Company Registration No. 11151755 (England and Wales)
OUTFIT DESIGNER LTD
Unaudited accounts
for the year ended 31 January 2023
OUTFIT DESIGNER LTD
Unaudited accounts
Contents
OUTFIT DESIGNER LTD
Statement of financial position
as at 31 January 2023
Tangible assets
7,805
9,756
Cash at bank and in hand
59
148
Creditors: amounts falling due within one year
(10,219)
(10,319)
Net current liabilities
(10,160)
(10,171)
Total assets less current liabilities
(2,355)
(415)
Creditors: amounts falling due after more than one year
(33,100)
(32,500)
Net liabilities
(35,455)
(32,915)
Called up share capital
100
100
Profit and loss account
(35,555)
(33,015)
Shareholders' funds
(35,455)
(32,915)
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 23 October 2023 and were signed on its behalf by
Muhammad AZEEM
Director
Company Registration No. 11151755
OUTFIT DESIGNER LTD
Notes to the Accounts
for the year ended 31 January 2023
OUTFIT DESIGNER LTD is a private company, limited by shares, registered in England and Wales, registration number 11151755. The registered office is FLAT 63 ARGENT HOUSE 1, HANDLEY PAGE ROAD, BARKING, IG11 0UW, 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% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
6,900
4,935
2,135
13,970
At 31 January 2023
6,900
4,935
2,135
13,970
At 1 February 2022
1,035
2,110
1,069
4,214
Charge for the year
1,173
565
213
1,951
At 31 January 2023
2,208
2,675
1,282
6,165
At 31 January 2023
4,692
2,260
853
7,805
At 31 January 2022
5,865
2,825
1,066
9,756
OUTFIT DESIGNER LTD
Notes to the Accounts
for the year ended 31 January 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
9,626
10,319
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).