The Fragrance House Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07713043

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		32,674		-
Tangible Assets	5		14,632		14,974
Investments	6		283,802		-

			331,108		14,974
CURRENT ASSETS
Stocks	7	217,812		205,758
Debtors	8	355,085		62,932
Cash at bank and in hand		357,381		58,359

		930,278		327,049
Creditors: Amounts Falling Due Within One Year	9	(1,818,224 )		(387,650 )

NET CURRENT ASSETS (LIABILITIES)			(887,946 )		(60,601 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(556,838 )		(45,627 )

Creditors: Amounts Falling Due After More Than One Year	10		(93,402 )		(103,333 )

NET LIABILITIES			(650,240 )		(148,960 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			(650,340 )		(149,060 )

SHAREHOLDERS' FUNDS			(650,240)		(148,960)

Page 1

Page 2

The Fragrance House Group Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Brown

Director

20/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Fragrance House Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07713043 . The registered office is 40 Bedford Road, Letchworth Garden City, Hertfordshire, SG6 4DR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	33% straight line
Plant & Machinery	33% straight line
Fixtures & Fittings	33% straight line
Computer Equipment	33% straight line

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2023: 11)

Page 3

Page 4

The Fragrance House Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 January 2024	-
Additions	32,674

As at 31 December 2024	32,674

Net Book Value
As at 31 December 2024	32,674

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	8,854	21,835	88,026	28,630	147,345
Additions	-	3,352	2,930	9,460	15,742

As at 31 December 2024	8,854	25,187	90,956	38,090	163,087

Depreciation
As at 1 January 2024	7,975	20,697	77,399	26,300	132,371
Provided during the period	876	2,215	8,798	4,195	16,084

As at 31 December 2024	8,851	22,912	86,197	30,495	148,455

Net Book Value
As at 31 December 2024	3	2,275	4,759	7,595	14,632

As at 1 January 2024	879	1,138	10,627	2,330	14,974

6. Investments

	Unlisted
	£
Cost
As at 1 January 2024	-
Additions	283,802

As at 31 December 2024	283,802

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	283,802

As at 1 January 2024	-

Page 4

Page 5

The Fragrance House Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Stocks

	31 December 2024	31 December 2023
	£	£
Stock	217,812	205,758

8. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	77,817	59,286
Amounts owed by group undertakings	226,011	-
Other debtors	51,257	3,646

	355,085	62,932

9. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	201,233	58,452
Bank loans and overdrafts	9,289	10,000
Other loans	-	12,480
Amounts owed to group undertakings	1,370,909	49,993
Other creditors	234,491	238,804
Taxation and social security	2,302	17,921

	1,818,224	387,650

10. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Bank loans	23,402	33,333
Other creditors	70,000	70,000

	93,402	103,333

11. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	100	100

12. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Societe Grassoise de Parfumerie . Societe Grassoise de Parfumerie was incorporated in France.. The ultimate controlling party is Societe Grassoise de Parfumerie who controls 100% of the shares of The Fragrance House Group Limited .

Page 5