Abbreviated Company Accounts - DESIGNER SOFAS (LONDON) LTD

DESIGNER SOFAS (LONDON) LTD - Company Information

08600083 DESIGNER SOFAS (LONDON) LTD 2016-07-31 false 2015-08-01 2016-07-31 true 08600083 2015-08-01 2016-07-31 08600083 2016-07-31 08600083 2015-07-31 08600083 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 08600083 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-07-31 iso4217:GBP shares

Registered Number 08600083

DESIGNER SOFAS (LONDON) LTD

Abbreviated Accounts

31 July 2016

DESIGNER SOFAS (LONDON) LTD Registered Number 08600083

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		1	1
Fixed assets
Tangible assets	2	471,775	65,331
		471,775	65,331
Current assets
Stocks		301,340	185,076
Cash at bank and in hand		202,216	307,392
		503,556	492,468
Creditors: amounts falling due within one year		(299,045)	(308,434)
Net current assets (liabilities)		204,511	184,034
Total assets less current liabilities		676,287	249,366
Provisions for liabilities		(99,076)	-
Total net assets (liabilities)		577,211	249,366
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		577,210	249,365
Shareholders' funds		577,211	249,366

For the year ending 31 July 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 28 April 2017

And signed on their behalf by:
Derek Solomon, Director

DESIGNER SOFAS (LONDON) LTD Registered Number 08600083

Notes to the Abbreviated Accounts for the period ended 31 July 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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2Tangible fixed assets

	£
Cost
At 1 August 2015	78,179
Additions	445,446
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	523,625
Depreciation
At 1 August 2015	12,848
Charge for the year	39,002
On disposals	-
At 31 July 2016	51,850
Net book values
At 31 July 2016	471,775
At 31 July 2015	65,331

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

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