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Company Registration No. SC630284 (Scotland)
What New York Wears Ltd Unaudited accounts for the year ended 31 May 2025
What New York Wears Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
What New York Wears Ltd Company Information for the year ended 31 May 2025
Director
Jenifer Linda Panchal
Company Number
SC630284 (Scotland)
Registered Office
249 Govan Road Glasgow G51 1HJ Scotland
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What New York Wears Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,037 
1,296 
Current assets
Inventories
16,799 
17,619 
Cash at bank and in hand
14,244 
18,268 
31,043 
35,887 
Creditors: amounts falling due within one year
5
(14,675)
(18,912)
Net current assets
16,368 
16,975 
Net assets
17,405 
18,271 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
17,403 
18,269 
Shareholders' funds
17,405 
18,271 
For the year ending 31 May 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 her 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 6 October 2026 and were signed on its behalf by
Jenifer Linda Panchal Director Company Registration No. SC630284
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What New York Wears Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
What New York Wears Ltd is a private company, limited by shares, registered in Scotland, registration number SC630284. The registered office is 249, Govan Road, Glasgow, G51 1HJ, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2024
3,501 
At 31 May 2025
3,501 
Depreciation
At 1 June 2024
2,205 
Charge for the year
259 
At 31 May 2025
2,464 
Net book value
At 31 May 2025
1,037 
At 31 May 2024
1,296 
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What New York Wears Ltd Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
- 
18 
Taxes and social security
2,324 
2,363 
Other creditors
- 
2,201 
Loans from directors
11,276 
13,255 
Accruals
1,075 
1,075 
14,675 
18,912 
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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