Modabelle Limited - Limited company - abbreviated

REGISTERED NUMBER: 04185455 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

MODABELLE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs K V Stern

SECRETARY:

A Stern

REGISTERED OFFICE:

Ground Floor,3-9 Belfast Road

London

N16 6UN

REGISTERED NUMBER:

04185455 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

13,500

CURRENT ASSETS

Stocks

63,347

60,798

Debtors

1,805

-

Cash at bank

379

695

65,531

61,493

CREDITORS

Amounts falling due within one year

18,271

15,403

NET CURRENT ASSETS

47,260

46,090

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,760

59,590

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

60,660

59,490

SHAREHOLDERS' FUNDS

60,760

59,590

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 her 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 director on 24 December 2014 and were signed by:

Mrs K V Stern - 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 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.

Improvements to property

-

not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

13,500

NET BOOK VALUE

At 31 March 2014

13,500

At 31 March 2013

13,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

£1

100

Modabelle Limited - Limited company - abbreviated - 11.0.0

Modabelle Limited - Limited company - abbreviated - 11.0.0