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Company Registration No. 11286132 (England and Wales)
Oriental Essential Limited Unaudited accounts for the year ended 30 April 2024
Oriental Essential Limited Unaudited accounts Contents
Page
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Oriental Essential Limited Company Information for the year ended 30 April 2024
Director
Ki Yin Lam
Company Number
11286132 (England and Wales)
Registered Office
19 TRYFAN CLOSE REDBRIDGE ILFORD IG4 5JX ENGLAND
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Oriental Essential Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,253 
63,179 
Current assets
Inventories
96,000 
60,000 
Debtors
348,421 
323,167 
Cash at bank and in hand
1,479,457 
788,500 
1,923,878 
1,171,667 
Creditors: amounts falling due within one year
(291,629)
(153,212)
Net current assets
1,632,249 
1,018,455 
Net assets
1,781,502 
1,081,634 
Capital and reserves
Profit and loss account
1,781,502 
1,081,634 
Shareholders' funds
1,781,502 
1,081,634 
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 director acknowledges his 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 and authorised for issue on 21 January 2025 and were signed on its behalf by
Ki Yin Lam Director Company Registration No. 11286132
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Oriental Essential Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Oriental Essential Limited is a private company, limited by shares, registered in England and Wales, registration number 11286132. The registered office is 19 TRYFAN CLOSE, REDBRIDGE, ILFORD, IG4 5JX, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
18%
Fixtures & fittings
6%
Computer equipment
6%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
49,053 
443,762 
7,485 
500,300 
Additions
52,093 
39,549 
2,511 
94,153 
At 30 April 2024
101,146 
483,311 
9,996 
594,453 
Depreciation
At 1 May 2023
36,097 
400,096 
928 
437,121 
Charge for the year
3,525 
4,070 
484 
8,079 
At 30 April 2024
39,622 
404,166 
1,412 
445,200 
Net book value
At 30 April 2024
61,524 
79,145 
8,584 
149,253 
At 30 April 2023
12,956 
43,666 
6,557 
63,179 
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Oriental Essential Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
33,594 
33,594 
Amounts falling due after more than one year
Trade debtors
293,886 
270,349 
Accrued income and prepayments
20,941 
19,224 
314,827 
289,573 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(99,276)
(34,458)
Trade creditors
(1,197)
93,749 
Taxes and social security
272,974 
50,154 
Other creditors
102,529 
29,567 
Loans from directors
16,599 
14,200 
291,629 
153,212 
7
Loans to directors
The status of director loans is that the business owes money to the director.
8
Average number of employees
During the year the average number of employees was 30 (2023: 21).
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