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REGISTERED NUMBER: 11772804 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

1905 GROUP LIMITED

1905 GROUP LIMITED (REGISTERED NUMBER: 11772804)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


1905 GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: N Nyfoudis





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: 11772804 (England and Wales)





ACCOUNTANTS: EA
Chartered Accountants
869 High Road
London
N12 8QA

1905 GROUP LIMITED (REGISTERED NUMBER: 11772804)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,464 5,664

CURRENT ASSETS
Stocks 13,200 1,103
Debtors 5 194,702 226,041
Cash at bank and in hand 780 11,389
208,682 238,533
CREDITORS
Amounts falling due within one year 6 370,514 290,260
NET CURRENT LIABILITIES (161,832 ) (51,727 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(157,368

)

(46,063

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (157,468 ) (46,163 )
SHAREHOLDERS' FUNDS (157,368 ) (46,063 )

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

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

The director acknowledges his 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.

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 21 March 2025 and were signed by:





N Nyfoudis - Director


1905 GROUP LIMITED (REGISTERED NUMBER: 11772804)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

1905 Group 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.

The financial statements have been prepared on a going concern basis as the director is satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

Preparation of consolidated financial statements
The financial statements contain information about 1905 Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Computer equipment - 25% straight line method

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

1905 GROUP LIMITED (REGISTERED NUMBER: 11772804)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2023 6,797 755 7,552
Additions 349 - 349
At 31 January 2024 7,146 755 7,901
DEPRECIATION
At 1 February 2023 1,699 189 1,888
Charge for year 1,361 188 1,549
At 31 January 2024 3,060 377 3,437
NET BOOK VALUE
At 31 January 2024 4,086 378 4,464
At 31 January 2023 5,098 566 5,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,575 612
Amounts owed by group undertakings 172,801 211,307
Amounts owed by participating interests 20,326 14,122
194,702 226,041

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 61,508 13,226
Amounts owed to participating interests - 3,332
Taxation and social security 88,545 8,717
Other creditors 220,461 264,985
370,514 290,260

1905 GROUP LIMITED (REGISTERED NUMBER: 11772804)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. RELATED PARTY DISCLOSURES

Included in debtors. amounts falling due within one year is an interest free amount of £172,801 (2023: £211,307) due from 1905 Assets Ltd, a company related by the mutual director N Nyfoudis.

Included in debtors, amounts falling due within one year is an interest free amount of £3,449 (2023: £ 13,672) due from The Life Goddess Kingly Court Limited, a company related by the mutual director N Nyfoudis.

Included in debtors, amounts falling due within one year is an interest free amount of £340 (2023:£450) due from The Life Goddess Store Street Limited, a company related by the mutual director N Nyfoudis.

Included in debtors, amounts falling due within one year is an interest free amount of £1,171 due from The Life Goddess Group Limited, a company related by the mutual director N Nyfoudis.

Included in debtors, amounts falling due within one year is an interest free amount of £2,375 due from The Life Goddess Group Investments Limited, a company related by the mutual director N Nyfoudis.

Included in debtors, amounts falling due within one year is an interest free amount of £12,991 due from The Life Goddess Holdings Limited, a company related by the mutual director N Nyfoudis.

Included in creditors, amounts falling due within one year is an interest free amount of £Nil (2023: £3,332) due to The Life Goddess Holdings Limited, a company related by the mutual director N Nyfoudis.

Included in creditors, amounts falling due within one year is an interest free amount of £50,000 (2023: £50,000) due to A Arampatzis, a shareholder of the company.

Included in creditors, amounts falling due within one year is an interest free amount of £85,157 (2023: £109,809) due to N Nyfoudis, the director and a shareholder of the company.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Nyfoudis.