FORMULA FRAGRANCES LTD


Director	SHIDIAK, Antoun Yousif


Registered Address	5 Kensington Gardens
	Brighton
	BN1 4AL


Registered Number	15894965 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		6,452
			6,452
Current assets
Debtors		33,322
Cash at bank and on hand		4,862
		38,184
Creditors amounts falling due within one year	4	(31,302)
Net current assets (liabilities)			6,882
Total assets less current liabilities			13,334
Net assets			13,334
Capital and reserves
Profit and loss account			13,334
Shareholders' funds			13,334

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 5 May 2026, and are signed on its behalf by:

SHIDIAK, Antoun Yousif
Director
Registered Company No. 15894965

FORMULA FRAGRANCES LTD

Notes to the Financial Statements
for the period ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25

2.	Average number of employees


		2025
	Average number of employees during the year	0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
Additions	7,988	7,988
At 31 August 25	7,988	7,988
Depreciation and impairment
Charge for year	1,536	1,536
At 31 August 25	1,536	1,536
Net book value
At 31 August 25	6,452	6,452
At 12 August 24	-	-

4.	Creditors: amounts due within one year

		2025
		£
	Taxation and social security	1,615
	Other creditors	27,647
	Accrued liabilities and deferred income	2,040
	Total	31,302

5.	Events after reporting date
	CHANGE OF NAME The company passed a special resolution on 7 January 2025, changing its name from Chocoberry UK Ltd to Coco Mexican Street Foods Ltd. The company passed another special resolution on 14 April 2026, changing its name from Coco Mexican Street Foods Ltd to Formula Fragrances Ltd. PRINCIPAL ACTIVITY The principal activity of the company changed from food and beverage retail to wholesale of perfume and cosmetics on 15 April 2026.

Events after reporting date

CHANGE OF NAME
The company passed a special resolution on 7 January 2025, changing its name from Chocoberry UK Ltd to Coco Mexican Street Foods Ltd.
The company passed another special resolution on 14 April 2026, changing its name from Coco Mexican Street Foods Ltd to Formula Fragrances Ltd.

PRINCIPAL ACTIVITY
The principal activity of the company changed from food and beverage retail to wholesale of perfume and cosmetics on 15 April 2026.

6.	Related party transactions
	The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.