Accounts Submission

COTTON CLUB (UK) LIMITED - Company Information

Company Accounts and Tax Online 04276418 Board of Directors 1.1.16 31.12.16 31.12.16 false iso4217:GBP xbrli:pure 04276418 2015-01-01 2015-12-31 04276418 2016-12-31 04276418 2016-01-01 2016-12-31 04276418 2015-12-31 04276418 countries:EnglandWales 2016-01-01 2016-12-31 04276418 curr:PoundSterling 2016-01-01 2016-12-31 04276418 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 04276418 uk-bus:FRS102 2016-01-01 2016-12-31 04276418 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 04276418 uk-bus:AbridgedAccounts 2016-01-01 2016-12-31 04276418 uk-bus:RegisteredOffice 2016-01-01 2016-12-31 04276418 uk-bus:Director1 2016-01-01 2016-12-31 04276418 uk-bus:Director1 2016-01-01 04276418 uk-bus:Director1 2016-12-31 04276418 uk-bus:Director2 2016-01-01 2016-12-31 04276418 uk-bus:Director2 2016-01-01 04276418 uk-bus:Director2 2016-12-31 04276418 core:AfterOneYear 2016-12-31 04276418 core:AfterOneYear 2015-12-31 04276418 core:WithinOneYear 2016-12-31 04276418 core:WithinOneYear 2015-12-31 04276418 core:WithinOneYear 2016-01-01 2016-12-31 04276418 core:AfterOneYear 2016-12-31 04276418 core:AfterOneYear 2015-12-31 04276418 core:AfterOneYear 2016-01-01 2016-12-31 04276418 core:ShareCapital 2016-12-31 04276418 core:ShareCapital 2015-12-31 04276418 core:RevaluationReserve 2016-12-31 04276418 core:RevaluationReserve 2015-12-31 04276418 core:RetainedEarningsAccumulatedLosses 2016-12-31 04276418 core:RetainedEarningsAccumulatedLosses 2015-12-31 04276418 1 2016-01-01 2016-12-31

Company Registration Number:
04276418 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

Contents of the Financial Statements

for the Period Ended 31 December 2016


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Directors' Report Period Ended 31 December 2016

The directors present their report with the financial statements of the company for the period ended 31 December 2016

Principal Activities

The principal activity of the company in the year of this review was that of a leisurewear distributor

Directors

The directors shown below have held office during the whole of the period from 01 January 2016 to 31 December 2016
Minoo Mahtaney
Giovanna Russo

This report was approved by the board of directors on 25 August 2017
And Signed On Behalf Of The Board By:

Name: Minoo Mahtaney
Status: Director

Profit and Loss Account

for the Period Ended 31 December 2016

	2016 £	2015 £
Gross Profit or (Loss)	198,011	209,010
Administrative Expenses	(363,426)	(354,147)
Operating Profit or (Loss)	(165,415)	(145,137)
Profit or (Loss) Before Tax	(165,415)	(145,137)
Tax on Profit	(0)	(0)
Profit or (Loss) for Period	(165,415)	(145,137)

The notes form part of these financial statements

Balance sheet

As at 31 December 2016

	Notes	2016 £	2015 £
Fixed assets
Intangible assets:	2	6,514	11,514
Tangible assets:	3	646,340	1,067,751
Total fixed assets:		652,854	1,079,265
Current assets
Stocks:		1,040,752	1,127,588
Debtors:		212,735	394,207
Cash at bank and in hand:		16,588	8,525
Total current assets:		1,270,075	1,530,320
Creditors: amounts falling due within one year:		( 646,171 )	( 1,147,587 )
Net current assets (liabilities):		623,904	382,733
Total assets less current liabilities:		1,276,758	1,461,998
Total net assets (liabilities):		1,276,758	1,461,998

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

	2016 £	2015 £
Capital and reserves
Called up share capital:	4,869,304	4,869,304
Profit and loss account:	( 3,592,546 )	( 3,407,306 )
Shareholders funds:	1,276,758	1,461,998

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 August 2017
And Signed On Behalf Of The Board By:

Name: Minoo Mahtaney
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods net of VAT and trade discounts

Other accounting policies

Stock are valued at lower of cost and net realisable value

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Intangible assets

	Total
Cost	£
At 01 January 2016	11,514
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	11,514
Amortisation
Amortisation at 01 January 2016	0
Charge for year	5,000
On disposals	-
Other adjustments	-
Amortisation at 31 December 2016	5,000
Net book value
Net book value at 31 December 2016	6,514
Net book value at 31 December 2015	11,514

Fixed Assets investments are stated at cost less provision for diminution in value

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Tangible Assets

	Total
Cost	£
At 01 January 2016	1,440,078
Additions	3,526
Disposals	(487,486)
Revaluations	-
Transfers	-
At 31 December 2016	956,118
Depreciation
At 01 January 2016	372,327
Charge for year	30,091
On disposals	(92,640)
Other adjustments	-
At 31 December 2016	309,778
Net book value
At 31 December 2016	646,340
At 31 December 2015	1,067,751

The company sold one of the warehouses during the year in review at a considerable loss

Director:		Minoo Mahtaney
		Giovanna Russo


Registered office:		4 C Grappenhall Lane Appleton Warrington England WA4 4QT


Company Registration Number:		04276418 (England and Wales)

Accounts Submission