World Clothes Holdings Limited - Limited company - abbreviated - 11.9
World Clothes Holdings Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts For The Year Ended 31 March 2015 |
| for |
| World Clothes Holdings Limited |
| World Clothes Holdings Limited (Registered number: 03226329) |
| Contents of the Abbreviated Accounts |
| For The Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| World Clothes Holdings Limited |
| Company Information |
| For The Year Ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| World Clothes Holdings Limited (Registered number: 03226329) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the Board of Directors on |
| World Clothes Holdings Limited (Registered number: 03226329) |
| Notes to the Abbreviated Accounts |
| For The Year Ended 31 March 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements present information about the company as an individual undertaking and not about its |
| group. |
| Under FRS1 the company is exempt from the requirement to prepare a cash flow statement on the grounds of its |
| size. |
| 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). |
| The company was dormant throughout the current year and previous period. |
| Going concern |
| The financial statements are prepared on a going concern basis, which the directors believe to be appropriate for |
| the following reasons: |
| -The directors have considered the future of the company and the level of on-going expenses and concluded that |
| it remains appropriate to prepare the accounts on the going concern basis. |
| -The directors, in their capacity as shareholders, have indicated to the company that they will provide financial |
| and other support to the company to enable it to continue in existence and to meet its financial obligations for the |
| future and for at least 12 months from the date of approval of these financial statements. |
| Intangible fixed assets |
| Trademarks are stated at cost. Amortisation is calculated to write off the cost in equal annual instalments over the |
| estimated useful lives where this is considered material. |
| Investments |
| Fixed asset investments are stated at cost less provision for diminution in value. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 | 200 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| World Clothes Holdings Limited (Registered number: 03226329) |
| Notes to the Abbreviated Accounts - continued |
| For The Year Ended 31 March 2015 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Subsidiary |
| Country of incorporation: England |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (651,612 | ) | (651,612 | ) |
| Loss for the year/period | (10,106 | ) | (10,106 | ) |
| World Clothes Inc has ceased its main trading activity. The directors are awaiting the profit and capital and |
| reserves figures from Akkurate Limited. |
| Associated company |
| Country of incorporation: England |
| Nature of business: |
| % |
| Class of shares: | holding |
| Voting/dividend share capital | 50.00 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
| value: | £ | £ |
| Ordinary | 1 |