Company Registration No. 08367530 (England and Wales)
Ambience Interiors Ltd
Unaudited accounts
for the period from 1 January 2024 to 30 June 2024
Ambience Interiors Ltd
Unaudited accounts
Contents
Ambience Interiors Ltd
Company Information
for the period from 1 January 2024 to 30 June 2024
Company Number
08367530 (England and Wales)
Registered Office
1 Farrar Drive
Marlborough
Wiltshire
SN8 1TP
England
Accountants
Roger Wheeler, Roger John & Co
1 Farrar Drive
Marlborough
SN8 1TP
Ambience Interiors Ltd
Accountants' report
Accountants' report to the director of Ambience Interiors Ltd on the preparation of the unaudited statutory accounts for the period from 1 January 2024 to 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ambience Interiors Ltd for the period from
1 January 2024 to
30 June 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ambience Interiors Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ambience Interiors Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ambience Interiors Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ambience Interiors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ambience Interiors Ltd. You consider that Ambience Interiors Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Ambience Interiors Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Roger Wheeler, Roger John & Co
1 Farrar Drive
Marlborough
SN8 1TP
15 October 2024
Ambience Interiors Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
-
17,635
Creditors: amounts falling due within one year
-
(15,062)
Net current assets
100
6,752
Total assets less current liabilities
100
8,062
Creditors: amounts falling due after more than one year
-
(6,000)
Called up share capital
100
100
Profit and loss account
-
1,962
Shareholders' funds
100
2,062
For the period ending 30 June 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 and authorised for issue on 15 October 2024 and were signed on its behalf by
T Paget
Director
Company Registration No. 08367530
Ambience Interiors Ltd
Notes to the Accounts
for the period from 1 January 2024 to 30 June 2024
Ambience Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 08367530. The registered office is 1 Farrar Drive, Marlborough, Wiltshire, SN8 1TP, England. The company is in the process of being wound up.
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 period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods and services, excluding value added tax.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.
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:
Equipment, fixtures, fittings - 25% on cost
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Ambience Interiors Ltd
Notes to the Accounts
for the period from 1 January 2024 to 30 June 2024
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 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.
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
6
Post balance sheet events
On 30 June 2024 the company ceased to trade.
Ambience Interiors Ltd
Notes to the Accounts
for the period from 1 January 2024 to 30 June 2024
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).