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REGISTERED NUMBER: 05620489 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2022

FOR

DRESS FOR LESS LIMITED

DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DRESS FOR LESS LIMITED

COMPANY INFORMATION
for the year ended 30 November 2022







DIRECTOR: Mrs A T Coles





SECRETARY: Ms L Bear





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 05620489 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)

ABRIDGED BALANCE SHEET
30 November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 277 439
277 439

CURRENT ASSETS
Debtors 10,573 39,458
Cash at bank and in hand 37,139 18,034
47,712 57,492
CREDITORS
Amounts falling due within one year 25,284 29,828
NET CURRENT ASSETS 22,428 27,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,705

28,103

CREDITORS
Amounts falling due after more than one year 22,515 27,730
NET ASSETS 190 373

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 189 372
SHAREHOLDERS' FUNDS 190 373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)

ABRIDGED BALANCE SHEET - continued
30 November 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 November 2023 and were signed by:





Mrs A T Coles - Director


DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2022

1. STATUTORY INFORMATION

Dress For Less 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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

Turnover
Turnover represents commissions received, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Government grants
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

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.

DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2022

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2021
and 30 November 2022 31,000
AMORTISATION
At 1 December 2021
and 30 November 2022 31,000
NET BOOK VALUE

At 30 November 2022 -
At 30 November 2021 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2021
and 30 November 2022 7,350
DEPRECIATION
At 1 December 2021 6,911
Charge for year 162
At 30 November 2022 7,073
NET BOOK VALUE
At 30 November 2022 277
At 30 November 2021 439

DRESS FOR LESS LIMITED (REGISTERED NUMBER: 05620489)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2022

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2022 and 30 November 2021:

2022 2021
£    £   
Mrs A T Coles
Balance outstanding at start of year 26,549 24,584
Amounts advanced 9,421 26,549
Amounts repaid (26,549 ) (24,584 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,421 26,549