SFASHION LTD - Accounts

SFASHION LTD
Contents Page
For the year ended 30 November 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

SFASHION LTD
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	261,765	333,765
Tangible fixed assets	4	10,585	12,152
		272,350	345,917
Current assets
Stocks		340,418	485,225
Debtors		412,629	232,211
Cash at bank and in hand		147	17,063
		753,194	734,499
Creditors: amount falling due within one year		(521,955)	(185,483)
Net current assets		231,239	549,016

Total assets less current liabilities		503,589	894,933
Creditors: amount falling due after more than one year		(786,605)	(964,431)
Provisions for liabilities		(1,120)	(452)
Net assets		(284,136)	(69,950)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(284,236)	(70,050)
Shareholders' funds		(284,136)	(69,950)

For the year ended 30 November 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 31 August 2026 and were signed by:

-------------------------------
Jiaojiao GENG
Director

1

SFASHION LTD
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

SFASHION LTD is a private company, limited by shares, registered in England and Wales, registration number 11660606, registration address 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Licences and patents
Licences and patents are stated at cost less amortisation. Amortisation of licences is calculated on a straight line basis over the life of the licence. Amortisation of patents is calculated on a straight line basis over the estimated expected useful economic life of the patents of 10 years.

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:

Plant and Machinery	5 Straight Line
Fixtures and Fittings	5 Reducing Balance
Computer Equipment	5 Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 4).

3.

Intangible fixed assets

Cost	Research and Development	Patents	Total
	£	£	£
At 01 December 2024	-	477,765	477,765
Additions	-	-	-
Disposals	-	-	-
At 30 November 2025	-	477,765	477,765
Amortisation
At 01 December 2024	144,000	-	144,000
Charge for year	72,000	-	72,000
On disposals	-	-	-
At 30 November 2025	216,000	-	216,000
Net book values
At 30 November 2025	(216,000)	477,765	261,765
At 30 November 2024	(144,000)	477,765	333,765

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 December 2024	413	1,030	24,721	26,164
Additions	-	-	4,038	4,038
Disposals	-	-	-	-
At 30 November 2025	413	1,030	28,759	30,202
Depreciation
At 01 December 2024	165	206	13,641	14,012
Charge for year	83	206	5,316	5,605
On disposals	-	-	-	-
At 30 November 2025	248	412	18,957	19,617
Net book values
Closing balance as at 30 November 2025	165	618	9,802	10,585
Opening balance as at 01 December 2024	248	824	11,080	12,152

2

Registered Number: 11660606
England and Wales
SFASHION LTD

Micro Company Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025