D.S.Fashion U.K. Ltd - Limited company - abbreviated - 11.0.0

D.S.Fashion U.K. Ltd - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 04714252 (England and Wales)















Abbreviated Accounts for the Year Ended 31 March 2014

for

D.S.Fashion U.K. Ltd

D.S.Fashion U.K. Ltd (Registered number: 04714252)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

D.S.Fashion U.K. Ltd

Company Information
for the Year Ended 31 March 2014







DIRECTOR: D S Sandhu





REGISTERED OFFICE: Deep Building
Unit 9B
Forge Way
Darlington
Co. Durham
DL1 2PJ





REGISTERED NUMBER: 04714252 (England and Wales)





ACCOUNTANTS: Chrichard & Co
70 Victoria Road
Darlington
Co. Durham
DL1 5JG

D.S.Fashion U.K. Ltd (Registered number: 04714252)

Abbreviated Balance Sheet
31 March 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 27,532 33,426

CURRENT ASSETS
Stocks 51,938 80,872
Debtors 184,178 162,165
Cash at bank - 77,712
236,116 320,749
CREDITORS
Amounts falling due within one year 257,863 385,246
NET CURRENT LIABILITIES (21,747 ) (64,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,785

(31,071
)

PROVISIONS FOR LIABILITIES 5,470 6,685
NET ASSETS/(LIABILITIES) 315 (37,756 )

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 313 (37,758 )
SHAREHOLDERS' FUNDS 315 (37,756 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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.

D.S.Fashion U.K. Ltd (Registered number: 04714252)

Abbreviated Balance Sheet - continued
31 March 2014


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 4 November 2014 and were signed by:





D S Sandhu - Director


D.S.Fashion U.K. Ltd (Registered number: 04714252)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2014

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 April 2008).

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 etc - 33% on reducing balance, 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital
element of the future payments is treated as a liability.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 64,061
Additions 1,075
At 31 March 2014 65,136
DEPRECIATION
At 1 April 2013 30,635
Charge for year 6,969
At 31 March 2014 37,604
NET BOOK VALUE
At 31 March 2014 27,532
At 31 March 2013 33,426

D.S.Fashion U.K. Ltd (Registered number: 04714252)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
2 Ordinary £1 2 2