Company Registration No. 14074700 (England and Wales)
AI STYLELAB LTD
Unaudited accounts
for the year ended 30 April 2024
AI STYLELAB LTD
Unaudited accounts
Contents
AI STYLELAB LTD
Company Information
for the year ended 30 April 2024
Directors
VOLKOVA, Elena
KALTASHEV, Evgeny
Company Number
14074700 (England and Wales)
Registered Office
61 BRIDGE STREET
KINGTON
HR5 3DJ
UNITED KINGDOM
AI STYLELAB LTD
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
812
5,338
Creditors: amounts falling due within one year
(16,323)
(447,704)
Net current assets/(liabilities)
919,545
(61,942)
Total assets less current liabilities
919,545
(61,942)
Creditors: amounts falling due after more than one year
(1,019,029)
-
Net liabilities
(99,484)
(61,942)
Called up share capital
57,463
1,000
Profit and loss account
(156,947)
(62,942)
Shareholders' funds
(99,484)
(61,942)
For the year ending 30 April 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 25 November 2024 and were signed on its behalf by
VOLKOVA, Elena
Director
Company Registration No. 14074700
AI STYLELAB LTD
Notes to the Accounts
for the year ended 30 April 2024
AI STYLELAB LTD is a private company, limited by shares, registered in England and Wales, registration number 14074700. The registered office is 61 BRIDGE STREET, KINGTON, HR5 3DJ, 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amounts falling due within one year
Accrued income and prepayments
-
624
Other debtors
935,056
379,800
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,764
440
Other creditors
6,719
441,739
Loans from directors
-
2,045
AI STYLELAB LTD
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,019,029
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).