The Castle Boutique Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06629160 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

THE CASTLE BOUTIQUE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

P Haynes

REGISTERED OFFICE:

Dress

10 Castle Street

Guildford

Surrey

GU1 3UW

REGISTERED NUMBER:

06629160 (England and Wales)

ACCOUNTANTS:

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

CURRENT ASSETS

Stocks

60,000

50,000

Cash at bank

3,331

6,484

63,331

56,484

CREDITORS

Amounts falling due within one year

124,293

104,291

NET CURRENT LIABILITIES

(60,962

)

(47,807

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(60,962

)

(47,807

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(60,963

)

(47,808

)

SHAREHOLDERS' FUNDS

(60,962

)

(47,807

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 21 December 2016 and were signed by:

P Haynes - Director

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.

Plant and machinery etc

-

33% 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.

Going concern

The accounts have been prepared on a going concern basis as although there is a deficiency of shareholders

funds the principal creditor is the director as disclosed in note 9 and she will not seek repayment in priority to

other creditors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,103

DEPRECIATION

At 1 April 2015

and 31 March 2016

1,103

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

£1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The Castle Boutique Limited for the year ended 31 March 2016 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of The Castle Boutique Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Castle Boutique Limited and state those matters that we have agreed to state to the director of The Castle Boutique Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Castle Boutique Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Castle Boutique Limited. You consider that The Castle Boutique Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Castle Boutique Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

21 December 2016