Abbreviated Company Accounts - PICTURE BOOK FASHION LTD

PICTURE BOOK FASHION LTD - Company Information

SC403574 PICTURE BOOK FASHION LTD 2016-10-31 false 2015-11-01 2016-10-31 true SC403574 2015-11-01 2016-10-31 SC403574 2016-10-31 SC403574 2015-10-31 SC403574 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 SC403574 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-31 iso4217:GBP shares

Registered Number SC403574

PICTURE BOOK FASHION LTD

Abbreviated Accounts

31 October 2016

PICTURE BOOK FASHION LTD Registered Number SC403574

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	6,099	1,055
		6,099	1,055
Current assets
Stocks		11,469	-
Debtors		126,356	121,916
Cash at bank and in hand		213,466	234,217
		351,291	356,133
Creditors: amounts falling due within one year		(159,275)	(213,631)
Net current assets (liabilities)		192,016	142,502
Total assets less current liabilities		198,115	143,557
Creditors: amounts falling due after more than one year		(5,926)	(5,773)
Total net assets (liabilities)		192,189	137,784
Capital and reserves
Called up share capital	3	54,217	54,217
Share premium account		5,783	5,783
Profit and loss account		132,189	77,784
Shareholders' funds		192,189	137,784

For the year ending 31 October 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 11 July 2017

And signed on their behalf by:
Mr A Molloy, Director

PICTURE BOOK FASHION LTD Registered Number SC403574

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	2,501
Additions	7,194
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	9,695
Depreciation
At 1 November 2015	1,446
Charge for the year	2,150
On disposals	-
At 31 October 2016	3,596
Net book values
At 31 October 2016	6,099
At 31 October 2015	1,055

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

	2016 £	2015 £
45,000 Ordinary shares of £1 each	45,000	45,000
9,217 A Ordinary shares of £1.627 each	14,996	14,996