| Fad Fragrances Limited |
| Registered number: |
09969430 |
| Balance Sheet |
| as at 31 January 2023 |
| Notes |
|
|
2023 |
|
|
2022 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
58,475 |
|
|
52,880 |
|
| Current assets |
| Stocks |
|
|
47,350 |
|
|
47,255 |
| Debtors |
4 |
|
26,514 |
|
|
- |
| Cash at bank and in hand |
|
|
2,488 |
|
|
1,701 |
|
|
|
76,352 |
|
|
48,956 |
|
| Creditors: amounts falling due within one year |
5 |
|
(14,083) |
|
|
(14,025) |
|
| Net Current Assets |
|
|
|
62,269 |
|
|
34,931 |
|
| Total assets less current liabilities |
|
|
|
120,744 |
|
|
87,811 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(92,845) |
|
|
(93,605) |
|
| Provisions for liabilities |
|
|
|
(7,768) |
|
|
(986) |
|
|
| Net Assets |
|
|
|
20,131 |
|
|
(6,780) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
20,130 |
|
|
(6,781) |
|
| Shareholder's funds |
|
|
|
20,131 |
|
|
(6,780) |
|
|
|
|
|
|
|
|
| Number |
Number |
| Average number of employees |
|
|
|
1 |
|
|
2 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| A M Hardman |
| Director |
| Approved by the board on 25 October 2023 |
|
| Fad Fragrances Limited |
| Notes to the Accounts |
| for the year ended 31 January 2023 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
| 2 |
Employees |
2023 |
|
2022 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 February 2022 |
55,252 |
|
3,440 |
|
58,692 |
|
Additions |
6,852 |
|
13,408 |
|
20,260 |
|
At 31 January 2023 |
62,104 |
|
16,848 |
|
78,952 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2022 |
3,613 |
|
2,199 |
|
5,812 |
|
Charge for the year |
11,696 |
|
2,969 |
|
14,665 |
|
At 31 January 2023 |
15,309 |
|
5,168 |
|
20,477 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2023 |
46,795 |
|
11,680 |
|
58,475 |
|
At 31 January 2022 |
51,639 |
|
1,241 |
|
52,880 |
|
|
| 4 |
Debtors |
2023 |
|
2022 |
| £ |
£ |
|
|
Trade debtors |
26,514 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Bank loans and overdrafts |
12,516 |
|
12,516 |
|
Taxation and social security costs |
1,067 |
|
1,109 |
|
Other creditors |
500 |
|
400 |
|
|
|
|
|
|
14,083 |
|
14,025 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Bank loans |
25,327 |
|
35,399 |
|
Other creditors |
67,518 |
|
58,206 |
|
|
|
|
|
|
92,845 |
|
93,605 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Fad Fragrances Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
27 Old Gloucester Street |
|
London |
|
WC1N 3AX |
