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REGISTERED NUMBER: 12906090 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

EMPORIUM OF COOL LTD

EMPORIUM OF COOL LTD (REGISTERED NUMBER: 12906090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMPORIUM OF COOL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: I M Baldwin





REGISTERED OFFICE: 6 Red Barn Mews
Battle
East Sussex
TN33 0AG





REGISTERED NUMBER: 12906090 (England and Wales)





ACCOUNTANTS: x5 Xeinadin Group
2 Upperton Gardens
Eastbourne
East Sussex
BN21 2AH

EMPORIUM OF COOL LTD (REGISTERED NUMBER: 12906090)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,166 2,252

CURRENT ASSETS
Stocks 1,892 4,775
Debtors 5 22,184 7,636
Cash at bank 17,175 15,172
41,251 27,583
CREDITORS
Amounts falling due within one year 6 34,040 22,773
NET CURRENT ASSETS 7,211 4,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,377

7,062

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,277 6,962
8,377 7,062

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 25 March 2024 and were signed by:





I M Baldwin - Director


EMPORIUM OF COOL LTD (REGISTERED NUMBER: 12906090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Emporium of Cool Ltd 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.

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.
Plant and machinery etc - 25% on reducing balance and Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with Financial Reporting Standard 102.

3. EMPLOYEES AND DIRECTORS

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

EMPORIUM OF COOL LTD (REGISTERED NUMBER: 12906090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 4,878
Additions 669
At 30 September 2023 5,547
DEPRECIATION
At 1 October 2022 2,626
Charge for year 1,755
At 30 September 2023 4,381
NET BOOK VALUE
At 30 September 2023 1,166
At 30 September 2022 2,252

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,334 7,455
Other debtors 7,850 181
22,184 7,636

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,817 1,698
Taxation and social security 10,707 7,811
Other creditors 17,516 13,264
34,040 22,773

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
I M Baldwin
Balance outstanding at start of year 36 (2,353 )
Amounts advanced 18,739 15,391
Amounts repaid (11,096 ) (13,002 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,679 36

EMPORIUM OF COOL LTD (REGISTERED NUMBER: 12906090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £8,000 (2022 - £8,000) were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The controlling party is I M Baldwin.