Company Registration No. 07127385 (England and Wales)
Affordable Lace Front Wigs Ltd
Unaudited accounts
for the year ended 31 March 2024
Affordable Lace Front Wigs Ltd
Unaudited accounts
Contents
Affordable Lace Front Wigs Ltd
Company Information
for the year ended 31 March 2024
Directors
Michael Bourne
Verinea Bourne
Company Number
07127385 (England and Wales)
Registered Office
104 WARWICK ROAD
THORNTON HEATH
SURREY
CR7 7NG
Accountants
Candid Accountants Limited
43 High Street
Thornton Heath
SURREY
CR7 8RW
Affordable Lace Front Wigs Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
1,061
913
Net current assets
1,061
913
Total assets less current liabilities
1,061
913
Creditors: amounts falling due after more than one year
(35,717)
(42,441)
Net liabilities
(34,656)
(41,528)
Called up share capital
2,000
2,000
Capital redemption reserve
(409)
(409)
Profit and loss account
(36,247)
(43,119)
Shareholders' funds
(34,656)
(41,528)
For the year ending 31 March 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 29 January 2025 and were signed on its behalf by
Michael Bourne
Director
Company Registration No. 07127385
Affordable Lace Front Wigs Ltd
Notes to the Accounts
for the year ended 31 March 2024
Affordable Lace Front Wigs Ltd is a private company, limited by shares, registered in England and Wales, registration number 07127385. The registered office is 104 WARWICK ROAD, THORNTON HEATH, SURREY, CR7 7NG.
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:
Other tangible fixed assets
25%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
4,550
409
16,390
21,349
At 31 March 2024
4,550
409
16,390
21,349
At 1 April 2023
4,550
409
16,390
21,349
At 31 March 2024
4,550
409
16,390
21,349
5
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
35,717
42,441
Affordable Lace Front Wigs Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).