Love Shutters Interiors UK Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08434899 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Love Shutters Interiors UK Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

H S Kang

REGISTERED OFFICE:

Harance House

Rumer Hill Road

Cannock

Staffordshire

WS11 0ET

REGISTERED NUMBER:

08434899 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

Harance House

Rumer Hill Road

Cannock

Staffordshire

WS11 0ET

FIXED ASSETS

Tangible assets

2

7,350

9,104

CURRENT ASSETS

Debtors

52,427

29,463

Cash at bank

5,190

5,978

57,617

35,441

CREDITORS

Amounts falling due within one year

118,423

88,001

NET CURRENT LIABILITIES

(60,806

)

(52,560

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(53,456

)

(43,456

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(53,556

)

(43,556

)

SHAREHOLDERS' FUNDS

(53,456

)

(43,456

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 23 December 2015 and were signed by:

H S Kang - 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.

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.

Going concern

The company's ability to continue as a going concern is dependent upon the continuing support of the director.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

12,138

Additions

855

Disposals

(213

)

At 31 March 2015

12,780

DEPRECIATION

At 1 April 2014

3,034

Charge for year

2,449

Eliminated on disposal

(53

)

At 31 March 2015

5,430

NET BOOK VALUE

At 31 March 2015

7,350

At 31 March 2014

9,104

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100