Company Registration No. 05885565 (England and Wales)
Outlook Menswear LTD
Abbreviated unaudited accounts
for the year ended 31 July 2016
Outlook Menswear LTD
Abbreviated Balance Sheet
as at 31 July 2016
Tangible assets
6,852
8,565
Cash at bank and in hand
41,425
27,423
Creditors: amounts falling due within one year
(129,440)
(149,560)
Net current assets
28,481
19,369
Total assets less current liabilities
35,333
27,934
Provisions for liabilities
(129)
(129)
Called up share capital
100
100
Profit and loss account
35,104
27,705
Total shareholders' funds
35,204
27,805
For the year ending 31 July 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 (effective January 2015).
Approved by the board on 28 April 2017
Kamaljit Shoker
Director
Company Registration No. 05885565
Outlook Menswear LTD
Notes to the Abbreviated Accounts
for the year ended 31 July 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
