Company Registration No. 12550798 (England and Wales)
Fashion Ventures Limited
Unaudited accounts
for the year ended 30 April 2024
Fashion Ventures Limited
Unaudited accounts
Contents
Fashion Ventures Limited
Company Information
for the year ended 30 April 2024
Company Number
12550798 (England and Wales)
Registered Office
189C MAULDETH ROAD
MANCHESTER
M19 1BA
ENGLAND
Accountants
Enso Accountants Ltd
189c Mauldeth Road
Manchester
M191BA
Fashion Ventures Limited
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
22,111
20,510
Creditors: amounts falling due within one year
(211,151)
(215,382)
Net current liabilities
(143,270)
(77,878)
Net liabilities
(143,270)
(77,878)
Called up share capital
1
1
Profit and loss account
(143,271)
(77,879)
Shareholders' funds
(143,270)
(77,878)
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. 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 20 January 2025 and were signed on its behalf by
Mark Evans
Director
Company Registration No. 12550798
Fashion Ventures Limited
Notes to the Accounts
for the year ended 30 April 2024
Fashion Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 12550798. The registered office is 189C MAULDETH ROAD, MANCHESTER, M19 1BA, 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 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.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
Amounts falling due within one year
Fashion Ventures Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
3,086
-
Taxes and social security
8,241
-
Loans from directors
95,900
68,344
6
Average number of employees
During the year the average number of employees was 5 (2023: 5).