Abbreviated Company Accounts - ADORN BEAUTY LIMITED

Abbreviated Company Accounts - ADORN BEAUTY LIMITED

ADORN BEAUTY LIMITED - Company Information

Print Friendly Version

Registered Number 06667752

ADORN BEAUTY LIMITED

Abbreviated Accounts

31 March 2016

ADORN BEAUTY LIMITED Registered Number 06667752

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 45,651 52,301
Investments 3 161,614 161,614
207,265 213,915
Current assets
Stocks 11,423 8,059
Debtors 69,385 109,344
Cash at bank and in hand 208,554 114,526
289,362 231,929
Creditors: amounts falling due within one year (91,496) (106,759)
Net current assets (liabilities) 197,866 125,170
Total assets less current liabilities 405,131 339,085
Provisions for liabilities (7,685) (8,994)
Total net assets (liabilities) 397,446 330,091
Capital and reserves
Called up share capital 100 100
Profit and loss account 397,346 329,991
Shareholders' funds 397,446 330,091
  • For the year ending 31 March 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 8 December 2016

And signed on their behalf by:
Mrs.Sonal Shingala, Director

ADORN BEAUTY LIMITED Registered Number 06667752

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

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Furniture & Fixtures 15% Reducing balance basis
Office equipments 33.33% Reducing balance basis

2Tangible fixed assets
£
Cost
At 1 April 2015 97,612
Additions 1,477
Disposals -
Revaluations -
Transfers -
At 31 March 2016 99,089
Depreciation
At 1 April 2015 45,311
Charge for the year 8,127
On disposals -
At 31 March 2016 53,438
Net book values
At 31 March 2016 45,651
At 31 March 2015 52,301

3Fixed assets Investments
Company has investment of £161,614.