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REGISTERED NUMBER: 12304948 (England and Wales)















CLOTH HOUSE ONLINE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024






CLOTH HOUSE ONLINE LTD (REGISTERED NUMBER: 12304948)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLOTH HOUSE ONLINE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: Mr P J Collins
Mrs N M Harley
Mr J Harley





REGISTERED OFFICE: 130 Royal College Street
Camden Town
London
NW1 0TA





REGISTERED NUMBER: 12304948 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

CLOTH HOUSE ONLINE LTD (REGISTERED NUMBER: 12304948)

BALANCE SHEET
30 NOVEMBER 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 5,170 5,207

CURRENT ASSETS
Inventories 110,480 102,560
Debtors 5 15,563 10,896
Cash at bank and in hand 52,481 64,981
178,524 178,437
CREDITORS
Amounts falling due within one year 6 (72,427 ) (87,087 )
NET CURRENT ASSETS 106,097 91,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,267

96,557

PROVISIONS FOR LIABILITIES (982 ) (990 )
NET ASSETS 110,285 95,567

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 109,985 95,267
SHAREHOLDERS' FUNDS 110,285 95,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CLOTH HOUSE ONLINE LTD (REGISTERED NUMBER: 12304948)

BALANCE SHEET - continued
30 NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:





Mr J Harley - Director


CLOTH HOUSE ONLINE LTD (REGISTERED NUMBER: 12304948)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024


1. STATUTORY INFORMATION

Cloth House Online Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

CLOTH HOUSE ONLINE LTD (REGISTERED NUMBER: 12304948)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 December 2023 8,086 11,372 19,458
Additions 685 3,430 4,115
At 30 November 2024 8,771 14,802 23,573
DEPRECIATION
At 1 December 2023 7,366 6,885 14,251
Charge for year 893 3,259 4,152
At 30 November 2024 8,259 10,144 18,403
NET BOOK VALUE
At 30 November 2024 512 4,658 5,170
At 30 November 2023 720 4,487 5,207

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 926 1,172
Other debtors 14,637 9,724
15,563 10,896

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 9,333 5,638
Taxation and social security 34,502 40,357
Other creditors 28,592 41,092
72,427 87,087

7. ULTIMATE CONTROLLING PARTY

There is no overall controlling party.