REGISTERED NUMBER: 14123644 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2026

FOR

SLOW LOVE KNITWEAR LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

H Von Bock

REGISTERED OFFICE:

Unit 1 Stirling Works

Love Lane

Cirencester

Gloucestershire

GL7 1YG

REGISTERED NUMBER:

14123644 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

4th Floor

St James House

St James Square

Cheltenham

England

GL50 3PR

FIXED ASSETS

Property, plant and equipment

4

3,299

25,675

CURRENT ASSETS

Inventories

264,452

105,380

Debtors

5

156,819

26,966

Cash at bank

6,176

49,327

427,447

181,673

CREDITORS

Amounts falling due within one year

6

262,850

139,953

NET CURRENT ASSETS

164,597

41,720

TOTAL ASSETS LESS CURRENT LIABILITIES

167,896

67,395

CREDITORS

Amounts falling due after more than one year

7

(5,512

)

(23,908

)

PROVISIONS FOR LIABILITIES

(824

)

(409

)

NET ASSETS

161,560

43,078

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

161,460

42,978

SHAREHOLDERS' FUNDS

161,560

43,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2026 and were signed by:

H Von Bock - Director

1.	STATUTORY INFORMATION

Slow Love Knitwear Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

33.33% on cost

Motor vehicles

-

25% on reducing balance

Office equipment

-

33.33% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 June 2025

8,408

35,410

3,839

47,657

Additions

2,072

-

133

2,205

Disposals

-

(35,410

)

-

(35,410

)

At 31 May 2026

10,480

-

3,972

14,452

Depreciation

At 1 June 2025

5,625

13,832

2,525

21,982

Charge for year

2,267

3,877

736

6,880

Eliminated on disposal

-

(17,709

)

-

(17,709

)

At 31 May 2026

7,892

-

3,261

11,153

Net book value

At 31 May 2026

2,588

-

711

3,299

At 31 May 2025

2,783

21,578

1,314

25,675

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 June 2025

35,410

Disposals

(35,410

)

At 31 May 2026

-

Depreciation

At 1 June 2025

13,832

Charge for year

3,877

Eliminated on disposal

(17,709

)

At 31 May 2026

-

Net book value

At 31 May 2026

-

At 31 May 2025

21,578

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

123,403

1,968

Other debtors

33,416

24,998

156,819

26,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

92,537

21,843

Hire purchase contracts

-

29,941

Trade creditors

15,028

10,862

Taxation and social security

134,656

71,344

Other creditors

20,629

5,963

262,850

139,953

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

5,512

23,908

8.	RELATED PARTY DISCLOSURES