Company Registration No. 11008008 (England and Wales)
FURNITURE EMPORIUM LONDON LTD
Accounts
for the year ended 31 October 2023
FURNITURE EMPORIUM LONDON LTD
Accounts
Contents
FURNITURE EMPORIUM LONDON LTD
Company Information
for the year ended 31 October 2023
Company Number
11008008 (England and Wales)
Registered Office
7 GILLUM CLOSE
EAST BARNET
BARNET
EN4 8NE
ENGLAND
Accountants
AHM Accountancy Services
97 Turnpike Lane
London
N8 0DY
FURNITURE EMPORIUM LONDON LTD
Statement of financial position
as at 31 October 2023
Tangible assets
100,794
23,093
Cash at bank and in hand
216,491
180,248
Creditors: amounts falling due within one year
(14,436)
(12,223)
Net current assets
240,295
194,545
Total assets less current liabilities
341,089
217,638
Creditors: amounts falling due after more than one year
(279,578)
(177,490)
Called up share capital
1
1
Profit and loss account
61,510
40,147
Shareholders' funds
61,511
40,148
For the year ending 31 October 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 26 July 2024 and were signed on its behalf by
JUNAIND ALI
Director
Company Registration No. 11008008
FURNITURE EMPORIUM LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
FURNITURE EMPORIUM LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11008008. The registered office is 7 GILLUM CLOSE, EAST BARNET, BARNET, EN4 8NE, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Straight Line Method
4
Tangible fixed assets
Motor vehicles
At 31 October 2023
122,990
Charge for the year
12,299
At 31 October 2023
100,794
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
122
-
FURNITURE EMPORIUM LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
22,190
27,490
Loans from directors
140,000
105,000
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).