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REGISTERED NUMBER: 01381702 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: K A Patel





REGISTERED OFFICE: 9 Victoria Road
Fulwood
Preston
Lancashire
PR2 8ND





REGISTERED NUMBER: 01381702 (England and Wales)





ACCOUNTANTS: Streets Turner Limited
Chartered Accountants
9 Victoria Rd
Fulwood
Preston
Lancashire
PR2 8ND

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 480,442 480,845
480,442 480,845

CURRENT ASSETS
Stocks 260,000 288,850
Debtors 6 72,920 74,594
Cash at bank and in hand 6,981 31,039
339,901 394,483
CREDITORS
Amounts falling due within one year 7 214,129 179,259
NET CURRENT ASSETS 125,772 215,224
TOTAL ASSETS LESS CURRENT
LIABILITIES

606,214

696,069

CREDITORS
Amounts falling due after more than one
year

8

468,770

737,439
NET ASSETS/(LIABILITIES) 137,444 (41,370 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 137,344 (41,470 )
SHAREHOLDERS' FUNDS 137,444 (41,370 )

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

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

The director acknowledges his 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.

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 director and authorised for issue on 27 June 2025 and were signed by:





K A Patel - Director


SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

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


1. STATUTORY INFORMATION

Supreme Fashions Clothing (Blackburn) Limited 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Brand name are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks 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.

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Intangible fixed assets
Amortisation is not provided on brand names as the charge would be immaterial to the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 51,184
AMORTISATION
At 1 October 2023
and 30 September 2024 51,184
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 494,699 72,060 566,759
DEPRECIATION
At 1 October 2023 16,542 69,372 85,914
Charge for year - 403 403
At 30 September 2024 16,542 69,775 86,317
NET BOOK VALUE
At 30 September 2024 478,157 2,285 480,442
At 30 September 2023 478,157 2,688 480,845

SUPREME FASHIONS CLOTHING (BLACKBURN)
LIMITED (REGISTERED NUMBER: 01381702)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 37,209 37,660
Other debtors 35,711 36,934
72,920 74,594

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,784 16,067
Trade creditors - 553
Taxation and social security 46,427 47,860
Other creditors 144,918 114,779
214,129 179,259

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 156,263 185,932
Other creditors 312,507 551,507
468,770 737,439

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 106,308 101,678

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K A Patel.