| Dalston Hair & Beauty Ltd |
| Registered number: |
07814391 |
| Abbreviated Balance Sheet |
| as at 31 October 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
27,000 |
|
|
30,000 |
| Tangible assets |
3 |
|
|
10,894 |
|
|
12,816 |
|
|
|
|
37,894 |
|
|
42,816 |
|
| Current assets |
| Stocks |
|
|
382,440 |
|
|
340,781 |
| Debtors |
|
|
56,505 |
|
|
63,629 |
| Cash at bank and in hand |
|
|
25,025 |
|
|
38,840 |
|
|
|
463,970 |
|
|
443,250 |
|
| Creditors: amounts falling due within one year |
|
|
(459,287) |
|
|
(433,872) |
|
| Net current assets |
|
|
|
4,683 |
|
|
9,378 |
|
| Net assets |
|
|
|
42,577 |
|
|
52,194 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
42,477 |
|
|
52,094 |
|
| Shareholders' funds |
|
|
|
42,577 |
|
|
52,194 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mohammad Naeem |
| Director |
| Approved by the board on 23 May 2016 |
|
| Dalston Hair & Beauty Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2014 |
30,000 |
|
At 31 October 2015 |
30,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the year |
3,000 |
|
At 31 October 2015 |
3,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2015 |
27,000 |
|
At 31 October 2014 |
30,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2014 |
20,870 |
|
At 31 October 2015 |
20,870 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2014 |
8,054 |
|
Charge for the year |
1,922 |
|
At 31 October 2015 |
9,976 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2015 |
10,894 |
|
At 31 October 2014 |
12,816 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
