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REGISTERED NUMBER: 04445519 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Quinessence Aromatherapy Limited

Quinessence Aromatherapy Limited (Registered number: 04445519)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Quinessence Aromatherapy Limited

Company Information
for the Year Ended 31 December 2023







Director: D G Tomlinson





Registered office: 1 Absolute House
Mill Lane
Alton
GU34 2PX





Registered number: 04445519 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

Quinessence Aromatherapy Limited (Registered number: 04445519)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
Current assets
Stocks 29,455 19,976
Debtors 4 9,214 5,126
Cash at bank 7,700 10,311
46,369 35,413
Creditors
Amounts falling due within one year 5 142,878 93,762
Net current liabilities (96,509 ) (58,349 )
Total assets less current liabilities (96,509 ) (58,349 )

Capital and reserves
Called up share capital 6 4 4
Retained earnings (96,513 ) (58,353 )
Shareholders' funds (96,509 ) (58,349 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Quinessence Aromatherapy Limited (Registered number: 04445519)

Balance Sheet - continued
31 December 2023


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 31 July 2024 and were signed by:





D G Tomlinson - Director


Quinessence Aromatherapy Limited (Registered number: 04445519)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Quinessence Aromatherapy Limited 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.

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 is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Quinessence Aromatherapy Limited (Registered number: 04445519)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. Employees and directors

The average number of employees during the year was 2 (2022 - 6 ) .

4. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 2,787 973
Other debtors 6,427 4,153
9,214 5,126

5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 23,760 17,582
Amounts owed to group undertakings 85,844 59,665
Taxation and social security 6,418 3,661
Other creditors 26,856 12,854
142,878 93,762

6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
4 Ordinary £1 4 4

7. Going concern

The company had net liabilities at 31 December 2023 and is reliant on the continuing support of the director.