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REGISTERED NUMBER: 08511315 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Raphaele Canot Limited

Raphaele Canot Limited (Registered number: 08511315)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Raphaele Canot Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Ms R Canot





REGISTERED OFFICE: 56 Sterndale Road
London
W14 0HU





REGISTERED NUMBER: 08511315 (England and Wales)






Raphaele Canot Limited (Registered number: 08511315)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,517 2,021

CURRENT ASSETS
Inventories 5,000 4,100
Debtors 5 392,717 288,641
Cash at bank 72,701 90,074
470,418 382,815
CREDITORS
Amounts falling due within one year 6 165,266 140,718
NET CURRENT ASSETS 305,152 242,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

306,669

244,118

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 306,569 244,018
SHAREHOLDERS' FUNDS 306,669 244,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Raphaele Canot Limited (Registered number: 08511315)

Balance Sheet - continued
31 March 2024


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 3 September 2024 and were signed by:





Ms R Canot - Director


Raphaele Canot Limited (Registered number: 08511315)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Raphaele Canot 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discount, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of the tangible fixed assets over their expected useful lives as follows:


Fixtures and fittings - 25% per annum on WDV
Computer equipment - 25% per annum on WDV

Stocks
Inventories 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.

Raphaele Canot Limited (Registered number: 08511315)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently(except as otherwise stated).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 4,793
DEPRECIATION
At 1 April 2023 2,772
Charge for year 504
At 31 March 2024 3,276
NET BOOK VALUE
At 31 March 2024 1,517
At 31 March 2023 2,021

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 99,747 45,583

Amounts falling due after more than one year:
Other debtors 292,970 243,058

Aggregate amounts 392,717 288,641

Raphaele Canot Limited (Registered number: 08511315)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 860 1,953
Payments on accounts 717 1,027
Trade creditors 59,116 73,141
Taxation and social security 33,998 18,511
Other creditors 70,575 46,086
165,266 140,718

7. RELATED PARTY DISCLOSURES

The controlling party is Ms R Canot.

As at balance sheet date, included in other debtors, is loan to directors amounting to £292,970 (2023:£243,058).