Modedeck Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 02002086 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2015

FOR

MODEDECK LIMITED

T/A

TALK TALK CLOTHING

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr Raj Kumar

Mrs Susan Kumar

SECRETARY:

Mrs Susan Kumar

REGISTERED OFFICE:

Unit 1 Spitfire Close

Coventry Business Park

Coventry

Warwickshire

CV5 6UR

REGISTERED NUMBER:

02002086 (England and Wales)

ACCOUNTANTS:

R Pau & Co Limited

Chartered Certified Accountants

12-16 Station Street East

Coventry

West Midlands

CV6 5FJ

BANKERS:

Allied Irish Bank

Birmingham City Office

61 Temple Row

Birmingham

B2 5LT

FIXED ASSETS

Tangible assets

2

25,898

13,452

CURRENT ASSETS

Stocks

23,900

51,600

Debtors

441,296

478,987

Cash at bank

605,878

841,193

1,071,074

1,371,780

CREDITORS

Amounts falling due within one year

82,250

139,382

NET CURRENT ASSETS

988,824

1,232,398

TOTAL ASSETS LESS CURRENT LIABILITIES

1,014,722

1,245,850

PROVISIONS FOR LIABILITIES

-

2,058

NET ASSETS

1,014,722

1,243,792

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,014,622

1,243,692

SHAREHOLDERS' FUNDS

1,014,722

1,243,792

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 17th March 2016 and were signed on its behalf by:

Mr Raj Kumar - Director

Mrs Susan Kumar - 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

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.

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 1st December 2014

50,464

Additions

18,921

At 30th November 2015

69,385

DEPRECIATION

At 1st December 2014

37,012

Charge for year

6,475

At 30th November 2015

43,487

NET BOOK VALUE

At 30th November 2015

25,898

At 30th November 2014

13,452

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100