BOUTIQUE_4_U_LIMITED - Accounts

BOUTIQUE 4 U LIMITED - Company Information

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Company Registration No. 07833441 (England and Wales)

BOUTIQUE 4 U LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

BOUTIQUE 4 U LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

BOUTIQUE 4 U LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

499

666

Current assets

Stocks

7,938

9,438

Debtors

1,300

1,699

Cash at bank and in hand

827

10,065

11,964

Creditors: amounts falling due within one year

(5,800)

(10,635)

Net current assets

4,265

1,329

Total assets less current liabilities

4,764

1,995

Capital and reserves

Called up share capital

Profit and loss account

4,763

1,994

Shareholders' funds

4,764

1,995

For the financial year ended 30 November 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 31 August 2015

Mr Q A Tariq

Director

Company Registration No. 07833441

BOUTIQUE 4 U LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

Tangible fixed assets and depreciation

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:

Plant and machinery

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 December 2013 & at 30 November 2014

1,110

Depreciation

At 1 December 2013

444

Charge for the year

167

At 30 November 2014

611

Net book value

At 30 November 2014

499

At 30 November 2013

666

BOUTIQUE 4 U LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2014

- 3 -

Share capital

2014

2013

Allotted, called up and fully paid

1 Ordinary Shares of £1 each