Company Registration No. 14622043 (England and Wales)
Aise Sportswear Ltd
Unaudited accounts
for the period from 27 January 2023 to 31 January 2024
Aise Sportswear Ltd
Unaudited accounts
Contents
Aise Sportswear Ltd
Company Information
for the period from 27 January 2023 to 31 January 2024
Director
Brandon Archibald
Company Number
14622043 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
Accountants
GF Accountancy Services Ltd
4 Rowanhill Way
Port Seton
East Lothian
EH32 0SZ
Aise Sportswear Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
6,863
Creditors: amounts falling due within one year
(876)
Total assets less current liabilities
26,621
Creditors: amounts falling due after more than one year
(40,568)
Profit and loss account
(13,948)
Shareholders' funds
(13,947)
For the period ending 31 January 2024 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 23 October 2024 and were signed on its behalf by
Brandon Archibald
Director
Company Registration No. 14622043
Aise Sportswear Ltd
Notes to the Accounts
for the period from 27 January 2023 to 31 January 2024
Aise Sportswear Ltd is a private company, limited by shares, registered in England and Wales, registration number 14622043. The registered office is 20-22 Wenlock Road, London, N1 7GU.
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 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.
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:
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Total
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
(54,963)
(14,395)
(40,568)
-
(54,963)
(14,395)
(40,568)
Aise Sportswear Ltd
Notes to the Accounts
for the period from 27 January 2023 to 31 January 2024
6
Transactions with related parties
The company was under the control of Mr Brandon Archibald throughout the current period. Mr B Archibald is the managing director and sole shareholder.
During the year various amounts were advanced to the company to Mr B Archibald and various amounts were repaid to him by the company.
At the balance sheet date the company was due a total amount of £40,568 to Mr B Archibald and this amount is included in creditors over one year. No interest was charged in respect of this loan and there is no fixed date for repayment.
7
Average number of employees
During the period the average number of employees was 0.