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REGISTERED NUMBER: 07867520 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Courtesan Limited

Courtesan Limited (Registered number: 07867520)






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


Courtesan Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: H M Patel





REGISTERED OFFICE: Courtesan 69-73 Atlantic Road
Brixton
London
London





REGISTERED NUMBER: 07867520 (England and Wales)





ACCOUNTANTS: L&W Chartered Certified Accountants
30 Charing Cross Road
London
London
WC2H 0DE

Courtesan Limited (Registered number: 07867520)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,092 64,659

CURRENT ASSETS
Stocks 5 89,873 1,500
Debtors 6 6,250 60,135
Cash at bank and in hand 50,387 37,278
146,510 98,913
CREDITORS
Amounts falling due within one year 7 210,571 169,528
NET CURRENT LIABILITIES (64,061 ) (70,615 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,969

)

(5,956

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (3,970 ) (5,957 )
SHAREHOLDERS' FUNDS (3,969 ) (5,956 )

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.

Courtesan Limited (Registered number: 07867520)

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 17 September 2024 and were signed by:





H M Patel - Director


Courtesan Limited (Registered number: 07867520)

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

1. STATUTORY INFORMATION

Courtesan 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 14 ) .

Courtesan Limited (Registered number: 07867520)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 3,977 90,660 34,610 2,394 131,641
Additions - 3,665 - 7,101 10,766
At 31 December 2023 3,977 94,325 34,610 9,495 142,407
DEPRECIATION
At 1 January 2023 - 60,179 4,409 2,394 66,982
Charge for year - 6,448 7,550 1,335 15,333
At 31 December 2023 - 66,627 11,959 3,729 82,315
NET BOOK VALUE
At 31 December 2023 3,977 27,698 22,651 5,766 60,092
At 31 December 2022 3,977 30,481 30,201 - 64,659

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 89,873 1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 6,250 59,917
Prepayments and accrued income - 218
6,250 60,135

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 24,951 34,841
Trade creditors 20,558 -
Social security and other taxes 4,304 7,502
VAT 12,680 15,507
Other creditors 143,229 106,175
Directors' current accounts 559 1,058
Accrued expenses 4,290 4,445
210,571 169,528