Abbreviated Company Accounts - LINGERIE AT CAROLS LIMITED

Abbreviated Company Accounts - LINGERIE AT CAROLS LIMITED

LINGERIE AT CAROLS LIMITED - Company Information

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Registered Number 07868711

LINGERIE AT CAROLS LIMITED

Abbreviated Accounts

31 December 2015

LINGERIE AT CAROLS LIMITED Registered Number 07868711

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 12,611 568
12,611 568
Current assets
Stocks 43,750 28,230
Debtors 14,993 -
Cash at bank and in hand 10,926 20,179
69,669 48,409
Creditors: amounts falling due within one year (81,519) (47,450)
Net current assets (liabilities) (11,850) 959
Total assets less current liabilities 761 1,527
Provisions for liabilities (475) (1,341)
Total net assets (liabilities) 286 186
Capital and reserves
Called up share capital 1 1
Profit and loss account 285 185
Shareholders' funds 286 186
  • 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 25 August 2016

And signed on their behalf by:
Mrs C Jolly, Director

LINGERIE AT CAROLS LIMITED Registered Number 07868711

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.

Tangible assets depreciation policy
Land & buildings leasehold nil depreciation
Computer equipment 15% reducing balance method
Fixtures, fittings & equipment 15% reducing balance method

2Tangible fixed assets
£
Cost
At 1 January 2015 853
Additions 13,229
Disposals -
Revaluations -
Transfers -
At 31 December 2015 14,082
Depreciation
At 1 January 2015 285
Charge for the year 1,186
On disposals -
At 31 December 2015 1,471
Net book values
At 31 December 2015 12,611
At 31 December 2014 568