Designer 8 Ltd - Accounts to registrar

REGISTERED NUMBER: 07053764 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2016

for

Designer 8 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M O' Sullivan

SECRETARY:

M O' Sullivan

REGISTERED OFFICE:

Brynarfor

New Road

New Quay

Ceredigion

SA45 9SB

REGISTERED NUMBER:

07053764 (England and Wales)

ACCOUNTANTS:

Kam & Co

Financial and Public Accountants

Lower Ground Floor

24 Conway Street

London

W1T 6BG

FIXED ASSETS

Tangible assets

2

4,981

4,537

CURRENT ASSETS

Debtors

3

1,304

20,780

Cash at bank and in hand

111,594

25,019

112,898

45,799

CREDITORS

Amounts falling due within one year

4

83,422

48,220

NET CURRENT ASSETS/(LIABILITIES)

29,476

(2,421

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

34,457

2,116

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

6

34,357

2,016

SHAREHOLDERS' FUNDS

34,457

2,116

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 July 2017 and were signed by:

M O' Sullivan - 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.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2015

8,927

Additions

2,103

At 31 October 2016

11,030

DEPRECIATION

At 1 November 2015

4,390

Charge for year

1,659

At 31 October 2016

6,049

NET BOOK VALUE

At 31 October 2016

4,981

At 31 October 2015

4,537

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.16

31.10.15

£

Trade debtors

1,304

20,780

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.16

31.10.15

£

Trade creditors

30,001

-

Taxation and social security

13,256

19,256

Other creditors

40,165

28,964

83,422

48,220

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

2

Ordinary Shares

2

100

6.

RESERVES

Profit

and loss

account

£

At 1 November 2015

2,016

Profit for the year

40,341

Dividends

(8,000

)

At 31 October 2016

34,357

Designer 8 Ltd - Accounts to registrar - small 17.2

Designer 8 Ltd - Accounts to registrar - small 17.2