Company No:
Contents
DIRECTOR | Emanuel Von Baeyer |
REGISTERED OFFICE | 22 Chancery Lane |
London | |
WC2A 1LS | |
United Kingdom |
COMPANY NUMBER | 08468216 (England and Wales) |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 4 |
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49,312 | 6,962 | |||
Current assets | ||||
Stocks |
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Debtors | 5 |
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Cash at bank and in hand |
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853,642 | 1,036,823 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current assets | 519,173 | 826,551 | ||
Total assets less current liabilities | 568,485 | 833,513 | ||
Creditors: amounts falling due after more than one year | 7 | (
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Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Emanuel Von Baeyer Limited (registered number:
Emanuel Von Baeyer
Director |
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presented, unless otherwise stated.
The company is a private company limited by share capital incorporated in England and Wales.
The address of its registered office is:
22 Chancery Lane
London
WC2A 1LS
The principal place of business is:
130-132 Hamilton Terrace
London
NW8 9UU
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical cost convention. The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
A prior year adjustment has been made to correct the closing stock as at 31 March 2023 and to recognise the dividend declared in the year ended 31 March 2023. This has decreased Debtors by £56,200 to £519,498 (previously reported £575,698) decreased Profit and loss account by £56,200 to £795,453 (previously reported £851,653), decreased closing stock by £4,782 to £353,872 (previously reported £358,654) and decreased purchases by £4,782 to £640,145 (previously reported £644,927).
Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Plant and machinery etc. |
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Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtors.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised costusing the effective interest method.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Being the prior year restatement to correct for the dividend declared within the year and adjustment to opening stock
As previously reported | Adjustment | As restated | ||||
Year ended 31 March 2023 | £ | £ | £ | |||
Debtors | 575,698 | (56,200) | 519,498 | |||
Profit and loss account | (851,753) | 56,200 | (795,553) | |||
Closing Stock | (358,654) | 4,782 | (353,872) | |||
Purchases | 644,927 | (4,782) | 640,145 |
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the company during the year, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 April 2023 |
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Additions |
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At 31 March 2024 |
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Accumulated depreciation | |||
At 01 April 2023 |
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Charge for the financial year |
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At 31 March 2024 |
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Net book value | |||
At 31 March 2024 |
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At 31 March 2023 |
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2024 | 2023 | ||
£ | £ | ||
Trade debtors |
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Corporation tax |
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Other taxation and social security |
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Other debtors |
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2024 | 2023 | ||
£ | £ | ||
Trade creditors |
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Taxation and social security |
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Other creditors |
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2024 | 2023 | ||
£ | £ | ||
Other creditors |
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Amounts repayable after more than 5 years are included in creditors falling due over one year:
2024 | 2023 | ||
£ | £ | ||
Other creditors (repayable by instalments) |
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Transactions with the entity's director
2024 | 2023 | ||
£ | £ | ||
Loan to director (Emanuel Von Baeyer) | 95,319 | 0 |
During the year, Emanuel Von Baeyer Limited advanced £95,319 (2023 - £-) to Emanuel Von Baeyer, the director of the company. During the year, Emanuel Von Baeyer repaid £- (2023 - £-) to Emanuel Von Baeyer Limited. The loan is interest free and repayable on demand.