ELEGANCE GALLERY COSMETICS AND GARMENTS LIMITED

ELEGANCE GALLERY COSMETICS AND GARMENTS LIMITED
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	401	601
		401	601
Current assets
Debtors	4	11,230	0
Cash at bank and in hand		1,548	1,228
		12,778	1,228
Creditors: amount falling due within one year	5	10,166	10,166
Net current assets		22,944	11,394

Total assets less current liabilities		23,345	11,995
Creditors: amount falling due after more than one year	6	(23,637)	(23,637)
Net assets		(292)	(11,642)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(392)	(11,742)
Shareholders' funds		(292)	(11,642)

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

Director's 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 director acknowledges 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 financial statements were approved by the director on 15 May 2026 and were signed by:

-------------------------------
Ghalib DAR
Director

ELEGANCE GALLERY COSMETICS AND GARMENTS LIMITED
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

ELEGANCE GALLERY COSMETICS AND GARMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12118648, registration address 263 Lea Bridge Road, London, England, E10 7NE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

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:

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

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 August 2024	1,001	1,001
Additions	-	-
Disposals	-	-
At 31 July 2025	1,001	1,001
Depreciation
At 01 August 2024	400	400
Charge for year	200	200
On disposals	-	-
At 31 July 2025	600	600
Net book values
Closing balance as at 31 July 2025	401	401
Opening balance as at 01 August 2024	601	601

Debtors: amounts falling due within one year

	2025 £		2024 £
Trade Debtors	11,230		0
	11,230		0

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	49	0
PAYE & Social Security	986	546
Other Creditors	780	780
Parent company	(11,981)	(11,492)
	(10,166)	(10,166)

Creditors: amount falling due after more than one year

	2025 £		2024 £
Directors' Loan Accounts	23,637		23,637
	23,637		23,637

Registered Number: 12118648
England and Wales
ELEGANCE GALLERY COSMETICS AND GARMENTS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 August 2024 End date: 31 July 2025