IRIS Accounts Production v24.1.0.578 09183035 Board of Directors 1.9.22 31.8.23 31.8.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091830352022-08-31091830352023-08-31091830352022-09-012023-08-31091830352021-08-31091830352021-09-012022-08-31091830352022-08-3109183035ns15:EnglandWales2022-09-012023-08-3109183035ns14:PoundSterling2022-09-012023-08-3109183035ns10:Director12022-09-012023-08-3109183035ns10:PrivateLimitedCompanyLtd2022-09-012023-08-3109183035ns10:SmallEntities2022-09-012023-08-3109183035ns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3109183035ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3109183035ns10:SmallCompaniesRegimeForAccounts2022-09-012023-08-3109183035ns10:FullAccounts2022-09-012023-08-3109183035ns10:Director22022-09-012023-08-3109183035ns10:Director32022-09-012023-08-3109183035ns10:Director42022-09-012023-08-3109183035ns10:CompanySecretary12022-09-012023-08-3109183035ns10:RegisteredOffice2022-09-012023-08-3109183035ns5:CurrentFinancialInstruments2023-08-3109183035ns5:CurrentFinancialInstruments2022-08-3109183035ns5:Non-currentFinancialInstruments2023-08-3109183035ns5:Non-currentFinancialInstruments2022-08-3109183035ns5:ShareCapital2023-08-3109183035ns5:ShareCapital2022-08-3109183035ns5:RetainedEarningsAccumulatedLosses2023-08-3109183035ns5:RetainedEarningsAccumulatedLosses2022-08-3109183035ns5:PlantMachinery2022-09-012023-08-3109183035ns5:FurnitureFittings2022-09-012023-08-3109183035ns5:PlantMachinery2022-08-3109183035ns5:FurnitureFittings2022-08-3109183035ns5:MotorVehicles2022-08-3109183035ns5:MotorVehicles2022-09-012023-08-3109183035ns5:PlantMachinery2023-08-3109183035ns5:FurnitureFittings2023-08-3109183035ns5:MotorVehicles2023-08-3109183035ns5:PlantMachinery2022-08-3109183035ns5:FurnitureFittings2022-08-3109183035ns5:MotorVehicles2022-08-3109183035ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3109183035ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: 09183035 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

BLUE VANILLA CLOTHING LIMITED

BLUE VANILLA CLOTHING LIMITED (REGISTERED NUMBER: 09183035)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLUE VANILLA CLOTHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: S S Chawla
Mrs R K Chawla
D S Chawla
A S Chawla





SECRETARY:





REGISTERED OFFICE: 195/199 Commercial Road
London
E1 2BT





REGISTERED NUMBER: 09183035 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

BLUE VANILLA CLOTHING LIMITED (REGISTERED NUMBER: 09183035)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,913 39,740

CURRENT ASSETS
Stocks 544,682 406,377
Debtors 5 417,601 408,551
Cash at bank and in hand 799,372 959,732
1,761,655 1,774,660
CREDITORS
Amounts falling due within one year 6 2,790,798 2,400,194
NET CURRENT LIABILITIES (1,029,143 ) (625,534 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(995,230

)

(585,794

)

CREDITORS
Amounts falling due after more than one
year

7

1,468,085

1,468,085
NET LIABILITIES (2,463,315 ) (2,053,879 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (2,463,415 ) (2,053,979 )
SHAREHOLDERS' FUNDS (2,463,315 ) (2,053,879 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

BLUE VANILLA CLOTHING LIMITED (REGISTERED NUMBER: 09183035)

BALANCE SHEET - continued
31 AUGUST 2023


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 15 November 2024 and were signed on its behalf by:





S S Chawla - Director


BLUE VANILLA CLOTHING LIMITED (REGISTERED NUMBER: 09183035)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

BLUE VANILLA CLOTHING 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
Turnover 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 11 (2022 - 7 ) .

BLUE VANILLA CLOTHING LIMITED (REGISTERED NUMBER: 09183035)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 September 2022
and 31 August 2023 2,000 3,066 62,000 67,066
DEPRECIATION
At 1 September 2022 1,733 2,231 23,362 27,326
Charge for year 67 125 5,635 5,827
At 31 August 2023 1,800 2,356 28,997 33,153
NET BOOK VALUE
At 31 August 2023 200 710 33,003 33,913
At 31 August 2022 267 835 38,638 39,740

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 408,546
VAT 1,813 -
Prepayments and accrued income 415,788 5
417,601 408,551

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,709,971 2,186,481
Social security and other taxes 5,314 569
VAT - 37,493
Other creditors 15,156 3,499
Accruals and deferred income 60,357 172,152
2,790,798 2,400,194

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to participating interests 1,468,085 1,468,085

8. RELATED PARTY DISCLOSURES

During the year to 31 August 2022, the company made sales to Nova of London Ltd, a company under common ownership, of £86,166 and made purchases of £1,730,729.