Company Registration No. 10261303 (England and Wales)
Embargo Lifestyle Limited
Unaudited accounts
for the year ended 31 December 2021
Embargo Lifestyle Limited
Annual report and unaudited accounts
for the year ended 31 December 2021
Embargo Lifestyle Limited
Company Information
for the year ended 31 December 2021
Directors
Tsewang Wangkang
Fryderyk Szydlowski
Company Number
10261303 (England and Wales)
Registered Office
Work.Life, Kings House
174 Hammersmith Road
London
W6 7JP
Accountants
Barnes & Scott
86-90 Paul Street
Shoreditch
London
EC2A 4NE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Embargo Lifestyle Limited for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Embargo Lifestyle Limited for the year ended
31 December 2021 as set out on pages
5 -
5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Embargo Lifestyle Limited, as a body, in accordance with the terms of our engagement letter dated 28 March 2017. Our work has been undertaken solely to prepare for your approval the accounts of Embargo Lifestyle Limited and state those matters that we have agreed to state to the Board of Directors of Embargo Lifestyle Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Embargo Lifestyle Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Embargo Lifestyle Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Embargo Lifestyle Limited. You consider that Embargo Lifestyle Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Embargo Lifestyle Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott
Chartered Accountants
86-90 Paul Street
Shoreditch
London
EC2A 4NE
8 September 2022
Embargo Lifestyle Limited
Statement of Financial Position
as at 31 December 2021
Fixed assets
25,008
15,112
Current assets
529,929
84,798
Creditors: amounts falling due within one year
(70,190)
(68,511)
Net current assets
459,739
16,287
Total assets less current liabilities
484,747
31,399
Accruals and deferred income
(12,274)
(1,365)
Capital and reserves
472,473
30,034
Embargo Lifestyle Limited is a private company, limited by shares, registered in England and Wales, registration number 10261303. The registered office is Work.Life, Kings House, 174 Hammersmith Road, London, W6 7JP.
2 Directors' advances, credit and guarantees
At year-end an amount of £380 (2020: £13,608) was owed to the director of the company.
3 Average number of employees
During the year the average number of employees was 8 (2020: 7).
For the year ending 31 December 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 8 September 2022
Tsewang Wangkang
Director
Company Registration No. 10261303