| Anmol Fashions Limited |
| Registered number: |
05274695 |
| Abbreviated Balance Sheet |
| as at 30 November 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
20,000 |
|
|
20,000 |
| Tangible assets |
3 |
|
|
8,346 |
|
|
8,896 |
|
|
|
|
28,346 |
|
|
28,896 |
|
| Current assets |
| Stocks |
|
|
129,084 |
|
|
125,450 |
| Debtors |
|
|
4,938 |
|
|
- |
| Cash at bank and in hand |
|
|
1,595 |
|
|
13,172 |
|
|
|
135,617 |
|
|
138,622 |
|
| Creditors: amounts falling due within one year |
|
|
(116,806) |
|
|
(121,791) |
|
| Net current assets |
|
|
|
18,811 |
|
|
16,831 |
|
| Net assets |
|
|
|
47,157 |
|
|
45,727 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
47,156 |
|
|
45,726 |
|
| Shareholder's funds |
|
|
|
47,157 |
|
|
45,727 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Chanmit Singh Arura |
| Director |
| Approved by the board on 27 August 2014 |
|
| Anmol Fashions Limited |
Registered number |
| Notes to the Abbreviated Accounts |
05274695 |
| for the year ended 30 November 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
20,000 |
|
At 30 November 2013 |
20,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 November 2013 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
20,000 |
|
At 30 November 2012 |
20,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 December 2012 |
12,471 |
|
At 30 November 2013 |
12,471 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 December 2012 |
3,575 |
|
Charge for the year |
550 |
|
At 30 November 2013 |
4,125 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 November 2013 |
8,346 |
|
At 30 November 2012 |
8,896 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1 |
|
1 |
|
1 |
|
|
|
|
|
|
|
|
|
