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REGISTERED NUMBER: 07054300 (England and Wales)














Report of the Director and

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Georgia Hardinge Limited

Georgia Hardinge Limited (Registered number: 07054300)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Report of the Director 2

Statement of Financial Position 3

Notes to the Financial Statements 5

Chartered Accountants' Report 8

Georgia Hardinge Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Miss G Hardinge





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 07054300 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Georgia Hardinge Limited (Registered number: 07054300)

Report of the Director
for the Year Ended 31 October 2024

The director presents her report with the financial statements of the company for the year ended 31 October 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of retail sale of clothing in specialized stores.

DIRECTOR
The year ended 31 October 2024 marks a significant milestone for Georgia Hardinge Limited, as we have
recorded a substantial profit for the first time in our history. With an EBITDA of £258,783 and a net
profit of £225,636, this result underscores the success of our strategic growth initiatives and the strong
demand for our brand.

This positive financial outcome is not only a reflection of our recent expansion but also a strong indicator
of the company’s sustainable future. Our turnover has grown to £1,075,950, more than doubling in just
two years, demonstrating the increasing strength of our market presence.

It is important to highlight that the long-term loans disclosed in the balance sheet represent financial
support from the founder and other individuals closely connected to the business. This backing has
provided the foundation for our growth, and we remain committed to responsible financial management
as we continue to scale.

Looking ahead, we remain confident in our ability to build upon this success, further expanding our
product offering and market reach while maintaining financial discipline.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Miss G Hardinge - Director


4 February 2025

Georgia Hardinge Limited (Registered number: 07054300)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,775 2,367
Tangible assets 5 1,748 2,245
3,523 4,612

CURRENT ASSETS
Stocks 374,510 139,337
Debtors 6 55,165 3,960
Cash at bank 52,212 21,769
481,887 165,066
CREDITORS
Amounts falling due within one year 7 (169,092 ) (181,493 )
NET CURRENT ASSETS/(LIABILITIES) 312,795 (16,427 )
TOTAL ASSETS LESS CURRENT LIABILITIES 316,318 (11,815 )

CREDITORS
Amounts falling due after more than one
year

8

(1,387,283

)

(1,284,786

)
NET LIABILITIES (1,070,965 ) (1,296,601 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,070,966 ) (1,296,602 )
SHAREHOLDERS' FUNDS (1,070,965 ) (1,296,601 )

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

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

The director acknowledges her 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.

Georgia Hardinge Limited (Registered number: 07054300)

Statement of Financial Position - continued
31 October 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 director and authorised for issue on 4 February 2025 and were signed by:





Miss G Hardinge - Director


Georgia Hardinge Limited (Registered number: 07054300)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Georgia Hardinge 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Georgia Hardinge Limited (Registered number: 07054300)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The company has significant accumulated losses and is dependent on continued financial support by its director. The director has considered the next twelve months after the date of approval of these financial statements and believes the company is a going concern. The director has undertaken to support the company for the next twelve months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 November 2023
and 31 October 2024 5,918
AMORTISATION
At 1 November 2023 3,551
Amortisation for year 592
At 31 October 2024 4,143
NET BOOK VALUE
At 31 October 2024 1,775
At 31 October 2023 2,367

Georgia Hardinge Limited (Registered number: 07054300)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 4,828 4,090 6,866 15,784
DEPRECIATION
At 1 November 2023 4,570 3,705 5,264 13,539
Charge for year 39 58 400 497
At 31 October 2024 4,609 3,763 5,664 14,036
NET BOOK VALUE
At 31 October 2024 219 327 1,202 1,748
At 31 October 2023 258 385 1,602 2,245

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 55,165 3,960

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 37,735 35,709
Taxation and social security 10,030 3,830
Other creditors 121,327 141,954
169,092 181,493

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Other creditors 1,387,283 1,284,786

9. RELATED PARTY DISCLOSURES

The director Miss G Hardinge is considered to be key management personnel.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Georgia Hardinge Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Georgia Hardinge Limited for the year ended 31 October 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Georgia Hardinge Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Georgia Hardinge Limited and state those matters that we have agreed to state to the director of Georgia Hardinge Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Georgia Hardinge Limited and its director for our work or for this report.

It is your duty to ensure that Georgia Hardinge Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Georgia Hardinge Limited. You consider that Georgia Hardinge Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Georgia Hardinge Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................