The Clothes Room Ltd - Abbreviated accounts 16.1

The Clothes Room Ltd - Abbreviated accounts 16.1

THE CLOTHES ROOM LIMITED - Company Information

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02659174 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure026591742015-01-31026591742016-01-31026591742015-02-012016-01-31026591742014-01-31026591742014-02-012015-01-31026591742015-01-3102659174ns14:PoundSterling2015-02-012016-01-3102659174ns7:Director12015-02-012016-01-3102659174ns7:OrdinaryShareClass12015-02-012016-01-3102659174ns7:CompanySecretary2015-02-012016-01-3102659174ns7:RegisteredOffice2015-02-012016-01-3102659174ns7:EntityAccountantsOrAuditors2015-02-012016-01-3102659174ns7:EntityBankers2015-02-012016-01-3102659174ns5:FixturesFittings2015-02-012016-01-3102659174ns7:OrdinaryShareClass12016-01-3102659174ns7:OrdinaryShareClass12015-01-3102659174ns7:Director12015-01-3102659174ns7:Director12014-01-3102659174ns7:Director12014-02-012015-01-3102659174ns7:Director12016-01-3102659174ns7:Director12015-01-31
REGISTERED NUMBER: 02659174















THE CLOTHES ROOM LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016






THE CLOTHES ROOM LTD (REGISTERED NUMBER: 02659174)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

THE CLOTHES ROOM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2016







DIRECTOR: Miss D S Garnett



SECRETARY: Miss D S Garnett



REGISTERED OFFICE: 1 Masham Road
Wetherby Road
Harrogate
North Yorkshire
HG2 8QF



REGISTERED NUMBER: 02659174



ACCOUNTANTS: DSC
Chartered Accountants
Tattersall House
East Parade
Harrogate
North Yorkshire
HG1 5LT



BANKERS: Yorkshire Bank Plc
Headingley Branch
6 Otley Road
Leeds
LS1 5SD
Page 1
THE CLOTHES ROOM LTD (REGISTERED NUMBER: 02659174)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,904 2,644

CURRENT ASSETS
Stocks 79,929 76,881
Debtors 20,205 21,573
Cash at bank 35,772 42,231
135,906 140,685
CREDITORS
Amounts falling due within one year 68,614 83,875
NET CURRENT ASSETS 67,292 56,810
TOTAL ASSETS LESS CURRENT
LIABILITIES
69,196
59,454

PROVISIONS FOR LIABILITIES 137 231
NET ASSETS 69,059 59,223

CAPITAL AND RESERVES
Called up share capital 3 50 50
Capital redemption reserve 50 50
Profit and loss account 68,959 59,123
SHAREHOLDERS' FUNDS 69,059 59,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 3 August 2016 and were signed by:



Miss D S Garnett - Director


The notes form part of these abbreviated accounts

Page 2
THE CLOTHES ROOM LTD (REGISTERED NUMBER: 02659174)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

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 January 2015).

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.

Fixtures and fittings - 10% on cost

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 24,718
Disposals (867 )
At 31 January 2016 23,851
DEPRECIATION
At 1 February 2015 22,074
Charge for year 740
Eliminated on disposal (867 )
At 31 January 2016 21,947
NET BOOK VALUE
At 31 January 2016 1,904
At 31 January 2015 2,644

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
50 Ordinary £1 50 50

Page 3
THE CLOTHES ROOM LTD (REGISTERED NUMBER: 02659174)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JANUARY 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2016 and
31 January 2015:

2016 2015
£    £   
Miss D S Garnett
Balance outstanding at start of year 15,864 34,215
Amounts advanced 1,623 -
Amounts repaid - (18,351 )
Balance outstanding at end of year 17,487 15,864

Interest has been charged on the above balance at the official rate of 3.00% (2015 - 4.00%) and is included
therein. The amount charged was £375 (2015: £787).

Page 4