Company Registration No. 11897145 (England and Wales)
THE FRAGRANCE LAB LIMITED
Unaudited accounts
for the year ended 31 March 2025
THE FRAGRANCE LAB LIMITED
Unaudited accounts
Contents
THE FRAGRANCE LAB LIMITED
Company Information
for the year ended 31 March 2025
Company Number
11897145 (England and Wales)
Registered Office
14 Kestrel Close
Ilford
Essex
IG6 3XT
England
Accountants
KG Accounts & Tax Ltd.
83 Ducie Street
Manchester
M1 2JQ
THE FRAGRANCE LAB LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
90,850
77,400
Cash at bank and in hand
330,782
142,279
Creditors: amounts falling due within one year
(543,953)
(263,163)
Net current assets
773,546
428,531
Net assets
864,396
505,931
Called up share capital
100
100
Profit and loss account
864,296
505,831
Shareholders' funds
864,396
505,931
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 director acknowledges his 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 31 December 2025 and were signed on its behalf by
Jabadul Islam
Director
Company Registration No. 11897145
THE FRAGRANCE LAB LIMITED
Notes to the Accounts
for the year ended 31 March 2025
THE FRAGRANCE LAB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11897145. The registered office is 14 Kestrel Close, Ilford, Essex, IG6 3XT, England.
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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10 years straight line
4
Tangible fixed assets
Motor vehicles
Charge for the year
11,050
THE FRAGRANCE LAB LIMITED
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
974,415
549,415
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
101,357
75,802
Loans from directors
(8,791)
(3,879)
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).