1 June 2024 false No description of principal activity Taxfiler 2024.6 12630086 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12630086 2024-05-31 12630086 2024-06-01 2025-05-31 12630086 business:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 12630086 business:FilletedAccounts 2024-06-01 2025-05-31 12630086 2025-05-31 12630086 business:Director1 2024-06-01 2025-05-31 12630086 business:Director2 2024-06-01 2025-05-31 12630086 business:RegisteredOffice 2024-06-01 2025-05-31 12630086 2024-05-31 12630086 core:WithinOneYear 2025-05-31 12630086 core:WithinOneYear 2024-05-31 12630086 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 12630086 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 12630086 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 12630086 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 12630086 core:PreviouslyStatedAmount 2025-05-31 12630086 core:PreviouslyStatedAmount 2024-05-31 12630086 business:SmallEntities 2024-06-01 2025-05-31 12630086 countries:EnglandWales 2024-06-01 2025-05-31 12630086 core:FurnitureFittings 2024-06-01 2025-05-31 12630086 core:FurnitureFittings 2024-05-31 12630086 core:FurnitureFittings 2025-05-31 12630086 core:AfterOneYear 2025-05-31 12630086 core:AfterOneYear 2024-05-31 12630086 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12630086 (England and Wales)
Theprelovedhypestore Ltd Unaudited accounts for the year ended 31 May 2025
Theprelovedhypestore Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Theprelovedhypestore Ltd Company Information for the year ended 31 May 2025
Directors
Ravi Kharel Alina Kharele
Company Number
12630086 (England and Wales)
Registered Office
174 Dominion Road Leicester Leicestershire LE3 6QD England
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Theprelovedhypestore Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,598
15,666
Current assets
Inventories
202,472
215,037
Debtors
5
22,668
10,110
Cash at bank and in hand
314
314
225,454
225,461
Creditors: amounts falling due within one year
6
(97,819)
(102,031)
Net current assets
127,635
123,430
Net assets
141,233
139,096
Capital and reserves
Called up share capital
2
2
Profit and loss account
141,231
139,094
Shareholders' funds
141,233
139,096
For the year ending 31 May 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 directors acknowledge 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 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 of Directors and authorised for issue on 7 March 2026 and were signed on its behalf by
Ravi Kharel Director Company Registration No. 12630086
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Theprelovedhypestore Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Theprelovedhypestore Ltd is a private company, limited by shares, registered in England and Wales, registration number 12630086. The registered office is 174 Dominion Road, , Leicester, Leicestershire, LE3 6QD, England.
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
20% on reducing balance basis
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 June 2024
19,459
Additions
1,323
At 31 May 2025
20,782
Depreciation
At 1 June 2024
3,793
Charge for the year
3,391
At 31 May 2025
7,184
Net book value
At 31 May 2025
13,598
At 31 May 2024
15,666
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Theprelovedhypestore Ltd Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
1,277
2,340
Accrued income and prepayments
13,666
45
14,943
2,385
Amounts falling due after more than one year
Other debtors
7,725
7,725
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
45,368
40,453
VAT
9,723
7,513
Trade creditors
12,920
6,100
Taxes and social security
6,791
19,300
Other creditors
131
1,317
Loans from directors
20,161
27,348
Accruals
2,725
-
97,819
102,031
7
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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