Andre Michael Ltd - Filleted accounts

Andre Michael Ltd
Registered number:		08003190
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		12,386			11,393

Current assets
Stocks		959,343			895,077
Debtors	4	1,259,232			991,102
Cash at bank and in hand		275,685			185,698
		2,494,260			2,071,877

Creditors: amounts falling due within one year	5	(1,426,941)			(1,102,301)

Net current assets			1,067,319			969,576

Total assets less current liabilities			1,079,705			980,969

Creditors: amounts falling due after more than one year	6		(196,372)			(228,372)



Net assets			883,333			752,597

Capital and reserves
Called up share capital			3,000			3,000
Preference shares			41,000			61,000
Profit and loss account			839,333			688,597

Shareholders' funds			883,333			752,597

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Himanshu N Shah
Director
Approved by the board on 18 September 2026

Andre Michael Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 . Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures and Fittings			20% reducing balance methords
	Plant and machinery			20% reducing balance methords
	Equipment			20% reducing balance methords

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.




	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.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		6


3	Tangible fixed assets
		Fixtures and fittings		Plant and machinery etc		Equipments		Total
£			£		£		£
	Cost
	At 1 January 2025	19,269		5,248		14,365		38,882
	Additions	-		4,089		-		4,089
	At 31 December 2025	19,269		9,337		14,365		42,971

	Depreciation
	At 1 January 2025	10,597		4,921		11,971		27,489
	Charge for the year	1,734		883		479		3,096
	At 31 December 2025	12,331		5,804		12,450		30,585

	Net book value
	At 31 December 2025	6,938		3,533		1,915		12,386
	At 31 December 2024	8,672		327		2,394		11,393


4	Debtors					2025		2024
£							£

	Trade debtors					1,247,848		979,718
	Other debtors					11,384		11,384
						1,259,232		991,102


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,164,050		885,725
	Corporation tax					69,915		55,085
	Other taxes and social security costs					192,559		161,074
	Other creditors					417		417
						1,426,941		1,102,301


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Dividend payable					60,000		60,000
	Bank loans					5,000		17,000
	Private Loan					90,372		90,372
	Director's loan-Andre C Giloy					41,000		61,000
						196,372		228,372



7	Other information

	Andre Michael Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Premier House
	12-13 Hatton Garden
	2nd Floor
	London
	EC1N 8AN