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Company Registration No. 08740502 (England and Wales)
Fabb Fashion Ltd Unaudited accounts for the year ended 31 October 2024
Fabb Fashion Ltd Unaudited accounts Contents
Page
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Fabb Fashion Ltd Company Information for the year ended 31 October 2024
Directors
Rasa Jankiene Dainius Jankus
Company Number
08740502 (England and Wales)
Registered Office
19 Youngs Close Coddington Newark NG24 2TJ
Accountants
Gray Accounting & Business Solutions 11 Henton Close Coddington Newark Nottinghamshire Ng24 2TE
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Fabb Fashion Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,862 
49,050 
Current assets
Inventories
44,176 
49,700 
Debtors
1,378 
1,013 
Cash at bank and in hand
32,915 
44,057 
78,469 
94,770 
Creditors: amounts falling due within one year
(19,820)
(31,211)
Net current assets
58,649 
63,559 
Total assets less current liabilities
106,511 
112,609 
Creditors: amounts falling due after more than one year
(101,137)
(60,116)
Net assets
5,374 
52,493 
Capital and reserves
Called up share capital
140 
140 
Profit and loss account
5,234 
52,353 
Shareholders' funds
5,374 
52,493 
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 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 10 June 2025 and were signed on its behalf by
Rasa Jankiene Director Company Registration No. 08740502
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Fabb Fashion Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Fabb Fashion Ltd is a private company, limited by shares, registered in England and Wales, registration number 08740502. The registered office is 19 Youngs Close , Coddington , Newark, NG24 2TJ.
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:
Plant & machinery
3 years
Motor vehicles
3 years
Fixtures & fittings
3 years
Computer equipment
3 years
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
15,295 
45,878 
1,718 
9,774 
72,665 
Additions
- 
- 
- 
108 
108 
At 31 October 2024
15,295 
45,878 
1,718 
9,882 
72,773 
Depreciation
At 1 November 2023
14,793 
802 
1,255 
6,765 
23,615 
Charge for the year
282 
764 
- 
250 
1,296 
At 31 October 2024
15,075 
1,566 
1,255 
7,015 
24,911 
Net book value
At 31 October 2024
220 
44,312 
463 
2,867 
47,862 
At 31 October 2023
502 
45,076 
463 
3,009 
49,050 
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Fabb Fashion Ltd Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,378 
699 
Other debtors
- 
314 
1,378 
1,013 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,315 
- 
Obligations under finance leases and hire purchase contracts
6,995 
- 
Trade creditors
3,063 
3,001 
Taxes and social security
48 
83 
Other creditors
2,399 
2,121 
Loans from directors
- 
26,006 
19,820 
31,211 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,242 
24,076 
Obligations under finance leases and hire purchase contracts
23,811 
36,040 
Loans from directors
68,084 
- 
101,137 
60,116 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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