Company Registration No. SC655914 (Scotland)
The Perfect Fit Childrenswear Limited
Unaudited accounts
for the year ended 31 March 2025
The Perfect Fit Childrenswear Limited
Unaudited accounts
Contents
The Perfect Fit Childrenswear Limited
Company Information
for the year ended 31 March 2025
Directors
Kerrie Guiney
Martin Guiney
Company Number
SC655914 (Scotland)
Registered Office
24 PLUMERKNOWE GARDENS
CARDRONA
PEEBLES
EH45 9LH
SCOTLAND
Accountants
ADD Accounting Solutions Limited
12 Loaning Crescent
Peebles
Borders
EH459JR
The Perfect Fit Childrenswear Limited
Statement of financial position
as at 31 March 2025
Intangible assets
5,927
7,112
Inventories
115,381
104,197
Cash at bank and in hand
15,951
11,479
Creditors: amounts falling due within one year
(75,141)
(75,541)
Net current assets
56,191
40,972
Profit and loss account
62,118
48,084
Shareholders' funds
62,118
48,084
For the year ending 31 March 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 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 23 April 2025 and were signed on its behalf by
Kerrie Guiney
Director
Company Registration No. SC655914
The Perfect Fit Childrenswear Limited
Notes to the Accounts
for the year ended 31 March 2025
The Perfect Fit Childrenswear Limited is a private company, limited by shares, registered in Scotland, registration number SC655914. The registered office is 24 PLUMERKNOWE GARDENS, CARDRONA, PEEBLES, EH45 9LH, SCOTLAND.
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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 year, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
Goodwill, being the amount paid in connection with the purchase of the business in April 2020, is being amortised evenly across its estimated useful life of ten years.
Amounts falling due within one year
The Perfect Fit Childrenswear Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
39,797
37,053
Trade creditors
23,215
26,345
Taxes and social security
5,425
1,169
Proposed dividends
-
1,000
Loans from directors
6,283
9,595
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Average number of employees
During the year the average number of employees was 3 (2024: 4).