Wonders of Fashion Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02794844 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Wonders of Fashion Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

5

DIRECTOR:

Mr K S Samrai

SECRETARY:

Mr K S Samrai

REGISTERED OFFICE:

23/25 Hessel Street

London

E1 2LR

REGISTERED NUMBER:

02794844 (England and Wales)

ACCOUNTANTS:

Koshal Associates

Chartered Accountants

Gautam House

1-3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

FIXED ASSETS

Intangible assets

4

56,285

56,285

Tangible assets

5

837,710

837,710

893,995

893,995

CURRENT ASSETS

Debtors

6

20,000

-

Cash at bank

109,002

121,857

129,002

121,857

CREDITORS

Amounts falling due within one year

7

364,373

363,594

NET CURRENT LIABILITIES

(235,371

)

(241,737

)

TOTAL ASSETS LESS CURRENT LIABILITIES

658,624

652,258

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

8

240,000

240,000

Retained earnings

417,624

411,258

SHAREHOLDERS' FUNDS

658,624

652,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

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 16 August 2018 and were signed by:

Mr K S Samrai - Director

1.	STATUTORY INFORMATION

Wonders of Fashion Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2017

and 31 March 2018

56,285

NET BOOK VALUE

At 31 March 2018

56,285

At 31 March 2017

56,285

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

property

property

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

812,227

44,532

856,759

DEPRECIATION

At 1 April 2017

and 31 March 2018

19,049

-

19,049

NET BOOK VALUE

At 31 March 2018

793,178

44,532

837,710

At 31 March 2017

793,178

44,532

837,710

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

20,000

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Taxation and social security

18,883

21,709

Other creditors

345,490

341,885

364,373

363,594

8.

RESERVES

Revaluation

reserve

£

At 1 April 2017

and 31 March 2018

240,000

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 March 2018 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.

Koshal Associates

Chartered Accountants

Gautam House

1-3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

16 August 2018