REGISTERED NUMBER: 03888341 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

WELL MADE CLOTHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Bhardwaj

R Spiller

SECRETARY:

A Hagfeldt

REGISTERED OFFICE:

1 Doughty Street

London

WC1N 2PH

REGISTERED NUMBER:

03888341 (England and Wales)

BANKERS:

HSBC Bank Plc

584 High Road Wembley

Middlesex

HA0 2DB

FIXED ASSETS

Intangible assets

4

-

1

Tangible assets

5

11,469

21,909

11,469

21,910

CURRENT ASSETS

Stocks

246,952

827,476

Debtors

6

1,659,667

1,795,786

Cash at bank

124,793

22,880

2,031,412

2,646,142

CREDITORS

Amounts falling due within one year

7

35,409

65,702

NET CURRENT ASSETS

1,996,003

2,580,440

TOTAL ASSETS LESS CURRENT LIABILITIES

2,007,472

2,602,350

CREDITORS

Amounts falling due after more than one year

8

879,135

1,510,350

NET ASSETS

1,128,337

1,092,000

CAPITAL AND RESERVES

Called up share capital

9

4,000

4,000

Capital redemption reserve

1,000

1,000

Retained earnings

1,123,337

1,087,000

SHAREHOLDERS' FUNDS

1,128,337

1,092,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 9th June 2026 and were signed on its behalf by:

P Bhardwaj - Director

1.	STATUTORY INFORMATION

Mantis World Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03888341 and registered office address is 1 Doughty Street, London, WC1N 2PH.

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

Turnover represents the value of sales of goods, excluding value added tax and net of discounts. Sales are recognised when risks and rewards of ownership are transferred to the buyer. This is usually when the goods are physically delivered to the customer.

Turnover also includes commission and charges payable for services rendered to an associate undertaking on an open market arms length basis. Income is recognised when services are rendered.

Intangible assets

The costs of registering trade marks, patents and licences are capitalised and amortised over the lesser of registration period and their estimated useful lives. Trade marks, patents and licences included in the balance sheet are being amortised on a straight line basis over 10 years.

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

-

33% on reducing balance and 15% on reducing balance

Stocks

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2025

46,863

Disposals

(1

)

At 31st December 2025

46,862

AMORTISATION

At 1st January 2025

and 31st December 2025

46,862

NET BOOK VALUE

At 31st December 2025

-

At 31st December 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

250,409

Disposals

(5,626

)

At 31st December 2025

244,783

DEPRECIATION

At 1st January 2025

228,500

Charge for year

4,814

At 31st December 2025

233,314

NET BOOK VALUE

At 31st December 2025

11,469

At 31st December 2024

21,909

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

196,038

60,405

Other debtors

1,296,962

1,735,381

1,493,000

1,795,786

Amounts falling due after more than one year:

Trade debtors

166,667

-

Aggregate amounts

1,659,667

1,795,786

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

22,157

36,972

Taxation and social security

6,066

9,671

Other creditors

7,186

19,059

35,409

65,702

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

879,135

1,510,350

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

4,000

Ordinary

£1

4,000

4,000

10.	RELATED PARTY DISCLOSURES

The director, Ms P Bhardwaj has given a personal guarantee to the bank to secure the banking facilities on behalf of the company. She also has provided an interest bearing loan of £1,000,000 to the company. The balance due to her at the year end was £10,000 (2024 : £680,000). The director obtained a personal loan secured by a charge over her home to provide this loan to the company.

11.	ULTIMATE CONTROLLING PARTY

The company was under the control of the majority shareholder and director, Ms Prama Bhardwaj throughout the current and previous year.