Company No:
Contents
DIRECTOR | E Pomerance |
REGISTERED OFFICE | Treviot House |
186-192 High Road | |
Ilford | |
IG1 1LR | |
United Kingdom |
COMPANY NUMBER | 07908402 (England and Wales) |
ACCOUNTANT | Gravita Essex Limited |
Treviot House | |
186-192 High Road | |
Ilford | |
Essex | |
IG1 1LR | |
United Kingdom |
Note | 2025 | 2024 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
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7,039 | 6,958 | |||
Current assets | ||||
Stocks | 4 |
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Debtors | 5 |
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Cash at bank and in hand |
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2,162,888 | 1,407,472 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current assets | 1,205,957 | 908,068 | ||
Total assets less current liabilities | 1,212,996 | 915,026 | ||
Creditors: amounts falling due after more than one year | 7 |
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Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholders' funds |
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Director's responsibilities:
The financial statements of Pomerance Boutique Limited (registered number:
E Pomerance
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Pomerance Boutique Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Leasehold improvements |
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Fixtures and fittings |
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Computer equipment |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Leasehold improve- ments |
Fixtures and fittings | Computer equipment | Total | ||||
£ | £ | £ | £ | ||||
Cost | |||||||
At 01 February 2024 |
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Additions |
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At 31 January 2025 |
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Accumulated depreciation | |||||||
At 01 February 2024 |
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Charge for the financial year |
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At 31 January 2025 |
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Net book value | |||||||
At 31 January 2025 |
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At 31 January 2024 |
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£ | £ | ||
Stocks (secured) |
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£ | £ | ||
Trade debtors |
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Amounts owed by related parties |
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Other debtors |
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£ | £ | ||
Bank loans |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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£ | £ | ||
Bank loans |
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Other financial commitments
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£ | £ | ||
Total future minimum lease payments under non-cancellable operating lease |
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Transactions with the entity's director
2025 | 2024 | ||
£ | £ | ||
Advances or credits given | 159,184 | 162,610 | |
Repayments received | (188,812) | (113,978) |
At the year end the balance owing to the company was £27,309 (2024: £56,651). Interest is charged on loans at the official rate set by HMRC. The loan to the directors are repayable on demand.