors
Mrs Terri Muscat
Mr Jerome Muscat
Company Number
08529415 (England and Wales)
Registered Office
35 MIDDLE FARM PLACE
EFFINGHAM
LEATHERHEAD
SURREY
KT24 5LA
Accountants
Evergreen Accountancy Services Limited
24 Warren Road
Ashford
Middlesex
TW15 1TT
Neroli Limited
Statement of financial position
as at 31 March 2021
Intangible assets
26,657
10,107
Tangible assets
14,704
10,166
Inventories
266,449
181,460
Cash at bank and in hand
13,535
132,891
Creditors: amounts falling due within one year
(550,950)
(375,394)
Net current assets
478,958
98,547
Total assets less current liabilities
520,319
118,820
Creditors: amounts falling due after more than one year
(479,370)
(89,413)
Called up share capital
2
2
Profit and loss account
40,947
29,405
Shareholders' funds
40,949
29,407
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2021 and were signed on its behalf by
Mr Jerome Muscat
Director
Company Registration No. 08529415
Neroli Limited
Notes to the Accounts
for the year ended 31 March 2021
Neroli Limited is a private company, limited by shares, registered in England and Wales, registration number 08529415. The registered office is 35 MIDDLE FARM PLACE, EFFINGHAM, LEATHERHEAD, SURREY, KT24 5LA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 Years Straight Line
Computer equipment
3 year Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Neroli Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2020
7,784
14,334
22,118
Additions
13,962
79
14,041
At 31 March 2021
21,746
14,413
36,159
At 1 April 2020
3,740
8,212
11,952
Charge for the year
3,962
5,541
9,503
At 31 March 2021
7,702
13,753
21,455
At 31 March 2021
14,044
660
14,704
At 31 March 2020
4,044
6,122
10,166
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
734,060
153,962
Accrued income and prepayments
5,625
5,625
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
52,679
77,149
Trade creditors
32,851
82,916
Taxes and social security
19,396
14,238
Proposed dividends
60,000
-
Other creditors
124,716
4,843
Loans from directors
158,859
159,110
8
Creditors: amounts falling due after more than one year
2021
2020
9
Average number of employees
During the year the average number of employees was 4 (2020: 3).
