Stylewise Direct Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09245537

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,647		11,224

			9,647		11,224
CURRENT ASSETS
Stocks	5	174,320		201,227
Debtors	6	10,563		11,975
Cash at bank and in hand		112,652		149,561

		297,535		362,763
Creditors: Amounts Falling Due Within One Year	7	(95,052 )		(119,182 )

NET CURRENT ASSETS (LIABILITIES)			202,483		243,581

TOTAL ASSETS LESS CURRENT LIABILITIES			212,130		254,805

Creditors: Amounts Falling Due After More Than One Year	8		(8,360 )		(5,772 )

NET ASSETS			203,770		249,033

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			203,769		249,032

SHAREHOLDERS' FUNDS			203,770		249,033

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Stylewise Direct Ltd

Balance Sheet (continued)

As At 31 July 2025

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 member has 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.

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

Mr Ankit Puri

Director

28/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Stylewise Direct Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09245537 . The registered office is Unit 2 30 Broughton Street, Manchester, M8 8NN.

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:

Plant & Machinery	18% - reducing balance method
Fixtures & Fittings	18% - reducing balance method
Computer Equipment	18% - reducing balance method

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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Stylewise Direct Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2024	3,325	11,980	11,410	26,715
Additions	-	540	-	540

As at 31 July 2025	3,325	12,520	11,410	27,255

Depreciation
As at 1 August 2024	1,492	6,467	7,532	15,491
Provided during the period	330	1,089	698	2,117

As at 31 July 2025	1,822	7,556	8,230	17,608

Net Book Value
As at 31 July 2025	1,503	4,964	3,180	9,647

As at 1 August 2024	1,833	5,513	3,878	11,224

5. Stocks

	2025	2024
	£	£
Stock	174,320	201,227

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,722	3,722
Other debtors	6,841	8,253

	10,563	11,975

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Stylewise Direct Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	40,349	66,517
Other creditors	35,303	36,606
Taxation and social security	19,400	16,059

	95,052	119,182

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	8,360	5,772

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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