Company Registration No. 07351828 (England and Wales)
THEATRE OF FASHION LTD
Unaudited accounts
for the year ended 31 August 2024
THEATRE OF FASHION LTD
Unaudited accounts
Contents
THEATRE OF FASHION LTD
Company Information
for the year ended 31 August 2024
Directors
Nick Timothy Vidal-Hall
Sophie Samantha Vidal-Hall
Secretary
Nick Timothy Vidal-Hall
Company Number
07351828 (England and Wales)
Registered Office
52 York Place
Newport
Wales
NP20 4GD
United Kingdom
THEATRE OF FASHION LTD
Statement of financial position
as at 31 August 2024
Tangible assets
2,241
2,888
Cash at bank and in hand
(1,371)
(1,514)
Creditors: amounts falling due within one year
(24,560)
(10,876)
Net current liabilities
(23,881)
(10,140)
Total assets less current liabilities
(21,640)
(7,252)
Creditors: amounts falling due after more than one year
(12,825)
(15,860)
Provisions for liabilities
Net liabilities
(35,264)
(23,911)
Called up share capital
40
40
Profit and loss account
(35,304)
(23,951)
Shareholders' funds
(35,264)
(23,911)
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 20 May 2025 and were signed on its behalf by
Nick Timothy Vidal-Hall
Director
Company Registration No. 07351828
THEATRE OF FASHION LTD
Notes to the Accounts
for the year ended 31 August 2024
THEATRE OF FASHION LTD is a private company, limited by shares, registered in England and Wales, registration number 07351828. The registered office is 52 York Place, Newport, Wales, NP20 4GD, United Kingdom.
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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
4,240
2,882
1,017
8,139
At 31 August 2024
4,240
2,882
1,017
8,139
At 1 September 2023
2,513
2,130
608
5,251
Charge for the year
432
113
102
647
At 31 August 2024
2,945
2,243
710
5,898
At 31 August 2024
1,295
639
307
2,241
At 31 August 2023
1,727
752
409
2,888
THEATRE OF FASHION LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
2,484
5,919
Loans from directors
21,442
4,307
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
6,463
8,703
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).