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REGISTERED NUMBER: 01915865 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

MOONLIGHT TEXTILES LIMITED

MOONLIGHT TEXTILES LIMITED (REGISTERED NUMBER: 01915865)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MOONLIGHT TEXTILES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr R A Smith
Mr P R Smith





SECRETARY:





REGISTERED OFFICE: 76-88 Abbeydale Road
Sheffield
South Yorkshire
S7 1FF





REGISTERED NUMBER: 01915865 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

MOONLIGHT TEXTILES LIMITED (REGISTERED NUMBER: 01915865)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 178,968 168,381

CURRENT ASSETS
Inventories 36,805 42,601
Debtors 5 17,089 23,042
Cash at bank and in hand 295,483 285,783
349,377 351,426
CREDITORS
Amounts falling due within one year 6 (237,658 ) (250,516 )
NET CURRENT ASSETS 111,719 100,910
TOTAL ASSETS LESS CURRENT LIABILITIES 290,687 269,291

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 290,587 269,191
SHAREHOLDERS' FUNDS 290,687 269,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

MOONLIGHT TEXTILES LIMITED (REGISTERED NUMBER: 01915865)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:





Mr P R Smith - Director


MOONLIGHT TEXTILES LIMITED (REGISTERED NUMBER: 01915865)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Moonlight Textiles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 16 ) .

MOONLIGHT TEXTILES LIMITED (REGISTERED NUMBER: 01915865)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 177,250 118,871 296,121
Additions - 22,407 22,407
Disposals - (15,596 ) (15,596 )
At 31 January 2024 177,250 125,682 302,932
DEPRECIATION
At 1 February 2023 36,493 91,247 127,740
Charge for year - 8,698 8,698
Eliminated on disposal - (12,474 ) (12,474 )
At 31 January 2024 36,493 87,471 123,964
NET BOOK VALUE
At 31 January 2024 140,757 38,211 178,968
At 31 January 2023 140,757 27,624 168,381

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,089 23,042

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,794 29,075
Taxation and social security 43,720 39,207
Other creditors 170,144 182,234
237,658 250,516

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Oridinary £1.00 100 100