IGNACIO CLOTHING LTD

Company Registration Number:
14082603 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

IGNACIO CLOTHING LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

IGNACIO CLOTHING LTD

Company Information

for the Period Ended 31 May 2024




Director: Josh John Philip Quinn
Michael James Owen woods
Registered office: 39
Elgar Road
Liverpool
Merseyside
GBR
L14 4BE
Company Registration Number: 14082603 (England and Wales)

IGNACIO CLOTHING LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Clothing design and selling items online and via pop shops

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Additional information

Company Insurance via Direct Line

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Josh John Philip Quinn
Michael James Owen woods

This report was approved by the board of directors on 14 October 2024
And Signed On Behalf Of The Board By:

Name: Michael James Owen woods
Status: Director

IGNACIO CLOTHING LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£
13 months to
31 May 2023
£
Turnover 1,566 765
Cost of sales ( 1,153 ) ( 384 )
Gross Profit or (Loss) 413 381
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 518 ) ( 400 )
Other operating income 0 0
Operating Profit or (Loss) ( 105 ) ( 19 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 105 ) ( 19 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 105 ) ( 19 )

The notes form part of these financial statements

IGNACIO CLOTHING LTD

Balance sheet

As at 31 May 2024


Notes

2024
£
13 months to
31 May 2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 5,154 6,412
Total current assets: 5,154 6,412
Prepayments and accrued income: 0 0
Net current assets (liabilities): 5,154 6,412
Total assets less current liabilities: 5,154 6,412
Provision for liabilities: ( 5,277 ) ( 6,430 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 123 ) ( 18 )

The notes form part of these financial statements

IGNACIO CLOTHING LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£
13 months to
31 May 2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 124 ) ( 19 )
Shareholders funds: ( 123 ) ( 18 )

For the year ending 31 May 2024 the company was entitled to exemption 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 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.

This report was approved by the board of directors on 14 October 2024
And Signed On Behalf Of The Board By:

Name: Michael James Owen woods
Status: Director

The notes form part of these financial statements

IGNACIO CLOTHING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IGNACIO CLOTHING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024
    13 months to
    31 May 2023
    Average number of employees during the period 0 0

IGNACIO CLOTHING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No