Abbreviated Company Accounts - FROM CLOTHING LIMITED

FROM CLOTHING LIMITED - Company Information

07467806 FROM CLOTHING LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 07467806 2014-01-01 2014-12-31 07467806 2014-12-31 07467806 2013-12-31 07467806 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07467806 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-01-01 2014-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:Director3 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07467806

FROM CLOTHING LIMITED

Abbreviated Accounts

31 December 2014

FROM CLOTHING LIMITED Registered Number 07467806

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	-	-
Tangible assets	3	1,697	2,121
		1,697	2,121
Current assets
Stocks		33,129	19,377
Debtors		852	7,484
Cash at bank and in hand		4,259	704
		38,240	27,565
Creditors: amounts falling due within one year		(30,389)	(122,045)
Net current assets (liabilities)		7,851	(94,480)
Total assets less current liabilities		9,548	(92,359)
Creditors: amounts falling due after more than one year		(110,646)	-
Total net assets (liabilities)		(101,098)	(92,359)
Capital and reserves
Called up share capital	4	200	200
Profit and loss account		(101,298)	(92,559)
Shareholders' funds		(101,098)	(92,359)

For the year ending 31 December 2014 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 22 August 2015

And signed on their behalf by:
Ms S Dodd, Director
D S jenkins, Director

FROM CLOTHING LIMITED Registered Number 07467806

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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 net invoiced sales of goods excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at 20% on cost to write off each asset over its estimated useful life.

2Intangible fixed assets

	£
Cost
At 1 January 2014	21,267
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	21,267
Amortisation
At 1 January 2014	21,267
Charge for the year	-
On disposals	-
At 31 December 2014	21,267
Net book values
At 31 December 2014	0
At 31 December 2013	0

3Tangible fixed assets

	£
Cost
At 1 January 2014	3,938
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	3,938
Depreciation
At 1 January 2014	1,817
Charge for the year	424
On disposals	-
At 31 December 2014	2,241
Net book values
At 31 December 2014	1,697
At 31 December 2013	2,121

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
200 Ordinary shares of £1 each	200	200

5Transactions with directors

Name of director receiving advance or credit:	DS Jenkins and Ms S P Dodd
Description of the transaction:	Directors loan account
Balance at 1 January 2014:	£ 116,685
Advances or credits made:	£ 18,961
Advances or credits repaid:	-
Balance at 31 December 2014:	£ 135,646

The directors have given the company an undertaking that £110,646 of the loan at 31 December 2014 will not be repaid within one year of balance date. This amount is shown under creditors falling due after more than one year.