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Company Registration No. 10865350 (England and Wales)
GLOBAL FASHION MANCHESTER LTD Unaudited accounts for the year ended 31 July 2025
GLOBAL FASHION MANCHESTER LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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GLOBAL FASHION MANCHESTER LTD Company Information for the year ended 31 July 2025
Director
Mr Muhammad Shahid Siddique
Company Number
10865350 (England and Wales)
Registered Office
FLAT 2 5 BENNETT ROAD MANCHESTER M8 5DU UNITED KINGDOM
Accountants
MMR & CO Chartered Certified Accountant 57 Cheetham Hill Road Manchester M4 4FS
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GLOBAL FASHION MANCHESTER LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,021
5,998
Current assets
Inventories
151,486
121,000
Debtors
5
273,758
170,000
Cash at bank and in hand
166,996
69,018
592,240
360,018
Creditors: amounts falling due within one year
6
(544,974)
(315,262)
Net current assets
47,266
44,756
Total assets less current liabilities
52,287
50,754
Creditors: amounts falling due after more than one year
7
(25,154)
(31,334)
Net assets
27,133
19,420
Capital and reserves
Called up share capital
10,000
10,000
Profit and loss account
17,133
9,420
Shareholders' funds
27,133
19,420
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 November 2025 and were signed on its behalf by
Mr Muhammad Shahid Siddique Director Company Registration No. 10865350
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GLOBAL FASHION MANCHESTER LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
GLOBAL FASHION MANCHESTER LTD is a private company, limited by shares, registered in England and Wales, registration number 10865350. The registered office is FLAT 2, 5 BENNETT ROAD, MANCHESTER, M8 5DU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Fixture & fittings
Computer equipment
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
10,000
2,681
12,681
At 31 July 2025
10,000
2,681
12,681
Depreciation
At 1 August 2024
4,780
1,903
6,683
Charge for the year
194
783
977
At 31 July 2025
4,974
2,686
7,660
Net book value
At 31 July 2025
5,026
(5)
5,021
At 31 July 2024
5,220
778
5,998
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
198,758
-
Amounts falling due after more than one year
Other debtors
75,000
170,000
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GLOBAL FASHION MANCHESTER LTD Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,821
4,340
Trade creditors
445,246
230,999
Taxes and social security
85,854
78,003
Other creditors
12,053
1,920
544,974
315,262
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
25,154
31,334
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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