ENVY STYLE LTD - Limited company - abbreviated

REGISTERED NUMBER: 07484501 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2015

for

ENVY STYLE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M. Idris

REGISTERED OFFICE:

65 Victoria Road West

Thornton

Cleveleys

Lancashire

FY5 1AJ

REGISTERED NUMBER:

07484501 (England and Wales)

FIXED ASSETS

Tangible assets

2

3,322

2,719

CURRENT ASSETS

Stocks

24,300

22,500

Debtors

2,481

2,241

Cash at bank and in hand

3,965

1,441

30,746

26,182

CREDITORS

Amounts falling due within one year

18,827

19,192

NET CURRENT ASSETS

11,919

6,990

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,241

9,709

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

15,231

9,699

SHAREHOLDERS' FUNDS

15,241

9,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2015 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 29 October 2015 and were signed by:

M. Idris - 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.

Plant and machinery etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2014

5,958

Additions

1,711

At 31 January 2015

7,669

DEPRECIATION

At 1 February 2014

3,239

Charge for year

1,108

At 31 January 2015

4,347

NET BOOK VALUE

At 31 January 2015

3,322

At 31 January 2014

2,719

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.15

31.1.14

value:

£

10

Ordinary

1

10

ENVY STYLE LTD - Limited company - abbreviated - 11.6

ENVY STYLE LTD - Limited company - abbreviated - 11.6