G. S. COSTUME LIMITED


Director	SNELL, Grace


Registered Address	1 Petham Cottages
	Chelsfield Lane
	Orpington
	BR5 4PY


Registered Number	14142098 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,415		1,921
			1,415		1,921
Current assets
Debtors	4	19,172		163
Cash at bank and on hand		2,778		31,863
		21,950		32,026
Creditors amounts falling due within one year	5	(22,947)		(29,344)
Net current assets (liabilities)			(997)		2,682
Total assets less current liabilities			418		4,603
Net assets			418		4,603
Capital and reserves
Called up share capital			100		100
Profit and loss account			318		4,503
Shareholders' funds			418		4,603

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 8 January 2026, and are signed on its behalf by:

SNELL, Grace
Director
Registered Company No. 14142098

G. S. COSTUME LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 June 24	2,722	2,722
At 31 May 25	2,722	2,722
Depreciation and impairment
At 01 June 24	801	801
Charge for year	506	506
At 31 May 25	1,307	1,307
Net book value
At 31 May 25	1,415	1,415
At 31 May 24	1,921	1,921

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	6,472	163
Prepayments and accrued income	12,700	-
Total	19,172	163

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	17,185	29,344
Accrued liabilities and deferred income	5,762	-
Total	22,947	29,344