DROP DEAD CLOTHING LIMITED

DROP DEAD CLOTHING LIMITED

DROP DEAD CLOTHING LIMITED - Company Information

Print Friendly Version

DROP DEAD CLOTHING LIMITED

Company Registration Number:
06036816 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

DROP DEAD CLOTHING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

DROP DEAD CLOTHING LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets: 3 1,817 2,422
Tangible assets: 4 1,294,938 1,354,557
Investments: 5 217,150 217,150
Total fixed assets: 1,513,905 1,574,129
Current assets
Stocks: 463,137 447,761
Debtors:   95,193 436,213
Cash at bank and in hand: 27,933 68,881
Total current assets: 586,263 952,855
Creditors: amounts falling due within one year:   (500,490) (547,397)
Net current assets (liabilities): 85,773 405,458
Total assets less current liabilities: 1,599,678 1,979,587
Creditors: amounts falling due after more than one year:   (602,571) (614,487)
Total net assets (liabilities): 997,107 1,365,100
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 997,007 1,365,000
Shareholders funds: 997,107 1,365,100

The notes form part of these financial statements

DROP DEAD CLOTHING LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2019
and signed on behalf of the board by:

Name: Mrs C Sykes
Status: Director

The notes form part of these financial statements

DROP DEAD CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DROP DEAD CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 23 36

DROP DEAD CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Intangible Assets

Total
Cost £
At 01 January 2018 99,572
At 31 December 2018 99,572
Amortisation
At 01 January 2018 97,150
Charge for year 605
At 31 December 2018 97,755
Net book value
At 31 December 2018 1,817
At 31 December 2017 2,422

DROP DEAD CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Tangible Assets

Total
Cost £
At 01 January 2018 1,649,205
Additions 28,082
Disposals (7,044)
At 31 December 2018 1,670,243
Depreciation
At 01 January 2018 294,648
Charge for year 81,008
On disposals (351)
At 31 December 2018 375,305
Net book value
At 31 December 2018 1,294,938
At 31 December 2017 1,354,557

DROP DEAD CLOTHING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Fixed investments

Investments are stated at the lower of cost and net realisable value