A.A.D BEAUTY LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 08795405 (England and Wales)

A.A.D BEAUTY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

O Hai

Miss K Perez

REGISTERED OFFICE:

Enterprise House

2 The Crest

London

NW4 2HW

REGISTERED NUMBER:

08795405 (England and Wales)

ACCOUNTANT:

DICKER ECONOMOU & CO

Chartered Certified Accountants

Enterprise House

2 The Crest

Hendon

London

NW4 2HN

FIXED ASSETS

Tangible assets

2

159,318

217,431

CURRENT ASSETS

Stocks

21,760

21,800

Debtors

326,822

202,663

Cash at bank

52,682

71,645

401,264

296,108

CREDITORS

Amounts falling due within one year

312,315

382,128

NET CURRENT ASSETS/(LIABILITIES)

88,949

(86,020

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

248,267

131,411

CREDITORS

Amounts falling due after more than one
year

166,658

107,195

NET ASSETS

81,609

24,216

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

81,509

24,116

SHAREHOLDERS' FUNDS

81,609

24,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 January 2018 and were signed on its behalf by:

O Hai - 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.

Land and buildings

-

at varying rates on cost

Plant and machinery etc

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

284,749

Additions

3,059

At 30 November 2016

287,808

DEPRECIATION

At 1 December 2015

67,318

Charge for year

61,172

At 30 November 2016

128,490

NET BOOK VALUE

At 30 November 2016

159,318

At 30 November 2015

217,431

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

100