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REGISTERED NUMBER: 04972584 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Reignwear Limited

Reignwear Limited (Registered number: 04972584)

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


Reignwear Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Ms S F D De Santos
Mr D Brennan





REGISTERED OFFICE: 42 Charles Street
Oxford
Oxfordshire
OX4 3AS





REGISTERED NUMBER: 04972584 (England and Wales)






Reignwear Limited (Registered number: 04972584)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,834 14,820

CURRENT ASSETS
Stocks 135,680 103,260
Debtors 5 62,184 67,547
Cash at bank and in hand 94,513 180,917
292,377 351,724
CREDITORS
Amounts falling due within one year 6 130,748 117,989
NET CURRENT ASSETS 161,629 233,735
TOTAL ASSETS LESS CURRENT LIABILITIES 173,463 248,555

CREDITORS
Amounts falling due after more than one
year

7

14,061

19,099
NET ASSETS 159,402 229,456

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 159,400 229,454
SHAREHOLDERS' FUNDS 159,402 229,456

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.

Reignwear Limited (Registered number: 04972584)

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 29 August 2025 and were signed on its behalf by:





Mr D Brennan - Director


Reignwear Limited (Registered number: 04972584)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Reignwear 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Lease and improvements - 20% on cost and 10% on cost
Fixtures fittings & equipment - 25% 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.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 19 ) .

Reignwear Limited (Registered number: 04972584)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Lease and fittings
improvements & equipment Totals
£    £    £   
COST
At 1 December 2023 20,829 67,160 87,989
Additions - 242 242
At 30 November 2024 20,829 67,402 88,231
DEPRECIATION
At 1 December 2023 16,534 56,635 73,169
Charge for year 537 2,691 3,228
At 30 November 2024 17,071 59,326 76,397
NET BOOK VALUE
At 30 November 2024 3,758 8,076 11,834
At 30 November 2023 4,295 10,525 14,820

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,405 3,769
Other debtors 59,779 63,778
62,184 67,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 44,470 -
Taxation and social security 40,155 75,652
Other creditors 46,123 42,337
130,748 117,989

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 14,061 19,099