Abbreviated Company Accounts - CLARKS SHOP (NEWRY) LTD

CLARKS SHOP (NEWRY) LTD - Company Information

NI047945 CLARKS SHOP (NEWRY) LTD 2016-01-31 false 2015-02-01 2016-01-31 true NI047945 2015-02-01 2016-01-31 NI047945 2016-01-31 NI047945 2015-01-31 NI047945 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 NI047945 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number NI047945

CLARKS SHOP (NEWRY) LTD

Abbreviated Accounts

31 January 2016

CLARKS SHOP (NEWRY) LTD Registered Number NI047945

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	44,522	55,654
		44,522	55,654
Current assets
Stocks		184,920	154,245
Debtors		137,649	172,194
Cash at bank and in hand		241,660	166,416
		564,229	492,855
Creditors: amounts falling due within one year		(357,069)	(301,660)
Net current assets (liabilities)		207,160	191,195
Total assets less current liabilities		251,682	246,849
Total net assets (liabilities)		251,682	246,849
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		251,679	246,846
Shareholders' funds		251,682	246,849

For the year ending 31 January 2016 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 31 October 2016

And signed on their behalf by:
Sheila Connolly, Director

CLARKS SHOP (NEWRY) LTD Registered Number NI047945

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The abbreviated financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abbreviated financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20% reducing balance
Fitting fixtures and equipment - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	135,942
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	135,942
Depreciation
At 1 February 2015	80,288
Charge for the year	11,132
On disposals	-
At 31 January 2016	91,420
Net book values
At 31 January 2016	44,522
At 31 January 2015	55,654

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

	2016 £	2015 £
3 Ordinary shares of £1 each	3	3