Company Registration No. 14205287 (England and Wales)
Moda Camden Ltd
Unaudited accounts
for the period from 1 July 2024 to 31 January 2025
Moda Camden Ltd
Unaudited accounts
Contents
Moda Camden Ltd
Company Information
for the period from 1 July 2024 to 31 January 2025
Company Number
14205287 (England and Wales)
Registered Office
Unit M154 Water Lane
Hawley Wharf
London
NW1 8JZ
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Moda Camden Ltd
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
379
1,667
Creditors: amounts falling due within one year
(16,012)
(9,238)
Net current liabilities
(15,633)
(1,121)
Net liabilities
(15,633)
(785)
Called up share capital
100
100
Profit and loss account
(15,733)
(885)
Shareholders' funds
(15,633)
(785)
For the period ending 31 January 2025 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 director acknowledges his 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 and authorised for issue on 10 March 2025 and were signed on its behalf by
Mr Y Yazar
Director
Company Registration No. 14205287
Moda Camden Ltd
Notes to the Accounts
for the period from 1 July 2024 to 31 January 2025
Moda Camden Ltd is a private company, limited by shares, registered in England and Wales, registration number 14205287. The registered office is Unit M154 Water Lane, Hawley Wharf, London, NW1 8JZ, 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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Fixtures & fittings
18% - reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
As explained in note 3 (Reporting period) to the financial statements, the company has ceased trading on 31 January 2025 and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company's assets down to net realisable value. Provisions have also been made in respect of contracts which have become onerous at the reporting date. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.
The company has ceased trade as of 31 January 2025. Thus, the reporting period is from 1 July 2024 to 31 January 2025.
Moda Camden Ltd
Notes to the Accounts
for the period from 1 July 2024 to 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
(56)
2
Other creditors
14,880
8,486
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Transactions with related parties
Included within other creditors is an amount of £14,880 (2024: £8,486) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).