Company Registration No. 06693107 (England and Wales)
Almighty Brands Limited
Unaudited accounts
for the year ended 30 September 2023
Almighty Brands Limited
Unaudited accounts
Contents
Almighty Brands Limited
Company Information
for the year ended 30 September 2023
Director
Matthew James Burke
Company Number
06693107 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
Accountants
Thriveworks Ltd
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
Almighty Brands Limited
Statement of financial position
as at 30 September 2023
Tangible assets
1,162
1,662
Cash at bank and in hand
33,264
50,730
Creditors: amounts falling due within one year
(36,864)
(57,450)
Net current assets
6,640
21,333
Called up share capital
30
30
Profit and loss account
7,772
22,965
Shareholders' funds
7,802
22,995
For the year ending 30 September 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 23 February 2024 and were signed on its behalf by
Matthew James Burke
Director
Company Registration No. 06693107
Almighty Brands Limited
Notes to the Accounts
for the year ended 30 September 2023
Almighty Brands Limited is a private company, limited by shares, registered in England and Wales, registration number 06693107. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 years
Computer equipment
3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
3,722
8,699
12,421
At 30 September 2023
3,955
8,699
12,654
At 1 October 2022
2,192
8,567
10,759
Charge for the year
632
101
733
At 30 September 2023
2,824
8,668
11,492
At 30 September 2023
1,131
31
1,162
At 30 September 2022
1,530
132
1,662
Almighty Brands Limited
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
9,840
28,053
Accrued income and prepayments
400
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,995
3,534
Taxes and social security
14,329
19,945
Loans from directors
3,273
2,240
Deferred income
8,025
16,740
Allotted, called up and fully paid:
30 Ordinary shares of £1 each
30
30
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).