Erica Bolton And Jane Quinn Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01790723

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,329		15,653

			9,329		15,653
CURRENT ASSETS
Debtors	5	156,747		178,577
Cash at bank and in hand		355,794		264,374

		512,541		442,951
Creditors: Amounts Falling Due Within One Year	6	(395,622 )		(251,851 )

NET CURRENT ASSETS (LIABILITIES)			116,919		191,100

TOTAL ASSETS LESS CURRENT LIABILITIES			126,248		206,753

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,332 )		(2,974 )

NET ASSETS			123,916		203,779

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			123,816		203,679

SHAREHOLDERS' FUNDS			123,916		203,779

Page 1

Page 2

Erica Bolton And Jane Quinn Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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

Mrs J E Quinn

Director

07/10/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Erica Bolton And Jane Quinn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01790723 . The registered office is 6 Addison Avenue, London, W11 4QR.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over

their useful lives on the following bases:

Fixtures & Fittings	15% reducing balance
Computer Equipment	33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

2.5. Foreign Currencies

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Page 3

Page 4

Erica Bolton And Jane Quinn Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority

2.7. Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.8. Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2.9. Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 14)

Page 4

Page 5

Erica Bolton And Jane Quinn Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	42,773	63,098	105,871
Additions	-	2,746	2,746

As at 31 March 2025	42,773	65,844	108,617

Depreciation
As at 1 April 2024	38,887	51,331	90,218
Provided during the period	584	8,486	9,070

As at 31 March 2025	39,471	59,817	99,288

Net Book Value
As at 31 March 2025	3,302	6,027	9,329

As at 1 April 2024	3,886	11,767	15,653

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	122,226	147,996
Other debtors	34,521	30,581

	156,747	178,577

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	104,907	35,470
Other creditors	100,346	41,575
Taxation and social security	190,369	174,806

	395,622	251,851

Page 5

Page 6

Erica Bolton And Jane Quinn Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
770 Ordinary Shares of £ 0.100 each	77	77
30 Ordinary A shares of £ 0.100 each	3	3
100 Ordinary B shares of £ 0.100 each	10	10
100 Ordinary C shares of £ 0.100 each	10	10

	100	100

8. Other Commitments

	2025	2024
	£	£
Not later than one year	47,000	47,000
Later than one year and not later than five years	141,000	188,000

	188,000	235,000

Page 6