Abbreviated Company Accounts - PRESTIGE (INTERNATIONAL) LIMITED

Abbreviated Company Accounts - PRESTIGE (INTERNATIONAL) LIMITED


Registered Number 06474004

PRESTIGE (INTERNATIONAL) LIMITED

Abbreviated Accounts

31 January 2015

PRESTIGE (INTERNATIONAL) LIMITED Registered Number 06474004

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,472 2,747
2,472 2,747
Current assets
Stocks 106,932 22,141
Debtors 13,790 4,084
Cash at bank and in hand 33,390 68,569
154,112 94,794
Creditors: amounts falling due within one year (130,411) (50,265)
Net current assets (liabilities) 23,701 44,529
Total assets less current liabilities 26,173 47,276
Total net assets (liabilities) 26,173 47,276
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 26,073 47,176
Shareholders' funds 26,173 47,276
  • For the year ending 31 January 2015 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 13 April 2015

And signed on their behalf by:
Erdinc Aziz, Director

PRESTIGE (INTERNATIONAL) LIMITED Registered Number 06474004

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment - 10% reducing balance

2Tangible fixed assets
£
Cost
At 1 February 2014 5,111
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2015 5,111
Depreciation
At 1 February 2014 2,364
Charge for the year 275
On disposals -
At 31 January 2015 2,639
Net book values
At 31 January 2015 2,472
At 31 January 2014 2,747
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100