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REGISTERED NUMBER: 12835433 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2021 TO 28 FEBRUARY 2023

FOR

VOGUE TEXTILES & ACCESSORIES LIMITED

VOGUE TEXTILES & ACCESSORIES LIMITED (REGISTERED NUMBER: 12835433)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 September 2021 to 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


VOGUE TEXTILES & ACCESSORIES LIMITED

COMPANY INFORMATION
for the Period 1 September 2021 to 28 February 2023







DIRECTOR: Mrs L A Harris





REGISTERED OFFICE: Langley House
Park Road
London
N2 8EY





REGISTERED NUMBER: 12835433 (England and Wales)





ACCOUNTANTS: Accura Accountants Ltd
Langley House
Park Road
East Finchley
London
N2 8EY

VOGUE TEXTILES & ACCESSORIES LIMITED (REGISTERED NUMBER: 12835433)

STATEMENT OF FINANCIAL POSITION
28 February 2023

28.2.23 31.8.21
Notes £    £   
CURRENT ASSETS
Debtors 4 28,778 50,000
Cash at bank and in hand 346,904 31,452
375,682 81,452
CREDITORS
Amounts falling due within one year 5 95,432 34,174
NET CURRENT ASSETS 280,250 47,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,250

47,278

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 280,150 47,178
280,250 47,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 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.

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 25 March 2024 and were signed by:





Mrs L A Harris - Director


VOGUE TEXTILES & ACCESSORIES LIMITED (REGISTERED NUMBER: 12835433)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 September 2021 to 28 February 2023

1. STATUTORY INFORMATION

Vogue Textiles & Accessories 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.

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.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments
The Company only enters into basic financial instrument transaction that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loan from banks and other third parties, loans to and from related parties and investments in ordinary shares.

VOGUE TEXTILES & ACCESSORIES LIMITED (REGISTERED NUMBER: 12835433)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 September 2021 to 28 February 2023

2. ACCOUNTING POLICIES - continued

Debtors, creditors, provision for liabilities
Debtors: Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transactions costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors: Short term creditors are measured at the transactions price. Other financial liabilities, including bank loans are measured at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method.

Provision for liabilities: Provisions are made where an event has taken place that gives the Company a legal obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be
made of the amount of the obligation. Provision are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure to settle the obligation, taking into account relevant risks and uncertainties.

Impairment of tangible and intangible assets
Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an assets may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior period may no longer exist or may have decreased.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.8.21
£    £   
Trade debtors 24,429 -
Other debtors 4,349 50,000
28,778 50,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.8.21
£    £   
Trade creditors 7,004 21,354
Taxation and social security 53,871 11,066
Other creditors 34,557 1,754
95,432 34,174

Included within other creditors are accrued expenses of £1,600 (2021: £1,600)

VOGUE TEXTILES & ACCESSORIES LIMITED (REGISTERED NUMBER: 12835433)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 September 2021 to 28 February 2023

6. RESERVES
Retained
earnings
£   

At 1 September 2021 47,178
Profit for the period 232,972
At 28 February 2023 280,150