Nouveau Lashes Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05165209 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Nouveau Lashes Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Ms K Betts

Mr D Hemingway

Ms B Softly

SECRETARY:

Mr D Hemingway

REGISTERED OFFICE:

Nouveau House

Barnsley Road

South Elmsall

Pontefract

West Yorkshire

WF9 2HR

REGISTERED NUMBER:

05165209 (England and Wales)

FIXED ASSETS

Tangible assets

2

36,175

24,679

CURRENT ASSETS

Stocks

532,368

331,055

Debtors

176,988

88,200

Cash at bank and in hand

112,465

520,117

821,821

939,372

CREDITORS

Amounts falling due within one year

244,522

321,253

NET CURRENT ASSETS

577,299

618,119

TOTAL ASSETS LESS CURRENT LIABILITIES

613,474

642,798

PROVISIONS FOR LIABILITIES

6,862

4,705

NET ASSETS

606,612

638,093

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

606,512

637,993

SHAREHOLDERS' FUNDS

606,612

638,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 January 2016 and were signed on its behalf by:

Ms K Betts - Director

Ms B Softly - 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

-

33% on cost, 25% on reducing balance and 20% on cost

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.

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 July 2014

56,067

Additions

13,700

At 30 June 2015

69,767

DEPRECIATION

At 1 July 2014

31,388

Charge for year

2,204

At 30 June 2015

33,592

NET BOOK VALUE

At 30 June 2015

36,175

At 30 June 2014

24,679

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£100

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors received dividends totalling £161,060 (2014: £160,606).