Company Registration No. 07060612 (England and Wales)
Edel Assanti Limited
Unaudited accounts
for the year ended 30 April 2024
Edel Assanti Limited
Unaudited accounts
Contents
Edel Assanti Limited
Company Information
for the year ended 30 April 2024
Directors
Charles Fellowes
Jeremy Epstein
Company Number
07060612 (England and Wales)
Registered Office
1B, Little Titchfield Street
London
W1W 7BU
England
Accountants
Practice London Limited
71-75 Shelton Street
London
WC2H 9JQ
Edel Assanti Limited
Statement of financial position
as at 30 April 2024
Tangible assets
410,189
404,997
Inventories
295,903
186,760
Cash at bank and in hand
289,764
252,681
Creditors: amounts falling due within one year
(695,977)
(622,710)
Net current assets
298,302
114,236
Total assets less current liabilities
708,491
519,233
Creditors: amounts falling due after more than one year
(100,684)
(127,635)
Provisions for liabilities
Deferred tax
(17,509)
(16,649)
Net assets
590,298
374,949
Called up share capital
2
2
Profit and loss account
590,296
374,947
Shareholders' funds
590,298
374,949
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 24 January 2025 and were signed on its behalf by
Jeremy Epstein
Director
Company Registration No. 07060612
Edel Assanti Limited
Notes to the Accounts
for the year ended 30 April 2024
Edel Assanti Limited is a private company, limited by shares, registered in England and Wales, registration number 07060612. The registered office is 1B, Little Titchfield Street, London, W1W 7BU, 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.
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.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
397,775
36,867
22,795
457,437
Additions
9,699
20,048
3,497
33,244
At 30 April 2024
407,474
56,915
26,292
490,681
At 1 May 2023
14,788
28,073
9,579
52,440
Charge for the year
11,998
7,938
8,116
28,052
At 30 April 2024
26,786
36,011
17,695
80,492
At 30 April 2024
380,688
20,904
8,597
410,189
At 30 April 2023
382,987
8,794
13,216
404,997
Edel Assanti Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
383,874
264,505
Accrued income and prepayments
13,238
20,152
Amounts falling due after more than one year
Other debtors
11,500
11,500
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
9,167
Trade creditors
53,836
147,504
Taxes and social security
116,707
51,648
Other creditors
86,314
111,004
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
100,684
105,384
8
Average number of employees
During the year the average number of employees was 9 (2023: 6).