Abbreviated Company Accounts - SHABA COSMETICS LIMITED

DALSTON HAIR & BEAUTY LTD - Company Information

07814391 SHABA COSMETICS LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 07814391 2013-11-01 2014-10-31 07814391 2014-10-31 07814391 2013-10-31 07814391 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 07814391 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 07814391

SHABA COSMETICS LIMITED

Abbreviated Accounts

31 October 2014

SHABA COSMETICS LIMITED Registered Number 07814391

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	30,000	30,000
Tangible assets	3	12,816	15,078
		42,816	45,078
Current assets
Stocks		340,781	242,148
Debtors		63,629	49,997
Cash at bank and in hand		38,840	21,345
		443,250	313,490
Creditors: amounts falling due within one year		(433,872)	(311,194)
Net current assets (liabilities)		9,378	2,296
Total assets less current liabilities		52,194	47,374
Total net assets (liabilities)		52,194	47,374
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		52,094	47,274
Shareholders' funds		52,194	47,374

For the year ending 31 October 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 February 2015

And signed on their behalf by:
Mr Banaras Hussain, Director

SHABA COSMETICS LIMITED Registered Number 07814391

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Plant and machinery 15% reducing balance basis

2Intangible fixed assets

	£
Cost
At 1 November 2013	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	30,000
Amortisation
At 1 November 2013	-
Charge for the year	-
On disposals	-
At 31 October 2014	-
Net book values
At 31 October 2014	30,000
At 31 October 2013	30,000

3Tangible fixed assets

	£
Cost
At 1 November 2013	20,870
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	20,870
Depreciation
At 1 November 2013	5,792
Charge for the year	2,262
On disposals	-
At 31 October 2014	8,054
Net book values
At 31 October 2014	12,816
At 31 October 2013	15,078

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100