Abbreviated Company Accounts - HOT ROD FASHION LIMITED

HOT ROD FASHION LIMITED - Company Information

07631259 HOT ROD FASHION LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07631259 2014-06-01 2015-05-31 07631259 2015-05-31 07631259 2014-05-31 07631259 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07631259 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07631259

HOT ROD FASHION LIMITED

Abbreviated Accounts

31 May 2015

HOT ROD FASHION LIMITED Registered Number 07631259

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,644	8,786
		8,644	8,786
Current assets
Stocks		75,000	73,000
Debtors		34,949	32,685
Cash at bank and in hand		14,897	5,635
		124,846	111,320
Creditors: amounts falling due within one year		(35,193)	(46,148)
Net current assets (liabilities)		89,653	65,172
Total assets less current liabilities		98,297	73,958
Creditors: amounts falling due after more than one year		(107,955)	(84,086)
Total net assets (liabilities)		(9,658)	(10,128)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(9,758)	(10,228)
Shareholders' funds		(9,658)	(10,128)

For the year ending 31 May 2015 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 4 December 2015

And signed on their behalf by:
Cristina Bruzzolo, Director

HOT ROD FASHION LIMITED Registered Number 07631259

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 amounts charged to customers for goods sold and services provided
excluding value added tax.

Tangible assets depreciation policy
-Depreciation has been provided so as to write off fixed assets over their estimated useful
lines at the rate of 15% on the reducing balance basis for Furniture Fittings and equipment.

Other accounting policies
- Going Concern Basis: The accounts have been prepared on the going concern basis. Although
there was a net deficiency of shareholders funds at the balance sheet date, the directors confirmed
their intention of continued support to the company to enable it to continue trading for the
foreseeable future. The funds invested by the directors at the balance sheet date were £100,444.

2Tangible fixed assets

	£
Cost
At 1 June 2014	9,310
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	9,310
Depreciation
At 1 June 2014	524
Charge for the year	142
On disposals	-
At 31 May 2015	666
Net book values
At 31 May 2015	8,644
At 31 May 2014	8,786

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100