REGISTERED NUMBER: 07337215 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

POSH TOTTY DESIGNS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms A A Rivers-Cripps

REGISTERED OFFICE:

Unit E Level 7

New England House

New England Street

Brighton

East Sussex

BN1 4GH

REGISTERED NUMBER:

07337215 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Intangible assets

4

28,515

21,848

Tangible assets

5

68,377

64,295

96,892

86,143

CURRENT ASSETS

Stocks

210,321

197,985

Debtors

6

1,008,504

1,117,769

Cash at bank and in hand

158,757

265,518

1,377,582

1,581,272

CREDITORS

Amounts falling due within one year

7

(319,286

)

(470,932

)

NET CURRENT ASSETS

1,058,296

1,110,340

TOTAL ASSETS LESS CURRENT LIABILITIES

1,155,188

1,196,483

PROVISIONS FOR LIABILITIES

(17,095

)

(16,074

)

NET ASSETS

1,138,093

1,180,409

CAPITAL AND RESERVES

Called up share capital

8

2,500

2,500

Retained earnings

1,135,593

1,177,909

SHAREHOLDERS' FUNDS

1,138,093

1,180,409

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2025 and were signed by:

Ms A A Rivers-Cripps - Director

1.	STATUTORY INFORMATION

Posh Totty Designs 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

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.

Computer software is being amortised evenly over its 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.

Long leasehold

-

over term of lease

Improvements to property

-

15% on reducing balance

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 April 2024

20,000

116,349

136,349

Additions

-

28,453

28,453

At 31 March 2025

20,000

144,802

164,802

AMORTISATION

At 1 April 2024

20,000

94,501

114,501

Amortisation for year

-

21,786

21,786

At 31 March 2025

20,000

116,287

136,287

NET BOOK VALUE

At 31 March 2025

-

28,515

28,515

At 31 March 2024

-

21,848

21,848

5.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 April 2024

33,485

6,597

91,215

Additions

8,836

-

329

At 31 March 2025

42,321

6,597

91,544

DEPRECIATION

At 1 April 2024

33,485

4,799

80,106

Charge for year

608

269

2,853

At 31 March 2025

34,093

5,068

82,959

NET BOOK VALUE

At 31 March 2025

8,228

1,529

8,585

At 31 March 2024

-

1,798

11,109

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

17,386

59,280

114,024

321,987

Additions

9,332

-

2,982

21,479

At 31 March 2025

26,718

59,280

117,006

343,466

DEPRECIATION

At 1 April 2024

11,517

14,820

112,965

257,692

Charge for year

1,185

11,115

1,367

17,397

At 31 March 2025

12,702

25,935

114,332

275,089

NET BOOK VALUE

At 31 March 2025

14,016

33,345

2,674

68,377

At 31 March 2024

5,869

44,460

1,059

64,295

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

60,467

58,144

Other debtors

948,037

1,059,625

1,008,504

1,117,769

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

188,156

102,065

Taxation and social security

81,286

342,526

Other creditors

49,844

26,341

319,286

470,932

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2,500

Ordinary

£1

2,500

2,500

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms A A Rivers-Cripps.