INDIGO LEATHER WORKS LTD

INDIGO LEATHER WORKS LTD
Statement of Financial Position
As at 30 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	7,396	9,020
		7,396	9,020
Current assets
Stocks	4	7,905	350
Debtors	5	500	0
Cash at bank and in hand		23,005	17,086
		31,410	17,436
Creditors: amount falling due within one year	6	(53,453)	(40,133)
Net current assets		(22,043)	(22,697)

Total assets less current liabilities		(14,647)	(13,677)
Net assets		(14,647)	(13,677)

Capital and reserves
Called up share capital		1	1
Profit and loss account		(14,648)	(13,678)
Shareholders' funds		(14,647)	(13,677)

For the year ended 30 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 29 September 2025 and were signed by:

-------------------------------
NURUN NESSA MIAH
Director

INDIGO LEATHER WORKS LTD
Notes to the Financial Statements
For the year ended 30 December 2024

General Information

INDIGO LEATHER WORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 12862240, registration address UNIT 9, THORNHAM GROVE LONDON, E15 1DN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognized in the statement of income, except to the extent that it relates to items recognized in other comprehensive income or directly in capital and reserves. The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

18% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 1 (2023 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 31 December 2023	11,000	11,000
Additions	-	-
Disposals	-	-
At 30 December 2024	11,000	11,000
Depreciation
At 31 December 2023	1,980	1,980
Charge for year	1,624	1,624
On disposals	-	-
At 30 December 2024	3,604	3,604
Net book values
Closing balance as at 30 December 2024	7,396	7,396
Opening balance as at 31 December 2023	9,020	9,020

Stocks

	2024 £		2023 £
Stocks	7,905		350
	7,905		350

Debtors: amounts falling due within one year

	2024 £		2023 £
Other Debtors	500		0
	500		0

Creditors: amount falling due within one year

	2024 £	2023 £
PAYE & Social Security	994	994
Accrued Expenses	52,459	39,139
	53,453	40,133

Registered Number: 12862240
England and Wales
INDIGO LEATHER WORKS LTD

Unaudited Financial Statements

Period of accounts Start date: 31 December 2023 End date: 30 December 2024