Haute Deco Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02842558 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

HAUTE DECO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Swannell

SECRETARY:

P G Swannell

REGISTERED OFFICE:

556 Kings Road

London

SW6 2DZ

REGISTERED NUMBER:

02842558 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Annecy Court

Ferry Works

Summer Road

Thames Ditton

Surrey

KT7 0QJ

FIXED ASSETS

Tangible assets

2

-

Investments

3

99,997

CURRENT ASSETS

Stocks

111,492

121,143

Debtors

647

13

Cash at bank

374,429

356,111

486,568

477,267

CREDITORS

Amounts falling due within one year

168,739

169,305

NET CURRENT ASSETS

317,829

307,962

TOTAL ASSETS LESS CURRENT
LIABILITIES

417,826

407,959

CAPITAL AND RESERVES

Called up share capital

4

30,000

Profit and loss account

387,826

377,959

SHAREHOLDERS' FUNDS

417,826

407,959

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 25 May 2017 and were signed by:

M Swannell - 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

-

25% 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.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

37,008

DEPRECIATION

At 1 September 2015

and 31 August 2016

37,008

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2015

and 31 August 2016

99,997

NET BOOK VALUE

At 31 August 2016

99,997

At 31 August 2015

99,997

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

30,000

Ordinary

£1

30,000

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year dividends of £50,000 (2015 - £50,000) were voted to M Swannell, a director of the company.