1 May 2023 v2025.9.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC4740682023-05-012024-04-30SC4740682024-04-30SC4740682023-04-30SC474068core:WithinOneYear2024-04-30SC474068core:WithinOneYear2023-04-30SC474068core:AfterOneYear2024-04-30SC474068core:AfterOneYear2023-04-30SC474068core:ShareCapital2024-04-30SC474068core:ShareCapital2023-04-30SC474068core:RetainedEarningsAccumulatedLosses2024-04-30SC474068core:RetainedEarningsAccumulatedLosses2023-04-30SC474068bus:Director12023-05-012024-04-30SC474068bus:RegisteredOffice2023-05-012024-04-30SC474068core:FurnitureFittingsToolsEquipment2023-05-012024-04-30SC4740682022-05-012023-04-30SC474068core:PlantMachinery2023-05-01SC474068core:PlantMachinery2023-05-012024-04-30SC474068core:PlantMachinery2024-04-30SC474068core:PlantMachinery2023-04-30SC47406812023-05-012024-04-30SC474068countries:Scotland2023-05-012024-04-30SC474068bus:AuditExemptWithAccountantsReport2023-05-012024-04-30SC474068bus:PrivateLimitedCompanyLtd2023-05-012024-04-30SC474068bus:SmallEntities2023-05-012024-04-30SC474068bus:FullAccounts2023-05-012024-04-30
Company registration number:
SC474068
STYLE CITY LTD
Unaudited Filleted Financial Statements for the year ended
30 April 2024
STYLE CITY LTD
Statement of Financial Position
30 April 2024
20242023
Note££
Fixed assets    
Tangible assets 5
1,700
 
760
 
Current assets    
Stocks
1,051
 
865
 
Debtors 6
12,221
 
26,875
 
Cash at bank and in hand
3,513
 
3,282
 
16,785
 
31,022
 
Creditors: amounts falling due within one year 7
(18,794
)
(19,084
)
Net current (liabilities)/assets
(2,009
)
11,938
 
Total assets less current liabilities (309 ) 12,698  
Creditors: amounts falling due after more than one year 8
(10,905
)
(9,905
)
Net (liabilities)/assets
(11,214
)
2,793
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(11,215
)
2,792
 
Shareholders (deficit)/funds
(11,214
)
2,793
 
For the year ending
30 April 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
31 January 2025
, and are signed on behalf of the board by:
Ozturk Dinler
Director
Company registration number:
SC474068
STYLE CITY LTD
Notes to the Financial Statements
Year ended
30 April 2024

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
4 Lynedoch Place
,
Glasgow
,
G3 6AB
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services supplied, net of discounts and Value Added Tax.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment
15% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was
7
(2023:
6.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2023
25,014
 
Additions
2,000
 
At
30 April 2024
27,014
 
Depreciation  
At
1 May 2023
24,254
 
Charge
1,060
 
At
30 April 2024
25,314
 
Carrying amount  
At
30 April 2024
1,700
 
At 30 April 2023
760
 

6 Debtors

20242023
££
Other debtors
12,221
 
26,875
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
4,000
 
4,000
 
Taxation and social security
3,299
 
2,089
 
Other creditors
11,495
 
12,995
 
18,794
 
19,084
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
5,905
 
9,905
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
5,000
  -  
10,905
 
9,905