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Company Registration No. 11624840 (England and Wales)
Wardrobe City Ltd Unaudited accounts for the year ended 31 October 2024
Wardrobe City Ltd Unaudited accounts Contents
Page
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Wardrobe City Ltd Company Information for the year ended 31 October 2024
Director
Jorawar Singh
Company Number
11624840 (England and Wales)
Registered Office
Wardrobe City Ltd Unit 9 Trading Estate, Pasadena Close Hayes Middlesex UB3 3NQ England
Accountants
ABMO Consultancy 37 Taplow Road Taplow South Bucks SL6 0JN
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Wardrobe City Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
292,581 
258,984 
Current assets
Inventories
321,194 
229,038 
Debtors
145,179 
84,365 
Cash at bank and in hand
- 
2,881 
466,373 
316,284 
Creditors: amounts falling due within one year
(618,831)
(526,308)
Net current liabilities
(152,458)
(210,024)
Total assets less current liabilities
140,123 
48,960 
Creditors: amounts falling due after more than one year
(174,093)
(147,240)
Provisions for liabilities
Deferred tax
(61,527)
(53,513)
Net liabilities
(95,497)
(151,793)
Capital and reserves
Called up share capital
(10)
(10)
Profit and loss account
(95,487)
(151,783)
Shareholders' funds
(95,497)
(151,793)
For the year ending 31 October 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 22 May 2025 and were signed on its behalf by
Jorawar Singh Director Company Registration No. 11624840
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Wardrobe City Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Wardrobe City Ltd is a private company, limited by shares, registered in England and Wales, registration number 11624840. The registered office is Wardrobe City Ltd, Unit 9, Trading Estate, Pasadena Close, Hayes, Middlesex, UB3 3NQ, 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:
Motor vehicles
10%
Computer equipment
20%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The financial statements have been prepared using the going concern basis of accounting. The Directors further confirm that the company has adequate resources to continue in operational existence for the foreseeable future.
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Wardrobe City Ltd Notes to the Accounts for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2023
126,000 
169,015 
30,463 
3,023 
328,501 
Additions
- 
100,000 
- 
- 
100,000 
Disposals
- 
(47,500)
- 
- 
(47,500)
At 31 October 2024
126,000 
221,515 
30,463 
3,023 
381,001 
Depreciation
At 1 November 2023
25,200 
36,410 
6,092 
1,815 
69,517 
Charge for the year
12,600 
25,502 
3,046 
605 
41,753 
On disposals
- 
(22,850)
- 
- 
(22,850)
At 31 October 2024
37,800 
39,062 
9,138 
2,420 
88,420 
Net book value
At 31 October 2024
88,200 
182,453 
21,325 
603 
292,581 
At 31 October 2023
100,800 
132,605 
24,371 
1,208 
258,984 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
66,385 
5,571 
Other debtors
78,794 
78,794 
145,179 
84,365 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
34,063 
38,746 
Trade creditors
78,682 
84,213 
Taxes and social security
13,263 
3,169 
Other creditors
62,625 
15,000 
Loans from directors
430,198 
384,180 
Accruals
- 
1,000 
618,831 
526,308 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
174,093 
147,240 
8
Average number of employees
During the year the average number of employees was 20 (2023: 21).
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