Company Registration No. NI062003 (Northern Ireland)
Aroma Hygiene Limited
Unaudited accounts
for the year ended 31 March 2024
Aroma Hygiene Limited
Unaudited accounts
Contents
Aroma Hygiene Limited
Company Information
for the year ended 31 March 2024
Directors
Ruth Hiller
William Patterson
Company Number
NI062003 (Northern Ireland)
Registered Office
52 Church Road
Dundonald
Belfast
BT16 2LW
United Kingdom
Accountants
Lane Accounting Limited
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Aroma Hygiene Limited
Statement of financial position
as at 31 March 2024
Tangible assets
187,533
181,789
Creditors: amounts falling due within one year
(130,474)
(101,942)
Net current liabilities
(68,149)
(66,723)
Total assets less current liabilities
119,384
115,066
Creditors: amounts falling due after more than one year
(11,885)
(32,622)
Called up share capital
100
100
Profit and loss account
107,399
82,344
Shareholders' funds
107,499
82,444
For the year ending 31 March 2024 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 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 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 of Directors and authorised for issue on 17 July 2024 and were signed on its behalf by
Ruth Hiller
Director
Company Registration No. NI062003
Aroma Hygiene Limited
Notes to the Accounts
for the year ended 31 March 2024
Aroma Hygiene Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI062003. The registered office is 52 Church Road, Dundonald, Belfast, BT16 2LW, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% per annum of cost
Motor vehicles
25% per annum of cost
Fixtures & fittings
25% per annum of cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Aroma Hygiene Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
180,594
6,604
17,649
23,033
227,880
Additions
813
98
9,075
177
10,163
Disposals
-
-
(4,482)
-
(4,482)
At 31 March 2024
181,407
6,702
22,242
23,210
233,561
At 1 April 2023
809
5,922
17,649
21,711
46,091
Charge for the year
891
470
2,269
789
4,419
On disposals
-
-
(4,482)
-
(4,482)
At 31 March 2024
1,700
6,392
15,436
22,500
46,028
At 31 March 2024
179,707
310
6,806
710
187,533
At 31 March 2023
179,785
682
-
1,322
181,789
Amounts falling due within one year
Trade debtors
53,893
28,082
Accrued income and prepayments
-
126
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
31,414
23,126
Trade creditors
23,917
16,906
Taxes and social security
18,258
19,252
Loans from directors
43,234
28,484
Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are
secured of £17,718 (2023 £23,126). The bank loans and overdrafts are secured by a fixed and floating charge over the
company's assets. The finance leases are secured on the assets concerned.
Aroma Hygiene Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £11,885
(2023 £32,622). The bank are secured by a fixed and floating charge over the company's assets. The finance leases are
secured on the assets concerned.
Allotted, called up and fully paid:
60 A Ordinary shares of £1 each
60
60
40 B Ordinary Shares of £1 each
40
40
9
Operating lease commitments
2024
2023
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
6,065
6,065
Later than one year and not later than five years
3,032
9,097
On 31 March 2024, the directors were owed £43,233 (2023 - £28,484) by the company. This is an interest bearing loan
repayable on demand during the year interest of £1,133 was charged.
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Average number of employees
During the year the average number of employees was 9 (2023: 8).