I.S.O.D LIMITED - Abbreviated accounts 16.1

I.S.O.D LIMITED - Abbreviated accounts 16.1

I.S.O.D LIMITED - Company Information

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REGISTERED NUMBER: 07679143 (England and Wales)















I.S.O.D LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015






I.S.O.D LIMITED (Registered number: 07679143)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 DECEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

I.S.O.D LIMITED

COMPANY INFORMATION
for the Year Ended 31 DECEMBER 2015







DIRECTORS: S Shiri
O Hai





REGISTERED OFFICE: Enterprise House
2 The Crest
Hendon
London
NW4 2HW





REGISTERED NUMBER: 07679143 (England and Wales)





ACCOUNTANT: DICKER ECONOMOU & CO
Chartered Certified Accountants
Enterprise House
2 The Crest
Hendon
London
NW4 2HN
Page 1
I.S.O.D LIMITED (Registered number: 07679143)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

31.12.15 31.12.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 4,532 1,266
Tangible assets 3 11,893 12,807
Investments 4 2,169,771 387,370
2,186,196 401,443

CURRENT ASSETS
Stocks 239,722 179,984
Debtors 1,012,790 1,169,229
Cash at bank 102,273 63,300
1,354,785 1,412,513
CREDITORS
Amounts falling due within one year 728,226 549,144
NET CURRENT ASSETS 626,559 863,369
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,812,755
1,264,812

CREDITORS
Amounts falling due after more than one
year
229,016
505,355
NET ASSETS 2,583,739 759,457

CAPITAL AND RESERVES
Called up share capital 5 100 100
Revaluation reserve 2,157,021 375,500
Profit and loss account 426,618 383,857
SHAREHOLDERS' FUNDS 2,583,739 759,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
I.S.O.D LIMITED (Registered number: 07679143)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2015


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 Board of Directors on 30 December 2016 and were signed on its behalf
by:





S Shiri - Director


The notes form part of these abbreviated accounts

Page 3
I.S.O.D LIMITED (Registered number: 07679143)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 DECEMBER 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets 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 - 25% on reducing balance
Fixtures, fittings & equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 1,987
Additions 3,763
At 31 December 2015 5,750
AMORTISATION
At 1 January 2015 721
Amortisation for year 497
At 31 December 2015 1,218
NET BOOK VALUE

At 31 December 2015 4,532
At 31 December 2014 1,266

Page 4 continued...
I.S.O.D LIMITED (Registered number: 07679143)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 DECEMBER 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 20,182
Additions 2,975
At 31 December 2015 23,157
DEPRECIATION
At 1 January 2015 7,375
Charge for year 3,889
At 31 December 2015 11,264
NET BOOK VALUE
At 31 December 2015 11,893
At 31 December 2014 12,807

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST OR VALUATION
At 1 January 2015 387,370
Additions 880
Revaluations 1,781,521
At 31 December 2015 2,169,771
NET BOOK VALUE
At 31 December 2015 2,169,771
At 31 December 2014 387,370

The company's investments at the Balance Sheet date in the share capital of companies include the following:

EMI Cosmetics Limited
Nature of business: Retail of Cosmetics
%
Class of shares: holding
Ordinary 55.00

I.S.O.D.T Limited
Nature of business: Retail of Cosmetics
%
Class of shares: holding
Ordinary 70.00

Page 5 continued...
I.S.O.D LIMITED (Registered number: 07679143)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 DECEMBER 2015

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.15 31.12.14
value: £    £   
100 Ordinary £1 100 100

Page 6