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Company Registration No. 07452534 (England and Wales)
Elegance By London Limited Unaudited accounts for the period from 1 December 2022 to 31 May 2024
Elegance By London Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elegance By London Limited Company Information for the period from 1 December 2022 to 31 May 2024
Director
Vikas Goyal
Company Number
07452534 (England and Wales)
Registered Office
9 Harvey Road Basildon SS13 1QJ England
Accountants
S G Accountancy (UK) Ltd COLLEGE GREEN STATION ROAD Crymych Pembrokeshire SA41 3RL
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Elegance By London Limited Statement of financial position as at 31 May 2024
2024
2022
Notes
£
£
Fixed assets
Tangible assets
4
(121,829)
(123,229)
Current assets
Inventories
184,571
1,293,775
Debtors
5
277,156
482,241
Cash at bank and in hand
4,986
80,474
466,713
1,856,490
Creditors: amounts falling due within one year
6
(434,821)
(1,030,352)
Net current assets
31,892
826,138
Total assets less current liabilities
(89,937)
702,909
Creditors: amounts falling due after more than one year
7
(347,586)
(400,567)
Net (liabilities)/assets
(437,523)
302,342
Capital and reserves
Called up share capital
1,100
1,100
Share premium
9,900
9,900
Profit and loss account
(448,523)
291,342
Shareholders' funds
(437,523)
302,342
For the period ending 31 May 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 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 25 February 2026 and were signed on its behalf by
Vikas Goyal Director Company Registration No. 07452534
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Elegance By London Limited Notes to the Accounts for the period from 1 December 2022 to 31 May 2024
1
Statutory information
Elegance By London Limited is a private company, limited by shares, registered in England and Wales, registration number 07452534. The registered office is 9 Harvey Road, Basildon, SS13 1QJ, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 December 2022
43,406
23,420
66,826
Additions
631
769
1,400
At 31 May 2024
44,037
24,189
68,226
Depreciation
At 1 December 2022
43,406
146,649
190,055
At 31 May 2024
43,406
146,649
190,055
Net book value
At 31 May 2024
631
(122,460)
(121,829)
At 30 November 2022
-
(123,229)
(123,229)
5
Debtors
2024
2022
£
£
Amounts falling due within one year
VAT
21
-
Trade debtors
123,322
116,439
Amounts due from group undertakings etc.
-
259,450
Deferred tax asset
151,277
151,277
Accrued income and prepayments
2,536
(68,138)
Other debtors
-
23,213
277,156
482,241
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Elegance By London Limited Notes to the Accounts for the period from 1 December 2022 to 31 May 2024
6
Creditors: amounts falling due within one year
2024
2022
£
£
Bank loans and overdrafts
27,422
783,880
VAT
-
17,079
Trade creditors
19,612
112,508
Taxes and social security
31,943
102,771
Other creditors
104
22,134
Loans from directors
355,740
(8,020)
434,821
1,030,352
7
Creditors: amounts falling due after more than one year
2024
2022
£
£
Bank loans
347,586
400,567
8
Average number of employees
During the period the average number of employees was 18 (2022: 18).
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