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
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
Fabb Fashion Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
47,862
49,050
Cash at bank and in hand
32,915
44,057
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)
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
Fabb Fashion Ltd
Notes to the Accounts
for the year ended 31 October 2024
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.
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
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
At 31 October 2024
15,295
45,878
1,718
9,882
72,773
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
At 31 October 2024
220
44,312
463
2,867
47,862
At 31 October 2023
502
45,076
463
3,009
49,050
Fabb Fashion Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,811
36,040
Loans from directors
68,084
-
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).