AMA BY ANDREA MARINO LTD

Company Registration Number:
12805550 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

AMA BY ANDREA MARINO LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

AMA BY ANDREA MARINO LTD

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal activities of the company

Hair Salon



Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Andrea Marino


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 April 2024

And signed on behalf of the board by:
Name: Andrea Marino
Status: Director

AMA BY ANDREA MARINO LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 112,333 138,699
Total fixed assets: 112,333 138,699
Current assets
Debtors: 4 33,733
Cash at bank and in hand: 209,715 24,657
Total current assets: 209,715 58,390
Creditors: amounts falling due within one year: 5 ( 45,914 ) ( 24,304 )
Net current assets (liabilities): 163,801 34,086
Total assets less current liabilities: 276,134 172,785
Creditors: amounts falling due after more than one year: 6 ( 89,425 ) ( 106,092 )
Total net assets (liabilities): 186,709 66,693
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 186,609 66,593
Total Shareholders' funds: 186,709 66,693

The notes form part of these financial statements

AMA BY ANDREA MARINO LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 April 2024
and signed on behalf of the board by:

Name: Andrea Marino
Status: Director

The notes form part of these financial statements

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent impairment losses.

    Other accounting policies

    Corporation TaxThe taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Financial InstrumentsThe company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 2

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 173,568 173,568
Additions
Disposals
Revaluations
Transfers
At 31 August 2023 173,568 173,568
Depreciation
At 1 September 2022 34,869 34,869
Charge for year 26,366 26,366
On disposals
Other adjustments
At 31 August 2023 61,235 61,235
Net book value
At 31 August 2023 112,333 112,333
At 31 August 2022 138,699 138,699

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Other debtors 33,733
Total   33,733

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 15,360 2
Accruals and deferred income 10,543
Other creditors 20,011 24,302
Total 45,914 24,304

AMA BY ANDREA MARINO LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 81,535 98,202
Other creditors 7,890 7,890
Total 89,425 106,092