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Osh Gosh Gowns Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Hornsby Accounts Ltd
Office Suite
6a Market Place
Brigg
North Lincolnshire
DN20 8HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07609294
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,922 47,735
47,922 47,735
CURRENT ASSETS
Stocks 5 176,541 182,394
Debtors 6 9,963 2,003
Cash at bank and in hand 111,078 81,713
297,582 266,110
Creditors: Amounts Falling Due Within One Year 7 (28,959 ) (17,564 )
NET CURRENT ASSETS (LIABILITIES) 268,623 248,546
TOTAL ASSETS LESS CURRENT LIABILITIES 316,545 296,281
Creditors: Amounts Falling Due After More Than One Year 8 (110,438 ) (110,438 )
NET ASSETS 206,107 185,843
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 206,007 185,743
SHAREHOLDERS' FUNDS 206,107 185,843
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Wendy Ashton
Director
8th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Osh Gosh Gowns Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07609294 . The registered office is 32 The Rookery, Scotter, Gainsborough, Lincolnshire, DN21 3FB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold At cost
Plant & Machinery 25% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 6)
5 6
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 46,422 2,190 5,672 5,652 59,936
Additions - 303 - 499 802
As at 31 March 2025 46,422 2,493 5,672 6,151 60,738
Depreciation
As at 1 April 2024 - 2,189 5,554 4,458 12,201
Provided during the period - 76 116 423 615
As at 31 March 2025 - 2,265 5,670 4,881 12,816
Net Book Value
As at 31 March 2025 46,422 228 2 1,270 47,922
As at 1 April 2024 46,422 1 118 1,194 47,735
5. Stocks
2025 2024
£ £
Stock 176,541 182,394
6. Debtors
2025 2024
£ £
Due within one year
Other taxes and social security - 2,003
Director's loan account 9,963 -
9,963 2,003
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 11,937 6,562
Bank loans and overdrafts - 152
Corporation tax 6,545 2,029
Other taxes and social security 564 -
VAT 9,913 7,207
Director's loan account - 1,614
28,959 17,564
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account 110,438 110,438
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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