All Styles Consultants Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08214404 (England and Wales)

Unaudited Financial Statements

for the Period 1 September 2021 to 30 August 2022

for

All Styles Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

A Styles

REGISTERED OFFICE:

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

REGISTERED NUMBER:

08214404 (England and Wales)

ACCOUNTANTS:

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

FIXED ASSETS

Intangible assets

4

-

-

Investments

5

-

11,516

-

11,516

CURRENT ASSETS

Debtors

6

782,511

362,243

Cash at bank

7,145

61,898

789,656

424,141

CREDITORS

Amounts falling due within one year

7

758,516

319,993

NET CURRENT ASSETS

31,140

104,148

TOTAL ASSETS LESS CURRENT LIABILITIES

31,140

115,664

CREDITORS

Amounts falling due after more than one year

8

30,066

39,167

NET ASSETS

1,074

76,497

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

1,071

76,494

SHAREHOLDERS' FUNDS

1,074

76,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 August 2023 and were signed by:

A Styles - Director

1.	STATUTORY INFORMATION

All Styles Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2021

and 30 August 2022

70,000

AMORTISATION

At 1 September 2021

and 30 August 2022

70,000

NET BOOK VALUE

At 30 August 2022

-

At 31 August 2021

-

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 September 2021

11,516

Disposals

(11,516

)

At 30 August 2022

-

NET BOOK VALUE

At 30 August 2022

-

At 31 August 2021

11,516

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.22

31.8.21

£

£

Trade debtors

143,531

143,531

Other debtors

638,980

218,712

782,511

362,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.8.22

31.8.21

£

£

Bank loans and overdrafts

9,186

10,000

Trade creditors

(1

)

-

Amounts owed to group undertakings

709,662

250,070

Taxation and social security

39,669

59,923

758,516

319,993

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.8.22

31.8.21

£

£

Bank loans

30,066

39,167

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.8.22

31.8.21

value:

£

£

1

Ordinary

£1

1

1

1

'A'

£1

1

1

1

'B'

£1

1

1

3

3

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 August 2022 and the year ended 31 August 2021:

30.8.22

31.8.21

£

£

A Styles

Balance outstanding at start of period

180,907

220,417

Amounts advanced

283,409

214,932

Amounts repaid

(244,442

)

(254,442

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

219,874

180,907

At the year end the director owed the company £219,874 (2021: £180,907), and this was repaid within nine months of the year end.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 August 2022 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Johnston Wood Roach Limited

24 Picton House

Hussar Court

Waterlooville

Hampshire

PO7 7SQ

Date: .............................................