Company Registration No. 12443446 (England and Wales)
MANCHESTER HOSIERY LIMITED
Unaudited accounts
for the year ended 29 February 2024
MANCHESTER HOSIERY LIMITED
Unaudited accounts
Contents
MANCHESTER HOSIERY LIMITED
Company Information
for the year ended 29 February 2024
Directors
Mohammad Afzal
Sajid Fazal
Company Number
12443446 (England and Wales)
Registered Office
UNIT 10/11 59 DERBY STREET
MANCHESTER
M8 8HW
ENGLAND
MANCHESTER HOSIERY LIMITED
Statement of financial position
as at 29 February 2024
Inventories
102,420
108,450
Cash at bank and in hand
17,697
21,739
Creditors: amounts falling due within one year
(64,614)
(58,512)
Net current assets
55,503
71,677
Total assets less current liabilities
100,503
71,677
Creditors: amounts falling due after more than one year
(66,280)
(38,830)
Called up share capital
200
200
Profit and loss account
34,023
32,647
Shareholders' funds
34,223
32,847
For the year ending 29 February 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 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 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 of Directors and authorised for issue on 24 November 2029 and were signed on its behalf by
Mohammad Afzal
Director
Company Registration No. 12443446
MANCHESTER HOSIERY LIMITED
Notes to the Accounts
for the year ended 29 February 2024
MANCHESTER HOSIERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12443446. The registered office is UNIT 10/11 59 DERBY STREET, MANCHESTER, M8 8HW, ENGLAND.
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.
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:
4
Tangible fixed assets
Motor vehicles
At 29 February 2024
45,000
At 29 February 2024
45,000
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,547
5,335
Trade creditors
40,230
49,283
Taxes and social security
3,001
2,982
MANCHESTER HOSIERY LIMITED
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).