Andre Noir Limited 01845714 false 2023-03-01 2024-04-30 2024-04-30 The principal activity of the company is Selling and crafting of Jewellery Digita Accounts Production Advanced 6.30.9574.0 true true 01845714 2023-03-01 2024-04-30 01845714 2024-04-30 01845714 bus:Director1 2024-04-30 01845714 bus:Director2 2024-04-30 01845714 bus:Director3 2024-04-30 01845714 bus:OrdinaryShareClass1 2024-04-30 01845714 core:RetainedEarningsAccumulatedLosses 2024-04-30 01845714 core:ShareCapital 2024-04-30 01845714 core:CurrentFinancialInstruments 2024-04-30 01845714 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 01845714 core:FurnitureFittingsToolsEquipment 2024-04-30 01845714 core:OtherPropertyPlantEquipment 2024-04-30 01845714 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-30 01845714 bus:SmallEntities 2023-03-01 2024-04-30 01845714 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-04-30 01845714 bus:FullAccounts 2023-03-01 2024-04-30 01845714 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-04-30 01845714 bus:RegisteredOffice 2023-03-01 2024-04-30 01845714 bus:Director1 2023-03-01 2024-04-30 01845714 bus:Director2 2023-03-01 2024-04-30 01845714 bus:Director3 2023-03-01 2024-04-30 01845714 bus:OrdinaryShareClass1 2023-03-01 2024-04-30 01845714 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-04-30 01845714 bus:Agent1 2023-03-01 2024-04-30 01845714 core:FurnitureFittings 2023-03-01 2024-04-30 01845714 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-04-30 01845714 core:OtherPropertyPlantEquipment 2023-03-01 2024-04-30 01845714 core:PlantMachinery 2023-03-01 2024-04-30 01845714 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-03-01 2024-04-30 01845714 core:ParentEntities 2023-03-01 2024-04-30 01845714 countries:AllCountries 2023-03-01 2024-04-30 01845714 2023-02-28 01845714 core:FurnitureFittingsToolsEquipment 2023-02-28 01845714 core:OtherPropertyPlantEquipment 2023-02-28 01845714 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-02-28 01845714 2022-03-01 2023-02-28 01845714 2023-02-28 01845714 bus:OrdinaryShareClass1 2023-02-28 01845714 core:RetainedEarningsAccumulatedLosses 2023-02-28 01845714 core:ShareCapital 2023-02-28 01845714 core:CurrentFinancialInstruments 2023-02-28 01845714 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 01845714 core:FurnitureFittingsToolsEquipment 2023-02-28 01845714 core:OtherPropertyPlantEquipment 2023-02-28 01845714 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-02-28 01845714 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01845714

Andre Noir Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 March 2023 to 30 April 2024

[FRS 102 SECTION1A]
[FILLETED FOR FILING PURPOSES]

 

Andre Noir Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Balance Sheet

4

Notes to the Unaudited Financial Statements

5 to 11

 

Andre Noir Limited

Company Information

Directors

Mr Daniel John Fox

Registered office

8 Lion & Lamb Yard
West Street
Farnham
Surrey
GU9 7LL

Accountants

Tremaines Ltd
East Wing, South Hill
Paddockhurst Road
Turners Hill
West Sussex
RH10 4SF

 

Andre Noir Limited

Director's Report for the Period from 1 March 2023 to 30 April 2024

The director presents his report and the financial statements for the period from 1 March 2023 to 30 April 2024.

Directors of the company

The directors who held office during the period were as follows:

Mr Andrew Black (ceased 1 May 2024)

Mrs Catherine Black (ceased 1 May 2024)

The following director was appointed after the period end:

Mr Daniel John Fox (appointed 1 May 2024)

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 22 November 2024
 

.........................................
Mr Daniel John Fox
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Andre Noir Limited
for the Period Ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Andre Noir Limited for the period ended 30 April 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Andre Noir Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Andre Noir Limited and state those matters that we have agreed to state to the Board of Directors of Andre Noir Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Andre Noir Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Andre Noir Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Andre Noir Limited. You consider that Andre Noir Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Andre Noir Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Tremaines Ltd
East Wing, South Hill
Paddockhurst Road
Turners Hill
West Sussex
RH10 4SF

22 November 2024

 

Andre Noir Limited

(Registration number: 01845714)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5,136

6,042

Current assets

 

Stocks

5

459,218

310,555

Debtors

6

1,016,012

2,989

Cash at bank and in hand

 

15,755

804,948

 

1,490,985

1,118,492

Creditors: Amounts falling due within one year

7

(235,977)

(141,795)

Net current assets

 

1,255,008

976,697

Total assets less current liabilities

 

1,260,144

982,739

Provisions for liabilities

(1,284)

(2,145)

Net assets

 

1,258,860

980,594

Capital and reserves

 

Called up share capital

8

200

200

Retained earnings

1,258,660

980,394

Shareholders' funds

 

1,258,860

980,594

For the financial period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 22 November 2024
 

.........................................
Mr Daniel John Fox
Director

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
8 Lion & Lamb Yard
West Street
Farnham
Surrey
GU9 7LL
England

These financial statements were authorised for issue by the director on 22 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sales of good and provision of services, net of discounts and sales taxes, in the ordinary course of the Company’s activities. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Foreign currency transactions and balances

Transactions denominated in foreign currencies are initially recorded at the rate of exchange as at the date of the transaction. Year end balances are retranslated at the rate of exchange as at the year end with exchange differences included in arriving at profit before tax.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

The current income 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.

Deferred tax is recognised in respect of all timing differences (including fair value adjustments) that have originated but not reversed by the balance sheet date except that a deferred tax asset is only recognised to the extent that it is regarded recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

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:

Asset class

Depreciation method and rate

Plant & machinery

15% Reducing Balance

Fixtures & Fitting

15% Reducing Balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

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 receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The Company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
 

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 4 (2023 - 4).

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2023

34,536

37,832

72,368

At 30 April 2024

34,536

37,832

72,368

Depreciation

At 1 March 2023

32,161

34,165

66,326

Charge for the period

356

550

906

At 30 April 2024

32,517

34,715

67,232

Carrying amount

At 30 April 2024

2,019

3,117

5,136

At 28 February 2023

2,375

3,667

6,042

5

Stocks

2024
£

2023
£

Work in progress

4,956

-

Other inventories

454,262

310,555

459,218

310,555

6

Debtors

Note

2024
£

2023
£

Trade debtors

 

93,492

-

Amounts owed by group undertakings and undertakings in which the company has a participating interest

9

800,000

-

Prepayments

 

-

2,989

Other debtors

 

122,520

-

 

1,016,012

2,989

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

Current

Note

2024
£

2023
£

Trade debtors

 

93,492

-

Amounts owed by related parties

9

800,000

-

Prepayments

 

-

2,989

Other debtors

 

122,520

-

   

1,016,012

2,989

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

13,570

29,289

Taxation and social security cost

 

123,330

92,085

Other creditors

 

99,077

20,421

 

235,977

141,795

Creditors: amounts falling due after more than one year

2024
£

2023
£

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

200

200

200

200

       

9

Related party transactions

Summary of transactions with parent

Gems Jewels & Co Ltd
 Loan to parent company of £800,000
 

Loans to related parties

2024

Key management
£

Total
£

At start of period

(891)

(891)

Advanced

209,752

209,752

Repaid

(86,339)

(86,339)

At end of period

122,522

122,522

 

Andre Noir Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2023 to 30 April 2024

2023

Key management
£

Total
£

Repaid

(891)

(891)

At end of period

(891)

(891)