Registration number:
Aromasport Therapy Limited
for the Period from 1 October 2023 to 31 March 2025
Aromasport Therapy Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Aromasport Therapy Limited
(Registration number: 07015487)
Balance Sheet as at 31 March 2025
Note |
2025 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
9,423 |
10,459 |
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Shareholders' funds |
9,523 |
10,559 |
For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Aromasport Therapy Limited
Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The taxation expense represents the aggregate amount of current recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Aromasport Therapy Limited
Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025 (continued)
2 |
Accounting policies (continued) |
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 |
25% straight line |
Fixtures, fittings & equipment |
25% straight line |
Computer equipment |
33% straight line |
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
10 years |
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Classification
Recognition and measurement
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Aromasport Therapy Limited
Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025 (continued)
Intangible assets |
Goodwill |
Total |
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Cost or valuation |
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At 1 October 2023 |
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At 31 March 2025 |
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Amortisation |
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At 1 October 2023 |
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At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
- |
- |
Tangible assets |
Fixtures, fittings & equipment |
Plant and machinery |
Computer equipment |
Total |
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Cost or valuation |
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At 1 October 2023 |
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Disposals |
- |
- |
( |
( |
At 31 March 2025 |
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Depreciation |
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At 1 October 2023 |
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Charge for the period |
- |
- |
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Eliminated on disposal |
- |
- |
( |
( |
At 31 March 2025 |
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Carrying amount |
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At 31 March 2025 |
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At 30 September 2023 |
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Aromasport Therapy Limited
Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025 (continued)
Debtors |
Current |
2025 |
2023 |
Trade debtors |
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Prepayments |
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Other debtors |
- |
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Creditors |
Creditors: amounts falling due within one year
2025 |
2023 |
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Due within one year |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2025 |
2023 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
Related party transactions |
Other transactions with directors |
At the year end date, the company owed the directors the following balances:
- Mrs C L A Milne - £1,039 (2023 - £510)
- Mrs G E Rich - £469 (2023 - £510)