1 May 2022 false No description of principal activity Taxfiler 2023.12 2807066business:PrivateLimitedCompanyLtd2022-05-012023-04-30 28070662022-04-30 28070662022-05-012023-04-30 2807066business:AuditExemptWithAccountantsReport2022-05-012023-04-30 2807066business:FilletedAccounts2022-05-012023-04-30 28070662023-04-30 2807066business:Director12022-05-012023-04-30 2807066business:Director22022-05-012023-04-30 2807066business:RegisteredOffice2022-05-012023-04-30 28070662022-04-30 2807066core:WithinOneYear2023-04-30 2807066core:WithinOneYear2022-04-30 2807066core:AfterOneYear2023-04-30 2807066core:AfterOneYear2022-04-30 2807066core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 2807066core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 2807066core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 2807066core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 2807066core:PreviouslyStatedAmount2023-04-30 2807066core:PreviouslyStatedAmount2022-04-30 2807066business:SmallEntities2022-05-012023-04-30 2807066countries:EnglandWales2022-05-012023-04-30 28070662021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 2807066 (England and Wales)
The Essential Oil Company Limited Unaudited accounts for the year ended 30 April 2023
The Essential Oil Company Limited Unaudited accounts Contents
Page
- 2 -
The Essential Oil Company Limited Company Information for the year ended 30 April 2023
Directors
Susan Foley Sean Foley
Company Number
2807066 (England and Wales)
Registered Office
The Essential Oil Co Ltd Worting Road Basingstoke Hampshire RG23 8PU
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
- 3 -
The Essential Oil Company Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
- 
8,250 
Debtors
- 
1,062 
Cash at bank and in hand
1,099 
19,330 
1,099 
28,642 
Creditors: amounts falling due within one year
(3,371)
(7,797)
Net current (liabilities)/assets
(2,272)
20,845 
Total assets less current liabilities
(2,272)
20,845 
Creditors: amounts falling due after more than one year
- 
(18,918)
Net (liabilities)/assets
(2,272)
1,927 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,372)
1,827 
Shareholders' funds
(2,272)
1,927 
For the year ending 30 April 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 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 17 January 2024 and were signed on its behalf by
Sean Foley Director Company Registration No. 2807066
- 4 -
The Essential Oil Company Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
The Essential Oil Company Limited is a private company, limited by shares, registered in England and Wales, registration number 2807066. The registered office is The Essential Oil Co Ltd, Worting Road, Basingstoke, Hampshire, RG23 8PU .
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,062 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
5,524 
Taxes and social security
- 
512 
Other creditors
- 
2 
Loans from directors
2,678 
1,209 
Accruals
693 
550 
3,371 
7,797 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
18,918 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -