Ki Fashion Limited
Company No. 12256655
Information for Filing with The Registrar
31 October 2023
Ki Fashion Limited

Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 October 2023.
Principal activities
The principal activity of the company during the year under review was Wholesale Of Textiles .
Director
The Director who served at any time during the year was as follows:
I. I.Salem
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
I. I.Salem
Director
31 October 2023
Ki Fashion Limited

Balance Sheet Registrar
at31 October 2023
Company No.12256655Notes20232022
££
Fixed assets
Tangible assets48,2417,042
8,2417,042
Current assets
Stocks5146,650144,753
Debtors625,48918,505
Cash at bank and in hand25,23126,564
197,370189,822
Creditors: Amount falling due within one year7
(146,739)
(143,645)
Net current assets50,63146,177
Total assets less current liabilities58,87253,219
Creditors: Amounts falling due after more than one year8
(34,487)
(39,287)
Net assets24,38513,932
Capital and reserves
Called up share capital100100
Profit and loss account-24,28513,832
Total equity24,38513,932
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 31 October 2023 and signed on its behalf by:
I. I.Salem
Director
31 October 2023
Ki Fashion Limited

Notes to the Accounts Registrar
for the year ended 31 October 2023
1General information
Ki Fashion Limited is a private company limited by shares and incorporated in Northern Ireland.
Its registered number is: 12256655
Its registered office is:
43
Upton Lane
Forestgate
London
E7 9PA
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2Accounting policies
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.
3Employees
20232022
NumberNumber
The average monthly number of employees (including directors) during the year was:53
4Tangible fixed assets
Land and buildingsPlant and machineryMotor vehiclesFixtures, fittings and equipmentTotal
£££££
Cost or revaluation
At 1 November 2022-11,103--11,103
Additions-2,718--2,718
At 31 October 2023-13,821--13,821
Depreciation
At 1 November 2022-4,061--4,061
Charge for the year-1,519--1,519
At 31 October 2023-5,580--5,580
Net book values
At 31 October 2023-8,241--8,241
At 31 October 2022-7,042--7,042
5Stocks
20232022
££
Finished goods146,650144,753
146,650144,753
6Debtors
20232022
££
Trade debtors20,15613,172
Other debtors5,3335,333
25,48918,505
7Creditors:
amounts falling due within one year
20232022
££
Trade creditors135,330139,502
Taxes and social security11,4094,143
146,739143,645
8Creditors:
amounts falling due after more than one year
20232022
££
Bank loans and overdrafts34,48739,287
34,48739,287
9Share Capital
100 Ordinary Shares of £1 each
10Reserves
Revaluation ReserveCapital redemption reserveTotal other reserves
£££
Profit and loss account - includes all current and prior period retained profits and losses.
11Guarantees and commitments
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