Company Registration No. 08741267 (England and Wales)
I Want More Clothing Ltd
Unaudited accounts
for the year ended 30 September 2023
I Want More Clothing Ltd
Unaudited accounts
Contents
I Want More Clothing Ltd
Company Information
for the year ended 30 September 2023
Company Number
08741267 (England and Wales)
Registered Office
12 Nursery Rise
Dunmow
CM6 1XW
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
I Want More Clothing Ltd
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
(21)
546
Creditors: amounts falling due within one year
(11,484)
(12,123)
Net current liabilities
(10,357)
(9,127)
Total assets less current liabilities
(10,218)
(8,945)
Creditors: amounts falling due after more than one year
(67,396)
(64,949)
Net liabilities
(77,614)
(73,894)
Called up share capital
1
1
Profit and loss account
(77,615)
(73,895)
Shareholders' funds
(77,614)
(73,894)
For the year ending 30 September 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 24 September 2024 and were signed on its behalf by
Richard Guy
Director
Company Registration No. 08741267
I Want More Clothing Ltd
Notes to the Accounts
for the year ended 30 September 2023
I Want More Clothing Ltd is a private company, limited by shares, registered in England and Wales, registration number 08741267. The registered office is 12 Nursery Rise, Dunmow, CM6 1XW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
190
499
689
At 30 September 2023
190
499
689
At 1 October 2022
127
380
507
Charge for the year
13
30
43
At 30 September 2023
140
410
550
At 30 September 2023
50
89
139
At 30 September 2022
63
119
182
I Want More Clothing Ltd
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
11,221
11,221
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
10,000
10,000
Loans from directors
57,396
54,949
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).