Accounts filed on 31-10-2017


ACCOUNTS
FOR THE YEAR ENDED 31/10/2017





DIRECTORS
Asher Brecher


REGISTERED OFFICE
59 Hillside Road
London
N15 6LU


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08718893



ACCOUNTANTS
DNB Accounting
51 Craven Park Road
London
N15 6AH


ACCOUNTS
FOR THEYEARENDED31/10/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		580,867		562,440

CURRENT ASSETS
Stock		2,546,534		2,854,755
Debtors	5	755,548		490,333
Cash at bank and in hand		284,315		47,137
		3,586,397		3,392,225
CREDITORS: Amounts falling due within one year	6	2,990,235		2,845,502
NET CURRENT ASSETS			596,162		546,723
TOTAL ASSETS LESS CURRENT LIABILITIES			1,177,029		1,109,163


CREDITORS: Amounts falling due after more than one year	7		1,074,108		1,037,425

NET ASSETS			102,921		71,738

CAPITAL AND RESERVES

Called up share capital	9		1		1
Profit and loss account			102,920		71,737
SHAREHOLDERS' FUNDS			102,921		71,738

For the year ending 31/10/2017 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 24/07/2018 and signed on their behalf by



.............................
Asher Brecher
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		25%
Equipment		25%




1c. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1d. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Other debtors	754,113	474,747
Prepayments	1,435	15,586
	755,548	490,333




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	7,662	7,237
Other creditors	2,981,780	2,838,265
Accruals	793	-
	2,990,235	2,845,502




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2017	2016
	£	£
Bank loans (secured) >1yr	1,074,108	1,037,425
	1,074,108	1,037,425




9. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1