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REGISTERED NUMBER: 07986080 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

MY FASHION TRIBU LIMITED

MY FASHION TRIBU LIMITED (REGISTERED NUMBER: 07986080)






Contents of the Financial Statements
for the year ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MY FASHION TRIBU LIMITED

Company Information
for the year ended 31 December 2022







DIRECTOR: Mrs J Galland-Nielsen





REGISTERED OFFICE: 38 Bowerdean Street
London
SW6 3TW





REGISTERED NUMBER: 07986080 (England and Wales)





ACCOUNTANTS: Neuhoff & Co
Chartered Accountants
Claydons Barns
11 Towcester Road
Whittlebury
Northamptonshire
NN12 8XU

MY FASHION TRIBU LIMITED (REGISTERED NUMBER: 07986080)

Balance Sheet
31 December 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,211 1,616

CURRENT ASSETS
Stocks 42,050 31,605
Debtors 5 5,038 468
Cash at bank 51,101 62,663
98,189 94,736
CREDITORS
Amounts falling due within one year 6 (67,911 ) (64,777 )
NET CURRENT ASSETS 30,278 29,959
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,489

31,575

PROVISIONS FOR LIABILITIES (163 ) (226 )
NET ASSETS 31,326 31,349

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 30,326 30,349
SHAREHOLDERS' FUNDS 31,326 31,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

MY FASHION TRIBU LIMITED (REGISTERED NUMBER: 07986080)

Balance Sheet - continued
31 December 2022


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 28 September 2023 and were signed by:





Mrs J Galland-Nielsen - Director


MY FASHION TRIBU LIMITED (REGISTERED NUMBER: 07986080)

Notes to the Financial Statements
for the year ended 31 December 2022

1. STATUTORY INFORMATION

My Fashion Tribu 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 (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related third parties and investments in non-puttable ordinary shares.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

MY FASHION TRIBU LIMITED (REGISTERED NUMBER: 07986080)

Notes to the Financial Statements - continued
for the year ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 4,397
DEPRECIATION
At 1 January 2022 2,781
Charge for year 405
At 31 December 2022 3,186
NET BOOK VALUE
At 31 December 2022 1,211
At 31 December 2021 1,616

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 5,038 -
Other debtors - 468
5,038 468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 3,590 3,674
Other creditors 64,321 61,103
67,911 64,777