1 August 2023 false No description of principal activity Taxfiler 2024.6 08593392business:PrivateLimitedCompanyLtd2023-08-012024-07-31 085933922023-07-31 085933922023-08-012024-07-31 08593392business:AuditExemptWithAccountantsReport2023-08-012024-07-31 08593392business:FilletedAccounts2023-08-012024-07-31 085933922024-07-31 085933922023-07-31 08593392core:WithinOneYear2024-07-31 08593392core:WithinOneYear2023-07-31 08593392core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 08593392core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 08593392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 08593392core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08593392core:PreviouslyStatedAmount2024-07-31 08593392core:PreviouslyStatedAmount2023-07-31 08593392business:SmallEntities2023-08-012024-07-31 08593392business:Director12023-08-012024-07-31 08593392countries:EnglandWales2023-08-012024-07-31 08593392business:RegisteredOffice2023-08-012024-07-31 08593392core:PlantMachinery2023-08-012024-07-31 08593392core:ComputerEquipment2023-08-012024-07-31 08593392core:PlantMachinery2023-07-31 08593392core:ComputerEquipment2023-07-31 08593392core:PlantMachinery2024-07-31 08593392core:ComputerEquipment2024-07-31 08593392core:AfterOneYear2024-07-31 08593392core:AfterOneYear2023-07-31 085933922022-08-012023-07-31 iso4217:GBP xbrli:pure
FASHTAG CLOTHING LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,722 
3,319 
Current assets
Debtors
254 
4 
Creditors: amounts falling due within one year
(9,546)
(10,377)
Net current liabilities
(9,292)
(10,373)
Net liabilities
(6,570)
(7,054)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(6,574)
(7,058)
Shareholders' funds
(6,570)
(7,054)
For the year ending 31 July 2024 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 29 April 2025 and were signed on its behalf by
Wayne McLeary Director Company Registration No. 08593392
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FASHTAG CLOTHING LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
FASHTAG CLOTHING LTD is a private company, limited by shares, registered in England and Wales, registration number 08593392. The registered office is PECKHAM LEVELS MULTI STOREY CAR PARK UNI, CERISE ROAD, LONDON, SE15 5HQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
Reducing Balance 18%
Computer equipment
Reducing Balance 18%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
4,620 
1,400 
6,020 
At 31 July 2024
4,620 
1,400 
6,020 
Depreciation
At 1 August 2023
2,073 
628 
2,701 
Charge for the year
458 
139 
597 
At 31 July 2024
2,531 
767 
3,298 
Net book value
At 31 July 2024
2,089 
633 
2,722 
At 31 July 2023
2,547 
772 
3,319 
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FASHTAG CLOTHING LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
250 
- 
Amounts falling due after more than one year
Other debtors
4 
4 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
867 
489 
Loans from directors
8,366 
9,575 
Accruals
313 
313 
9,546 
10,377 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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