REGISTERED NUMBER: 04820739 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2024 TO 31 JULY 2025

FOR

ELIZABETH ROSE FASHIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M E Busby

Mrs H E Pritchard

SECRETARY:

Mr M E Busby

REGISTERED OFFICE:

Tollgate House

67 High Street

Tenterden

Kent

TN30 6BD

REGISTERED NUMBER:

04820739 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Intangible assets

4

-

154,500

Tangible assets

5

-

28,119

-

182,619

CURRENT ASSETS

Stocks

-

113,890

Debtors

6

441,143

308,043

Cash at bank

218,225

409,634

659,368

831,567

CREDITORS

Amounts falling due within one year

7

44,596

117,110

NET CURRENT ASSETS

614,772

714,457

TOTAL ASSETS LESS CURRENT LIABILITIES

614,772

897,076

PROVISIONS FOR LIABILITIES

-

6,345

NET ASSETS

614,772

890,731

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

612,772

888,731

614,772

890,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2025 and were signed on its behalf by:

Mr M E Busby - Director

1.	STATUTORY INFORMATION

Elizabeth Rose Fashions 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.

Going concern

The company ceased to trade on 31 July 2025 and, subsequent to the period end, the directors have taken action to have the company wound up.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods provided in the

normal course of business, and is shown net of VAT. The fair value of consideration takes into account trade discounts.

Revenue from the sale of goods is recognised when the goods are collected by, or despatched to, customers.

Intangible fixed assets - goodwill

Intangible assets represent the cost of acquiring goodwill and customer relationships and are being amortised

over a period of 20 years. In the opinion of the directors, this period represents a reliable estimate of the

useful life of goodwill based on the long established business name and the length of typical customer

relationships. Intangible assets are also reviewed for impairment in any period in which events or changes in

circumstances indicate that the carrying value may not be fully recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to

the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities

Basic financial liabilities, including trade creditors are recognised at transaction price.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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.

Leasing and hire purchase commitments

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is

more representative of the time pattern in which economic benefits from the leases asset are consumed.

Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the

dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in

foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising

on translation in the period are included in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 February 2024

and 31 July 2025

515,000

Amortisation

At 1 February 2024

360,500

Charge for period

154,500

At 31 July 2025

515,000

Net book value

At 31 July 2025

-

At 31 January 2024

154,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 February 2024

94,134

Additions

2,933

Disposals

(97,067

)

At 31 July 2025

-

Depreciation

At 1 February 2024

66,015

Charge for period

11,353

Eliminated on disposal

(77,368

)

At 31 July 2025

-

Net book value

At 31 July 2025

-

At 31 January 2024

28,119

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

-

1,431

Other debtors

386,936

263,918

386,936

265,349

Amounts falling due after more than one year:

Other debtors

54,207

42,694

Aggregate amounts

441,143

308,043

Other debtors includes an amount of £383,677 (2024 - £263,918) due from the directors.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,518

45,248

Taxation and social security

37,321

61,625

Other creditors

4,757

10,237

44,596

117,110

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period, the company made advances totalling £153,633 (2024 - £96,836) to a director. The advances were repayable on demand and attract interest at HMRC approved rates. Repayments totalling £75,374 (2024 - £72,418) were made in respect of these advances and brought forward balances.

During the period, the company made advances totalling £97,337 (2024 - £59,595) to a director. The advances were repayable on demand and attract interest at HMRC approved rates. Repayments totalling £55,837 (2024 - £49,901) were made in respect of these advances and brought forward balances.

The company occupies a property owned by the directors and the rent payable under the lease during the

period amounted to £1 (2024 - £1).