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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
Page
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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
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MANCHESTER HOSIERY LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,000 
- 
Current assets
Inventories
102,420 
108,450 
Cash at bank and in hand
17,697 
21,739 
120,117 
130,189 
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)
Net assets
34,223 
32,847 
Capital and reserves
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
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MANCHESTER HOSIERY LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 March 2023
- 
Additions
45,000 
At 29 February 2024
45,000 
Depreciation
At 29 February 2024
- 
Net book value
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 
Other creditors
13,197 
- 
Accruals
2,639 
912 
64,614 
58,512 
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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 
£ 
£ 
Bank loans
33,283 
38,830 
Other creditors
32,997 
- 
66,280 
38,830 
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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