Company Registration No. 8128395 (England and Wales)
Angel Fashion Commerce Limited
Unaudited accounts
for the year ended 31 August 2024
Angel Fashion Commerce Limited
Unaudited accounts
Contents
Angel Fashion Commerce Limited
Company Information
for the year ended 31 August 2024
Directors
Shulan Zhao
Xiaodi Liang
Company Number
8128395 (England and Wales)
Registered Office
UNIT 13 FRANKLEY BUSINESS PARK
TAY ROAD
BIRMINGHAM
B45 0LD
Angel Fashion Commerce Limited
Statement of financial position
as at 31 August 2024
Tangible assets
1,164
1,370
Inventories
119,657
134,463
Cash at bank and in hand
6,864
1,775
Creditors: amounts falling due within one year
(45,382)
(43,709)
Net current assets
85,187
98,015
Total assets less current liabilities
86,351
99,385
Creditors: amounts falling due after more than one year
(64,272)
(78,409)
Called up share capital
1,000
1,000
Profit and loss account
21,079
19,976
Shareholders' funds
22,079
20,976
For the year ending 31 August 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 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 8 May 2025 and were signed on its behalf by
Xiaodi Liang
Director
Company Registration No. 8128395
Angel Fashion Commerce Limited
Notes to the Accounts
for the year ended 31 August 2024
Angel Fashion Commerce Limited is a private company, limited by shares, registered in England and Wales, registration number 8128395. The registered office is UNIT 13 FRANKLEY BUSINESS PARK, TAY ROAD, BIRMINGHAM, B45 0LD.
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.
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:
Fixtures & fittings
15% of Residual balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
549
4,177
4,726
At 31 August 2024
549
4,177
4,726
At 1 September 2023
152
3,204
3,356
Charge for the year
60
146
206
At 31 August 2024
212
3,350
3,562
At 31 August 2024
337
827
1,164
At 31 August 2023
397
973
1,370
Amounts falling due within one year
Amounts falling due after more than one year
Angel Fashion Commerce Limited
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
43,538
43,581
Taxes and social security
230
128
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
62,292
64,054
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).