Fashion House Management UK Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC388510 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2013

for

Fashion House Management UK Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B O'Reilly

REGISTERED OFFICE:

60 St Enoch Square

Glasgow

G1 4AG

REGISTERED NUMBER:

SC388510 (Scotland)

ACCOUNTANTS:

Ballantyne & Company Ltd

Certified Accountants

60 St Enoch Square

Glasgow

Lanarkshire

G1 4AG

FIXED ASSETS

Tangible assets

2

28,319

24,607

CURRENT ASSETS

Debtors

13,671

155,138

Cash at bank

13,330

6,863

27,001

162,001

CREDITORS

Amounts falling due within one year

27,497

70,466

NET CURRENT (LIABILITIES)/ASSETS

(496

)

91,535

TOTAL ASSETS LESS CURRENT LIABILITIES

27,823

116,142

CREDITORS

Amounts falling due after more than one year

58,768

161,286

NET LIABILITIES

(30,945

)

(45,144

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(31,045

)

(45,244

)

SHAREHOLDERS' FUNDS

(30,945

)

(45,144

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 August 2014 and were signed by:

B O'Reilly - 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 is derived from property management services net of VAT.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

39,666

Additions

10,632

At 30 November 2013

50,298

DEPRECIATION

At 1 December 2012

15,059

Charge for year

6,920

At 30 November 2013

21,979

NET BOOK VALUE

At 30 November 2013

28,319

At 30 November 2012

24,607

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

100

Ordinary

1

100

100