Company Registration No. 08872198 (England and Wales)
MADEWEAR LIMITED
Unaudited accounts
for the year ended 31 August 2025
MADEWEAR LIMITED
Unaudited accounts
Contents
MADEWEAR LIMITED
Company Information
for the year ended 31 August 2025
Company Number
08872198 (England and Wales)
Registered Office
The Goldsmiths' Centre
42 Britton Street
London
EC1M 5AD
United Kingdom
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
MADEWEAR LIMITED
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
95
17
Creditors: amounts falling due within one year
(39,715)
(33,028)
Net current liabilities
(39,620)
(33,011)
Net liabilities
(39,620)
(33,011)
Called up share capital
1,000
1,000
Profit and loss account
(40,620)
(34,011)
Shareholders' funds
(39,620)
(33,011)
For the year ending 31 August 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 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 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 and authorised for issue on 22 May 2026 and were signed on its behalf by
Olalere Fagbulu
Director
Company Registration No. 08872198
MADEWEAR LIMITED
Notes to the Accounts
for the year ended 31 August 2025
MADEWEAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08872198. The registered office is The Goldsmiths' Centre, 42 Britton Street, London, EC1M 5AD, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
18
1,799
Other creditors
10,564
16,494
Loans from directors
28,733
14,335
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).