FANCY WORLD LTD

Company Registration Number:
13112257 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

FANCY WORLD LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

FANCY WORLD LTD

Company Information

for the Period Ended 31 January 2023




Director: Syeda Ifath Jahan
Mohammed Abidur Reza
Registered office: Unit 103
8-10 Greatorex Street
Greatorex Business Center
London
GBR
E1 5NF
Company Registration Number: 13112257 (England and Wales)

FANCY WORLD LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The director(s) shown below were appointed to the company during the period
Mohammed Abidur Reza
04 March 2022

The director(s) shown below resigned during the period
Syeda Ifath Jahan
04 March 2022

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Mohammed Abidur Reza
Status: Director

FANCY WORLD LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£
13 months to
31 Jan 2022
£
Turnover 56,584 45,713
Cost of sales ( 29,647 ) ( 31,905 )
Gross Profit or (Loss) 26,937 13,808
Administrative Expenses ( 50,855 ) ( 18,234 )
Operating Profit or (Loss) ( 23,918 ) ( 4,426 )
Profit or (Loss) Before Tax ( 23,918 ) ( 4,426 )
Profit or (Loss) for Period ( 23,918 ) ( 4,426 )

The notes form part of these financial statements

FANCY WORLD LTD

Balance sheet

As at 31 January 2023


Notes

2023
£
13 months to
31 Jan 2022
£
Fixed assets
Tangible assets: 4 802 155
Total fixed assets: 802 155
Current assets
Stocks: 42,275 22,140
Cash at bank and in hand: 34 2,126
Total current assets: 42,309 24,266
Creditors: amounts falling due within one year: 5 ( 71,355 ) ( 28,747 )
Net current assets (liabilities): ( 29,046 ) ( 4,481 )
Total assets less current liabilities: ( 28,244 ) ( 4,326 )
Total net assets (liabilities): ( 28,244 ) ( 4,326 )

The notes form part of these financial statements

FANCY WORLD LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£
13 months to
31 Jan 2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 28,344 ) ( 4,426 )
Shareholders funds: ( 28,244 ) ( 4,326 )

For the year ending 31 January 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 24 October 2023
And Signed On Behalf Of The Board By:

Name: Mohammed Abidur Reza
Status: Director

The notes form part of these financial statements

FANCY WORLD LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FANCY WORLD LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023
    13 months to
    31 Jan 2022
    Average number of employees during the period 4 4

FANCY WORLD LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

FANCY WORLD LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 February 2022 172 172
Additions 738 738
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 910 910
Depreciation
At 01 February 2022 17 17
Charge for year 91 91
On disposals - -
Other adjustments - -
At 31 January 2023 108 108
Net book value
At 31 January 2023 802 802
At 31 January 2022 155 155

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 10% reducing balance.

FANCY WORLD LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5.Creditors: amounts falling due within one year note


2023
£
13 months to
31 Jan 2022
£
Bank loans and overdrafts 8,766
Taxation and social security 574 120
Accruals and deferred income 420
Other creditors 61,595 28,627
Total 71,355 28,747