Green Door Designs Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04578858 (England and Wales)

GREEN DOOR DESIGNS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE PERIOD 1 MARCH 2014 TO 31 MARCH 2015

Page

Abbreviated Balance Sheet

1

to

2

Notes to the Abbreviated Accounts

3

to

4

FIXED ASSETS

Tangible assets

2

534

270

CURRENT ASSETS

Stocks

17,373

3,755

Debtors

3,576

3,576

Cash at bank

-

2,008

20,949

9,339

CREDITORS

Amounts falling due within one year

61,403

23,680

NET CURRENT LIABILITIES

(40,454

)

(14,341

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(39,920

)

(14,071

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(40,020

)

(14,171

)

SHAREHOLDERS' FUNDS

(39,920

)

(14,071

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 3 March 2016 and were signed on its behalf by:

A C Hamlyn - 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 income derived from the provision of fashion design.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

50% 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.

Going concern

These accounts have been produced on a going concern basis as the directors have confirmed their support for

the company.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

5,635

Additions

664

At 31 March 2015

6,299

DEPRECIATION

At 1 March 2014

5,365

Charge for period

400

At 31 March 2015

5,765

NET BOOK VALUE

At 31 March 2015

534

At 28 February 2014

270

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	CONTROLLING INTEREST

The directors controlled the company throughout the current year and comparative period by virtue of holding

100% of the issued ordinary share capital.