Old Dover Textiles Limited - Accounts to registrar (filleted) - small 17.3

Old Dover Textiles Limited - Accounts to registrar (filleted) - small 17.3


IRIS Accounts Production v17.3.1.106 07817957 director 1.11.16 31.10.17 31.10.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure078179572016-10-31078179572017-10-31078179572016-11-012017-10-31078179572015-10-31078179572015-11-012016-10-31078179572016-10-3107817957ns15:EnglandWales2016-11-012017-10-3107817957ns14:PoundSterling2016-11-012017-10-3107817957ns10:Director12016-11-012017-10-3107817957ns10:PrivateLimitedCompanyLtd2016-11-012017-10-3107817957ns10:SmallEntities2016-11-012017-10-3107817957ns10:AuditExemptWithAccountantsReport2016-11-012017-10-3107817957ns10:SmallCompaniesRegimeForAccounts2016-11-012017-10-3107817957ns10:FullAccounts2016-11-012017-10-3107817957ns10:RegisteredOffice2016-11-012017-10-3107817957ns5:CurrentFinancialInstruments2017-10-3107817957ns5:CurrentFinancialInstruments2016-10-3107817957ns5:ShareCapital2017-10-3107817957ns5:ShareCapital2016-10-3107817957ns5:RetainedEarningsAccumulatedLosses2017-10-3107817957ns5:RetainedEarningsAccumulatedLosses2016-10-3107817957ns5:CostValuation2016-10-3107817957ns5:DisposalsRepaymentsInvestments2017-10-3107817957ns5:CostValuation2017-10-3107817957ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-10-3107817957ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-10-31


REGISTERED NUMBER: 07817957 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2017

for

Old Dover Textiles Limited

Old Dover Textiles Limited (Registered number: 07817957)






Contents of the Financial Statements
for the Year Ended 31 October 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Old Dover Textiles Limited

Company Information
for the Year Ended 31 October 2017







DIRECTOR: Mr Nicholas Loucas



REGISTERED OFFICE: 10 Gourley Street
Haringey
London
N15 5NG



REGISTERED NUMBER: 07817957 (England and Wales)



ACCOUNTANTS: Chris Pantazis Ltd T/A CPS & Co
Chartered Accountants
10A Aldermans Hill
London
N13 4PJ



BANKERS: HSBC Plc
City of London Branch
London
EC4N 4TR

Old Dover Textiles Limited (Registered number: 07817957)

Balance Sheet
31 October 2017

31.10.17 31.10.16
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 97,000

CURRENT ASSETS
Stocks 54,273 165,841
Debtors 5 236,165 1,441,181
Cash at bank and in hand 96,515 120,938
386,953 1,727,960
CREDITORS
Amounts falling due within one year 6 160,014 1,703,978
NET CURRENT ASSETS 226,939 23,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,939

120,982

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 226,938 120,981
SHAREHOLDERS' FUNDS 226,939 120,982

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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.

Old Dover Textiles Limited (Registered number: 07817957)

Balance Sheet - continued
31 October 2017


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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 July 2018 and were signed by:





Mr Nicholas Loucas - Director


Old Dover Textiles Limited (Registered number: 07817957)

Notes to the Financial Statements
for the Year Ended 31 October 2017

1. STATUTORY INFORMATION

Old Dover Textiles Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2016 - 8 ) .

Old Dover Textiles Limited (Registered number: 07817957)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2017

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2016 97,000
Disposals (97,000 )
At 31 October 2017 -
NET BOOK VALUE
At 31 October 2017 -
At 31 October 2016 97,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade debtors 6,480 809,166
Other debtors 229,685 632,015
236,165 1,441,181

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Trade creditors 82,155 1,059,271
Taxation and social security 72,637 466,138
Other creditors 5,222 178,569
160,014 1,703,978

Old Dover Textiles Limited

Report of the Accountants to the Director of
Old Dover Textiles Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Chris Pantazis Ltd T/A CPS & Co
Chartered Accountants
10A Aldermans Hill
London
N13 4PJ


27 July 2018