REGISTERED NUMBER: 01634160 (England and Wales)

THE CLOTH SHOP LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S A Harley

Mrs S J Harley

Mr H J Harley

SECRETARY:

Mrs S J Harley

REGISTERED OFFICE:

c/o Andreas Kounnis Limited

8-9 Jubilee Parade

Snakes Lane East

Woodford Green

London

IG8 7QG

REGISTERED NUMBER:

01634160 (England and Wales)

ACCOUNTANTS:

Andreas Kounnis Limited

Chartered Certified Accountants

8-9 Jubilee Parade

Snakes Lane East

Woodford Green

London

IG8 7QG

FIXED ASSETS

Property, plant and equipment

4

817,295

158,980

CURRENT ASSETS

Inventories

99,275

96,980

Debtors

5

14,424

11,428

Cash at bank and in hand

323,620

421,197

437,319

529,605

CREDITORS

Amounts falling due within one year

6

(418,459

)

(228,037

)

NET CURRENT ASSETS

18,860

301,568

TOTAL ASSETS LESS CURRENT LIABILITIES

836,155

460,548

CREDITORS

Amounts falling due after more than one year

7

(346,708

)

-

PROVISIONS FOR LIABILITIES

(1,671

)

(1,349

)

NET ASSETS

487,776

459,199

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

487,676

459,099

SHAREHOLDERS' FUNDS

487,776

459,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

Mr H J Harley - Director

1.	STATUTORY INFORMATION

The Cloth Shop 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 receivable, for the retail & wholesale distribution of goods, 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.

Plant and machinery etc

-

25% on reducing balance and 3% 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 Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 8 (2024 - 8 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Freehold

to

Plant and

property

property

machinery

Totals

£

£

£

£

COST

At 1 December 2024

-

164,782

46,111

210,893

Additions

660,533

15,100

4,924

680,557

At 30 November 2025

660,533

179,882

51,035

891,450

DEPRECIATION

At 1 December 2024

-

11,199

40,714

51,913

Charge for year

13,211

5,396

3,635

22,242

At 30 November 2025

13,211

16,595

44,349

74,155

NET BOOK VALUE

At 30 November 2025

647,322

163,287

6,686

817,295

At 30 November 2024

-

153,583

5,397

158,980

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Other debtors

14,424

11,428

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

6,547

-

Trade creditors

102,769

32,467

Taxation and social security

119,036

117,323

Other creditors

190,107

78,247

418,459

228,037

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

346,708

-

8.	ULTIMATE CONTROLLING PARTY

There is no overall control of the company by any one person.