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Company Registration No. 10872957 (England and Wales)
Mimi Fashion Limited Unaudited accounts for the year ended 31 July 2023
Mimi Fashion Limited Unaudited accounts Contents
Page
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Mimi Fashion Limited Company Information for the year ended 31 July 2023
Director
Jalil Azizi
Company Number
10872957 (England and Wales)
Registered Office
YAHYA ACCOUNTANCY, 164 WEST HENDON BROADWAY LONDON NW9 7AA ENGLAND
Accountants
Yahya & Co Accountants Ltd T/A Yahya Accountancy 164 West Hendon Broadway London NW9 7AA
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Mimi Fashion Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
794 
968 
Current assets
Inventories
57,180 
57,180 
Cash at bank and in hand
58,904 
68,071 
116,084 
125,251 
Creditors: amounts falling due within one year
(113,960)
(158,611)
Net current assets/(liabilities)
2,124 
(33,360)
Total assets less current liabilities
2,918 
(32,392)
Creditors: amounts falling due after more than one year
(31,111)
(36,445)
Net liabilities
(28,193)
(68,837)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(28,293)
(68,937)
Shareholders' funds
(28,193)
(68,837)
For the year ending 31 July 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 17 April 2024 and were signed on its behalf by
Jalil Azizi Director Company Registration No. 10872957
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Mimi Fashion Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Mimi Fashion Limited is a private company, limited by shares, registered in England and Wales, registration number 10872957. The registered office is YAHYA ACCOUNTANCY, 164, WEST HENDON BROADWAY, LONDON, NW9 7AA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
18% Reducing Balance Method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2022
1,457 
At 31 July 2023
1,457 
Depreciation
At 1 August 2022
489 
Charge for the year
174 
At 31 July 2023
663 
Net book value
At 31 July 2023
794 
At 31 July 2022
968 
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Mimi Fashion Limited Notes to the Accounts for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,333 
5,333 
VAT
339 
- 
Trade creditors
15,121 
49,681 
Taxes and social security
934 
5,000 
Loans from directors
92,233 
98,597 
113,960 
158,611 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
31,111 
36,445 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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