Company Registration No. 13110947 (England and Wales)
AMORE BABA LTD
Unaudited accounts
for the year ended 31 January 2023
AMORE BABA LTD
Unaudited accounts
Contents
AMORE BABA LTD
Company Information
for the year ended 31 January 2023
Company Number
13110947 (England and Wales)
Registered Office
2 BRIDGE YARD
BRADFORD-ON-AVON
BA15 1EJ
ENGLAND
AMORE BABA LTD
Statement of financial position
as at 31 January 2023
Tangible assets
4,446
4,462
Cash at bank and in hand
19,219
34,107
Creditors: amounts falling due within one year
(64,267)
(22,350)
Net current assets
630
25,689
Called up share capital
1
1
Profit and loss account
5,075
30,150
Shareholders' funds
5,076
30,151
For the year ending 31 January 2023 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 director acknowledges his 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 and authorised for issue on 20 October 2023 and were signed on its behalf by
Selim Baba
Director
Company Registration No. 13110947
AMORE BABA LTD
Notes to the Accounts
for the year ended 31 January 2023
AMORE BABA LTD is a private company, limited by shares, registered in England and Wales, registration number 13110947. The registered office is 2 BRIDGE YARD, BRADFORD-ON-AVON, BA15 1EJ, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
Fixtures & fittings
3 Years Straight Line
Computer equipment
3 Years Straight Line
AMORE BABA LTD
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At valuation
At cost
At 1 February 2022
4,077
1,280
5,357
Revaluations
2,198
-
2,198
At 31 January 2023
6,275
1,280
7,555
At 1 February 2022
753
142
895
Charge for the year
2,214
-
2,214
At 31 January 2023
2,967
142
3,109
At 31 January 2023
3,308
1,138
4,446
At 31 January 2022
3,324
1,138
4,462
Amounts falling due within one year
Accrued income and prepayments
908
220
Other debtors
33,770
8,712
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
4,500
Taxes and social security
4,695
8,137
Other creditors
4,031
1,327
7
Average number of employees
During the year the average number of employees was 22 (2022: 22).