VINO COSMETICS LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08636982 (England and Wales)

VINO COSMETICS LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD

5 AUGUST 2013 TO 31 AUGUST 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

O Hai

I Sorojon

REGISTERED OFFICE:

Enterprise House

2 The Crest

London

NW4 2HW

REGISTERED NUMBER:

08636982 (England and Wales)

ACCOUNTANT:

DICKER ECONOMOU & CO

Chartered Certified Accountants

Enterprise House

2 The Crest

London

NW4 2HW

FIXED ASSETS

Tangible assets

2

116,940

CURRENT ASSETS

Stocks

13,532

Debtors

130,102

Cash at bank

24,989

168,623

CREDITORS

Amounts falling due within one year

155,680

NET CURRENT ASSETS

12,943

TOTAL ASSETS LESS CURRENT LIABILITIES

129,883

CREDITORS

Amounts falling due after more than one year

93,452

NET ASSETS

36,431

CAPITAL AND RESERVES

Called up share capital

3

250

Profit and loss account

36,181

SHAREHOLDERS' FUNDS

36,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 29 July 2015 and were signed on its behalf by:

I Sorojon - 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Short leasehold

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

146,205

At 31 August 2014

146,205

DEPRECIATION

Charge for period

29,265

At 31 August 2014

29,265

NET BOOK VALUE

At 31 August 2014

116,940

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

250

Ordinary

1

250