Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

ZAPATOS DESIGNER SHOES LTD - Company Information

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ZAPATOS DESIGNER SHOES LTD

Company Registration Number:
05617186 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

ZAPATOS DESIGNER SHOES LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 19,494 37,413
Total fixed assets: 19,494 37,413
Current assets
Stocks: 91,031 84,301
Debtors: 3 18,227 24,710
Cash at bank and in hand: 4,232
Total current assets: 113,490 109,011
Creditors: amounts falling due within one year: 4 ( 47,922 ) ( 57,166 )
Net current assets (liabilities): 65,568 51,845
Total assets less current liabilities: 85,062 89,258
Creditors: amounts falling due after more than one year: 5 ( 402,997 ) ( 417,522 )
Total net assets (liabilities): ( 317,935 ) ( 328,264 )

The notes form part of these financial statements

ZAPATOS DESIGNER SHOES LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 6 1,000 1,000
Profit and loss account: ( 318,935 ) ( 329,264 )
Shareholders funds: ( 317,935 ) ( 328,264 )

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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 28 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Sally Jo Feeke
Status: Director

The notes form part of these financial statements

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards.

    Turnover policy

    Turnover represents the invoiced amount of goods sold and services provided (net of value added tax), all in the United Kingdom.

    Tangible fixed assets depreciation policy

    Depreciation is provided on fixed assets on the straight line basis at the following rates:
    Computer equipment - 25%
    Fixtures & fittings - 10%

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 182,820
    Additions: 73
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 182,893
    Depreciation
    01 April 2015: 145,407
    Charge for year: 17,992
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 163,399
    Net book value
    31 March 2016: 19,494
    31 March 2015: 37,413

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Debtors


    2016
    £
    2015
    £
    Trade debtors: 2,081
    Prepayments and accrued income: 18,227 22,629
    Total: 18,227 24,710

    Included within prepayments and accrued income is £9,663 (2015 : £9,663) in relation to a rent deposit repayable in more than one year.

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 18,511
    Trade creditors: 34,693 27,214
    Taxation and social security: 4,614 4,763
    Accruals and deferred income: 8,615 6,678
    Total: 47,922 57,166

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Creditors: amounts falling due after more than one year


    2016
    £
    2015
    £
    Other creditors: 402,997 417,522
    Total: 402,997 417,522

    Included in creditors due after more than one year are interest free directors loan accounts due to S Feeke of £402,997 (2015 : £417,522). The loans are interest free and there are no fixed terms of repayment.

ZAPATOS DESIGNER SHOES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0
    Total share capital (£): 1,000
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1,000 1.00 1,000
    Preference shares: 0
    Total share capital (£): 1,000