2022-12-01 07863280 2023-11-30 07863280 2022-12-01 2023-11-30 07863280 2022-11-30 07863280 2021-12-01 2022-11-30 07863280 uk-core:WithinOneYear 2022-11-30 07863280 uk-core:WithinOneYear 2023-11-30 07863280 uk-core:ShareCapital 2023-11-30 07863280 uk-core:ShareCapital 2022-11-30 07863280 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 07863280 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 07863280 uk-bus:Director1 2022-12-01 2023-11-30 07863280 uk-core:FurnitureFittings 2022-11-30 07863280 uk-core:PlantMachinery 2022-11-30 07863280 uk-core:PlantMachinery 2023-11-30 07863280 uk-core:FurnitureFittings 2023-11-30 07863280 uk-core:FurnitureFittings 2022-12-01 2023-11-30 07863280 uk-core:PlantMachinery 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure 07863280 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07863280 uk-bus:FRS102 2022-12-01 2023-11-30 07863280 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 07863280 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Fundamental Apparel Ltd
Registered Number:07863280
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2023
Fundamental Apparel Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07863280
As at 30 November 2023
Fundamental Apparel Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
950
1,188
2
950
1,188
Current assets
Trade and other receivables
32,899
27,948
3
16,158
Cash and cash equivalents
6,588
34,536
49,057
Trade and other payables: amounts falling due within one
year
(17,169)
(14,913)
4
31,888
19,623
Net current assets
Total assets less current liabilities
20,573
33,076
20,573
Net assets
33,076
Capital and reserves
Called up share capital
250,000
250,000
Retained earnings
(229,427)
(216,924)
20,573
33,076
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Myra Wasim Director
These financial statements were approved and authorised for issue by the Board on 05 August 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 November 2023
Fundamental Apparel Ltd
Notes to the Financial Statements
Statutory Information
Fundamental Apparel Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07863280.
Registered address:
19 Stanley Street
Manchester
M8 8SH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 December 2022
17,368
16,080
1,288
At 30 November 2023
1,288
16,080
17,368
Provision for depreciation and impairment
At 01 December 2022
16,180
15,002
1,178
Charge for year
238
216
22
At 30 November 2023
16,418
15,218
1,200
At 30 November 2023
Net book value
88
862
950
At 30 November 2022
110
1,078
1,188
3. Trade and other receivables
2022
2023
£
£
Trade debtors
27,900
32,821
Other debtors
48
78
32,899
27,948
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5
For the year ended 30 November 2023
Fundamental Apparel Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
548
358
Other creditors
14,365
16,811
14,913
17,169
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 3)
3 of 3