Abbreviated Company Accounts - DECORUM (MENSWEAR) LIMITED

DECORUM (MENSWEAR) LIMITED - Company Information

07347924 DECORUM (MENSWEAR) LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 07347924 2014-09-01 2015-08-31 07347924 2015-08-31 07347924 2014-08-31 07347924 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 07347924 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 07347924

DECORUM (MENSWEAR) LIMITED

Abbreviated Accounts

31 August 2015

DECORUM (MENSWEAR) LIMITED Registered Number 07347924

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,258	22,576
		22,258	22,576
Current assets
Stocks		90,155	83,153
Debtors		6,250	6,250
Cash at bank and in hand		45,039	27,419
		141,444	116,822
Creditors: amounts falling due within one year		(188,157)	(184,540)
Net current assets (liabilities)		(46,713)	(67,718)
Total assets less current liabilities		(24,455)	(45,142)
Total net assets (liabilities)		(24,455)	(45,142)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(24,555)	(45,242)
Shareholders' funds		(24,455)	(45,142)

For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 March 2016

And signed on their behalf by:
D R Foreman, Director

DECORUM (MENSWEAR) LIMITED Registered Number 07347924

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoice value of goods and services supplied by the company, net of trade discounts. Turnover is attributable to one continuing activity.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings 7.14% Straight line
Computer equipment 25% Reducing balance
Fixtures and fittings 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	32,533
Additions	3,524
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	36,057
Depreciation
At 1 September 2014	9,957
Charge for the year	3,842
On disposals	-
At 31 August 2015	13,799
Net book values
At 31 August 2015	22,258
At 31 August 2014	22,576

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100