Registered number
09969430
Fad Fragrances Limited
Unaudited Filleted Accounts
31 January 2024
Fad Fragrances Limited
Registered number: 09969430
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 72,752 58,475
Current assets
Stocks 48,033 47,350
Debtors 4 33,659 26,514
Cash at bank and in hand 10,271 2,488
91,963 76,352
Creditors: amounts falling due within one year 5 (14,884) (14,083)
Net Current Assets 77,079 62,269
Total assets less current liabilities 149,831 120,744
Creditors: amounts falling due after more than one year 6 (83,029) (92,845)
Provisions for liabilities (13,823) (7,768)
Net Assets 52,979 20,131
Capital and reserves
Called up share capital 1 1
Profit and loss account 52,978 20,130
Shareholder's funds 52,979 20,131
Number Number
Average number of employees 1 2
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A M Hardman
Director
Approved by the board on 13 September 2024
Fad Fragrances Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 2
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 February 2023 62,104 16,848 78,952
Additions 3,390 29,200 32,590
At 31 January 2024 65,494 46,048 111,542
Depreciation
At 1 February 2023 15,309 5,168 20,477
Charge for the year 10,037 8,276 18,313
At 31 January 2024 25,346 13,444 38,790
Net book value
At 31 January 2024 40,148 32,604 72,752
At 31 January 2023 46,795 11,680 58,475
4 Debtors 2024 2023
£ £
Trade debtors 31,335 26,514
Other debtors 2,324 -
33,659 26,514
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 12,000 12,516
Taxation and social security costs 1,884 1,067
Other creditors 1,000 500
14,884 14,083
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 14,254 25,327
Other creditors 68,775 67,518
83,029 92,845
7 Other information
Fad Fragrances Limited is a private company limited by shares and incorporated in England. Its registered office is:
Gcng House
Unit 12, Tawe Business Village
Swansea Enterprise Park
Swansea
SA7 9LA
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