Company Registration No. 04406905 (England and Wales)
Chloe Alberry Limited
Unaudited accounts
for the year ended 31 March 2024
Chloe Alberry Limited
Unaudited accounts
Contents
Chloe Alberry Limited
Company Information
for the year ended 31 March 2024
Secretary
Pearl Accounting Limited
Company Number
04406905 (England and Wales)
Registered Office
84 Portobello Road
London
W11 2QD
Accountants
Pearl Accounting Limited
Suite 1
116 Ballards Lane
Finchley
London
N3 2DN
Chloe Alberry Limited
Statement of financial position
as at 31 March 2024
Tangible assets
85,596
100,176
Inventories
203,249
176,627
Cash at bank and in hand
78,429
20,234
Creditors: amounts falling due within one year
(139,499)
(167,139)
Net current assets
144,711
97,625
Net assets
230,307
197,801
Called up share capital
1
1
Profit and loss account
230,306
197,800
Shareholders' funds
230,307
197,801
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 director acknowledges her 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 27 March 2025 and were signed on its behalf by
Chloe Alberry
Director
Company Registration No. 04406905
Chloe Alberry Limited
Notes to the Accounts
for the year ended 31 March 2024
Chloe Alberry Limited is a private company, limited by shares, registered in England and Wales, registration number 04406905. The registered office is 84 Portobello Road, London, W11 2QD.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
25% written down value
Motor vehicles
25% written down value
Fixtures & fittings
25% written down value
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Chloe Alberry Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
48,577
34,050
8,998
46,891
138,516
Additions
-
1,165
-
-
1,165
At 31 March 2024
48,577
35,215
8,998
46,891
139,681
At 1 April 2023
1,590
20,061
8,581
8,108
38,340
Charge for the year
4,858
1,087
105
9,695
15,745
At 31 March 2024
6,448
21,148
8,686
17,803
54,085
At 31 March 2024
42,129
14,067
312
29,088
85,596
At 31 March 2023
46,987
13,989
417
38,783
100,176
Amounts falling due within one year
Accrued income and prepayments
-
60,766
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
34,667
50,666
Trade creditors
6,967
2,471
Taxes and social security
14,204
25,217
Loans from directors
59,260
83,802
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).