Dolly Treasures Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09414068 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2019

FOR

DOLLY TREASURES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P A Smith

E L L Smith

B L T Tin

REGISTERED OFFICE:

10 Jesus Lane

Cambridge

England

CB5 8BA

REGISTERED NUMBER:

09414068 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Tangible assets

5

877

1,252

CURRENT ASSETS

Stocks

3,000

3,500

Debtors

6

51,219

50,339

Cash at bank

5,991

574

60,210

54,413

CREDITORS

Amounts falling due within one year

7

(143,722

)

(106,089

)

NET CURRENT LIABILITIES

(83,512

)

(51,676

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(82,635

)

(50,424

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

49,999

49,999

Retained earnings

(132,734

)

(100,523

)

SHAREHOLDERS' FUNDS

(82,635

)

(50,424

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 18 October 2019 and were signed on its behalf by:

P A Smith - Director

1.	STATUTORY INFORMATION

Dolly Treasures Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

At the balance sheet date the company had net liabilities of £82,635 (2018: £50,424). The company has the

continued support of the directors and as such is expected to meet its liabilities as they fall due. Therefore the

accounts have been prepared on a going concern basis.

Turnover

Turnover represents net sale of publications excluding value added tax.

Tangible fixed assets

Depreciation is charged to write off each asset over its estimated useful life and is provided at the following

annual rates:

Computer equipment - 20% 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2018

and 31 January 2019

1,872

DEPRECIATION

At 1 February 2018

620

Charge for year

375

At 31 January 2019

995

NET BOOK VALUE

At 31 January 2019

877

At 31 January 2018

1,252

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

51,219

50,339

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

21,188

-

Other creditors

122,534

106,089

143,722

106,089

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

1

100

100

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the directors were owed £120,841 (2018: £104,395) by Dolly Treasures Limited. The

amount is repayable on demand, bears no interest and is disclosed within other creditors.