TNM FASHION LTD - Accounts

TNM FASHION LTD
Statement of Financial Position
As at 31 March 2025

	Notes	31/03/2025 £	31/03/2024 £
Fixed assets
Intangible fixed assets	4	340	-
Tangible fixed assets	5	4,435	5,116
		4,775	5,116
Current assets
Stocks		326,703	400,873
Debtors		112,264	26,123
Cash at bank and in hand		5,192	4,850
		444,159	431,846
Creditors: amount falling due within one year		(183,498)	(161,311)
Net current assets		260,661	270,535

Total assets less current liabilities		265,436	275,651
Creditors: amount falling due after more than one year		(205,016)	(235,870)
Accruals and deferred income		(32,681)	-
Net assets		27,739	39,781

Capital and reserves
Called up share capital	6	300	300
Other Comprehensive Income	7	(9,111)	-
Profit and loss account		36,550	39,481
Shareholders' funds		27,739	39,781

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 29 December 2025 and were signed on its behalf by:

-------------------------------
Tanvir Alam
Director

TNM FASHION LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

TNM FASHION LTD is a private company, limited by shares, registered in England and Wales, registration number 11251608, registration address UNIT 6 BANKSIDE PARK INDUSTRIAL ESTATE, 28 THAMES ROAD, BARKING, IG11 0HZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

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

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

The company has ongoing foreign currency obligations with its supplier, which are denominated in USD. As the supplier relationship is continuous, any outstanding balances in USD are revalued at each period-end using the prevailing exchange rate. The resulting foreign exchange gains or losses are recognised as unrealised gains or losses in the balance sheet, until the amounts are settled, at which point they are recognised as realised in the profit and loss.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s 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

Trade Mark
Trademarks are recognised as intangible fixed assets at cost, being the purchase price and any directly attributable costs incurred to secure the legal rights to the trademarks, including registration and professional fees.

The directors consider that the trademarks have an indefinite useful economic life, as there is no foreseeable limit to the period over which the trademarks are expected to generate economic benefits for the company. Accordingly, the trademarks are not amortised.

The carrying value of the trademarks is reviewed annually for impairment, and whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Any impairment loss is recognised immediately in profit or loss.

Expenditure on internally generated brands, including design, marketing, promotional activities, market research and product development, is expensed as incurred and is not capitalized as an intangible asset.

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:

Plant and Machinery	20% Reducing Balance
Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% 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 including the cost of importing such as excise and duty.

2.	Average number of employees Average number of employees during the year was 4 (2024 : 4).

Financial Commitments, Guarantees and Contingencies

At the balance sheet date, the company had commitments under non-cancellable operating leases in respect of a warehouse as follows:

Within one year: £50,000

Between one and five years: £50,000

The lease has a contractual break clause exercisable at the end of the third year (2026).

Intangible fixed assets

Cost	Trade Mark	Total
	£	£
At 01 April 2024	-	-
Additions	340	340
Disposals	-	-
At 31 March 2025	340	340
Amortisation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
At 31 March 2025	340	340
At 31 March 2024	-	-

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	724	4,083	2,308	7,115
Additions	100	188	138	426
Disposals	-	-	-	-
At 31 March 2025	824	4,271	2,446	7,541
Depreciation
At 01 April 2024	145	817	1,037	1,999
Charge for year	136	690	281	1,107
On disposals	-	-	-	-
At 31 March 2025	281	1,507	1,318	3,106
Net book values
Closing balance as at 31 March 2025	543	2,764	1,128	4,435
Opening balance as at 01 April 2024	579	3,266	1,271	5,116

Share Capital

Allotted, called up and fully paid	31/03/2025 £		31/03/2024 £
300 Class A shares of £1.00 each	300		300
	300		300

Other Comprehensive Income

	31/03/2025 £		31/03/2024 £
Unrealized Gains or losses	(9,111)		-
	(9,111)		-

Registered Number: 11251608
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
TNM FASHION LTD