Company Registration No. 13158748 (England and Wales)
CONFIDE APPAREL LTD.
Unaudited accounts
for the year ended 31 January 2023
CONFIDE APPAREL LTD.
Unaudited accounts
Contents
CONFIDE APPAREL LTD.
Company Information
for the year ended 31 January 2023
Director
Mr Daniel D'Souza
Company Number
13158748 (England and Wales)
Registered Office
33 PINEWOOD GREEN
IVER
SL0 0QL
ENGLAND
Accountants
Tax Accountant | Specialist Tax Consultancy
Apex House, Calthrope Road
Birmingham
England
B15 1TR
CONFIDE APPAREL LTD.
Statement of financial position
as at 31 January 2023
Tangible assets
6,720
8,960
Cash at bank and in hand
675
12
Creditors: amounts falling due within one year
(19,918)
(19,093)
Net current liabilities
(15,513)
(15,351)
Net liabilities
(8,793)
(6,391)
Called up share capital
1
1
Profit and loss account
(8,794)
(6,392)
Shareholders' funds
(8,793)
(6,391)
For the year ending 31 January 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 24 September 2023 and were signed on its behalf by
Mr Daniel D'Souza
Director
Company Registration No. 13158748
CONFIDE APPAREL LTD.
Notes to the Accounts
for the year ended 31 January 2023
CONFIDE APPAREL LTD. is a private company, limited by shares, registered in England and Wales, registration number 13158748. The registered office is 33 PINEWOOD GREEN, IVER, SL0 0QL, ENGLAND.
2
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:
Plant & machinery
20% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
CONFIDE APPAREL LTD.
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
19,558
18,239
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).