Green Door Designs Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04578858 (England and Wales)

GREEN DOOR DESIGNS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE PERIOD 1 APRIL 2013 TO 28 FEBRUARY

Page

Abbreviated Balance Sheet

1

to

2

Notes to the Abbreviated Accounts

3

to

4

FIXED ASSETS

Tangible assets

2

270

361

CURRENT ASSETS

Stocks

3,755

9,579

Debtors

3,576

15,922

Cash at bank

2,008

428

9,339

25,929

CREDITORS

Amounts falling due within one year

23,680

26,057

NET CURRENT LIABILITIES

(14,341

)

(128

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,071

)

233

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(14,171

)

133

SHAREHOLDERS' FUNDS

(14,071

)

233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 February 2015 and were signed on its behalf by:

A C Hamlyn - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents income derived from the provision of fashion design.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

50% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Going concern

These accounts have been produced on a going concern basis as the directors have confirmed their

support for the company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 28 February 2014

5,635

DEPRECIATION

At 1 April 2013

5,274

Charge for period

91

At 28 February 2014

5,365

NET BOOK VALUE

At 28 February 2014

270

At 31 March 2013

361

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 28 February 2014

and the year ended 31 March 2013:

2014

2013

£

£

A C Hamlyn and N P Hamlyn

Balance outstanding at start of period

10,689

13,398

Amounts repaid

(10,689

)

(11,120

)

Balance outstanding at end of period

-

10,689

5.	CONTROLLING INTEREST

The directors controlled the company throughout the current year and comparative period by virtue

of holding 100% of the issued ordinary share capital.