Company Registration No. 03096927 (England and Wales)
Putu Clothing Company Limited
Unaudited accounts
for the year ended 31 August 2025
Putu Clothing Company Limited
Unaudited accounts
Contents
Putu Clothing Company Limited
Company Information
for the year ended 31 August 2025
Company Number
03096927 (England and Wales)
Registered Office
17 St Mildreds Rd
Guildford
GU1 1TX
Accountants
Westerly Accountancy Ltd
24 Orchard Road
Wrafton
Braunton
EX33 2DZ
Putu Clothing Company Limited
Statement of financial position
as at 31 August 2025
Tangible assets
84,380
74,384
Inventories
206,109
279,500
Cash at bank and in hand
388,688
267,137
Creditors: amounts falling due within one year
(148,565)
(135,680)
Net current assets
531,563
561,321
Total assets less current liabilities
615,943
635,705
Provisions for liabilities
Deferred tax
(3,420)
(3,420)
Net assets
612,523
632,285
Called up share capital
100
100
Profit and loss account
612,423
632,185
Shareholders' funds
612,523
632,285
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 29 May 2026 and were signed on its behalf by
Simon Baldwin
Director
Company Registration No. 03096927
Putu Clothing Company Limited
Notes to the Accounts
for the year ended 31 August 2025
Putu Clothing Company Limited is a private company, limited by shares, registered in England and Wales, registration number 03096927. The registered office is 17 St Mildreds Rd, Guildford, GU1 1TX.
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.
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion. Cost is determined using the first-in, first-out method.
Putu Clothing Company Limited
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2024
113,672
133,153
246,825
At 31 August 2025
151,169
133,153
284,322
At 1 September 2024
48,665
123,776
172,441
Charge for the year
25,626
1,875
27,501
At 31 August 2025
74,291
125,651
199,942
At 31 August 2025
76,878
7,502
84,380
At 31 August 2024
65,007
9,377
74,384
Amounts falling due within one year
Trade debtors
51,331
25,358
Accrued income and prepayments
34,000
115,435
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
34,333
40,637
Taxes and social security
20,588
3,774
Other creditors
35,101
18,776
Loans from directors
6,960
6,223
7
Transactions with related parties
Included within Other Creditors are loans due to a company in which the director is a participator of £16,276 (2024: £18,776)
8
Average number of employees
During the year the average number of employees was 11 (2024: 12).