Abbreviated Company Accounts - CHOP SHOP CLOTHING LTD

09183502 CHOP SHOP CLOTHING LTD 2015-12-31 false 2014-08-20 2015-12-31 true 09183502 2014-08-20 2015-12-31 09183502 2015-12-31 09183502 uk-gaap-cd-bus:Director1 2014-08-20 2015-12-31 09183502 uk-gaap-cd-bus:Director2 2014-08-20 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-20 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 09183502

CHOP SHOP CLOTHING LTD

Abbreviated Accounts

31 December 2015

CHOP SHOP CLOTHING LTD Registered Number 09183502

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	1,375
		1,375
Current assets
Stocks		5,075
Debtors		738
Cash at bank and in hand		1,200
		7,013
Net current assets (liabilities)		7,013
Total assets less current liabilities		8,388
Creditors: amounts falling due after more than one year		(4,041)
Total net assets (liabilities)		4,347
Capital and reserves
Called up share capital	3	100
Profit and loss account		4,247
Shareholders' funds		4,347

For the year ending 31 December 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 20 May 2016

And signed on their behalf by:
M Mocanda, Director

CHOP SHOP CLOTHING LTD Registered Number 09183502

Notes to the Abbreviated Accounts for the period ended 31 December 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment 20% Straight Line

2Tangible fixed assets

	£
Cost
Additions	1,875
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,875
Depreciation
Charge for the year	500
On disposals	-
At 31 December 2015	500
Net book values
At 31 December 2015	1,375

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

	2015 £
100 Ordinary shares of £1 each	100