Company Registration No. 07449868 (England and Wales)
SERENDIPITY TAILORMADE LTD
Unaudited accounts
for the year ended 31 March 2023
SERENDIPITY TAILORMADE LTD
Unaudited accounts
Contents
SERENDIPITY TAILORMADE LTD
Company Information
for the year ended 31 March 2023
Company Number
07449868 (England and Wales)
Registered Office
8TH FLOOR BECKET HOUSE
36 OLD JEWRY
LONDON
EC2R 8DD
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
SERENDIPITY TAILORMADE LTD
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
44,672
2,282
Creditors: amounts falling due within one year
(546,770)
(181,203)
Net current liabilities
(353,134)
(79,427)
Total assets less current liabilities
(353,134)
(79,170)
Creditors: amounts falling due after more than one year
(50,000)
(322,251)
Net liabilities
(403,134)
(401,421)
Called up share capital
10,000
10,000
Profit and loss account
(423,122)
(421,409)
Shareholders' funds
(403,134)
(401,421)
For the year ending 31 March 2023 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 28 March 2024 and were signed on its behalf by
Nabeel Shariff
Director
Company Registration No. 07449868
SERENDIPITY TAILORMADE LTD
Notes to the Accounts
for the year ended 31 March 2023
SERENDIPITY TAILORMADE LTD is a private company, limited by shares, registered in England and Wales, registration number 07449868. The registered office is 8TH FLOOR BECKET HOUSE, 36 OLD JEWRY, LONDON, EC2R 8DD.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
11,217
1,124
12,341
At 31 March 2023
11,217
1,124
12,341
At 1 April 2022
11,217
867
12,084
Charge for the year
-
257
257
At 31 March 2023
11,217
1,124
12,341
At 31 March 2022
-
257
257
Amounts falling due within one year
Trade debtors
92,939
52,995
Other debtors
56,025
46,499
SERENDIPITY TAILORMADE LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,723
44,913
Trade creditors
30,647
22,662
Taxes and social security
3,160
4,415
Other creditors
43,317
43,915
Loans from directors
429,064
64,309
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).