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REGISTERED NUMBER: 10697048 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

LUXURY BOUTIQUE COLLECTIONS LIMITED

LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUXURY BOUTIQUE COLLECTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: N Giannone





REGISTERED OFFICE: Floor 3
207 Regent Street
London
W1B 3HH





REGISTERED NUMBER: 10697048 (England and Wales)





ACCOUNTANTS: Goddard & Co
Chartered Accountants
3 Church Street
Odiham, Hook
Hampshire
RG29 1LU

LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,248 555
Investments 5 76,410 35,942
81,658 36,497

CURRENT ASSETS
Debtors 6 3,600 1,500
Cash at bank 19,748 4,320
23,348 5,820
CREDITORS
Amounts falling due within one year 7 53,859 12,510
NET CURRENT LIABILITIES (30,511 ) (6,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,147

29,807

CREDITORS
Amounts falling due after more than one
year

8

13,450

12,857
NET ASSETS 37,697 16,950

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 9 21,262 -
Retained earnings 16,434 16,949
37,697 16,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2023 and were signed by:





N Giannone - Director


LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Luxury Boutique Collections 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 1,845
Additions 5,692
At 31 March 2023 7,537
DEPRECIATION
At 1 April 2022 1,290
Charge for year 999
At 31 March 2023 2,289
NET BOOK VALUE
At 31 March 2023 5,248
At 31 March 2022 555

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 35,942
Additions 19,206
Revaluations 21,262
At 31 March 2023 76,410
NET BOOK VALUE
At 31 March 2023 76,410
At 31 March 2022 35,942

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2023 21,262
Cost 55,148
76,410

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,600 1,500

LUXURY BOUTIQUE COLLECTIONS LIMITED (REGISTERED NUMBER: 10697048)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1,050
Taxation and social security 9,178 4,154
Other creditors 44,681 7,306
53,859 12,510

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 13,450 12,857

9. RESERVES
Fair
value
reserve
£   
Transfer to fair value reserve 21,262

At 31 March 2023 21,262