Marabella's Boutique Limited - Accounts to registrar (filleted) - small 18.2
Marabella's Boutique Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2018 |
| FOR |
| MARABELLA'S BOUTIQUE LIMITED |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| MARABELLA'S BOUTIQUE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 24 Landport Terrace |
| Portsmouth |
| Hampshire |
| PO1 2RG |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| BALANCE SHEET |
| 31 JANUARY 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| BALANCE SHEET - continued |
| 31 JANUARY 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| 1. | STATUTORY INFORMATION |
| Marabella's Boutique Limited is a |
| 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 |
| Income recognition |
| Income is recognised when goods have been delivered to customers such that risks and rewards of ownership |
| have transferred to them. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Inventories |
| Inventories have been valued at the lower of cost and estimated selling price less costs to sell. |
| Financial instruments |
| Debtors |
| Short term debtors are measured at transaction price (which is usually the retail or invoice price), less any |
| impairment losses for bad and doubtful debts. |
| Loans and other financial assets are initially recognised at transaction price including any transaction costs and |
| subsequently measured at amortised cost determined using the effective interest method, less any impairment |
| losses for bad and doubtful debts. |
| Creditors |
| Short term creditors are measured at transaction price (which is usually the invoice price). |
| Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and |
| subsequently measured at amortised cost determined using the effective interest method. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2017 |
| and 31 January 2018 |
| DEPRECIATION |
| At 1 February 2017 |
| Charge for year |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 January 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Rent deposit | 5,000 | 5,000 |
| Deposits in advance | 500 | 5,500 |
| VAT |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Social security and other taxes |
| Directors' current accounts | 77,956 | 45,050 |
| Accruals |
| MARABELLA'S BOUTIQUE LIMITED (REGISTERED NUMBER: 09376216) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2018 |
| 7. | OTHER FINANCIAL COMMITMENTS |
| The company has future rental operating lease commitments of £61,106 ending in 2020. |
| 8. | GOING CONCERN |
| The directors have given their assurance that they will continue to financially support the company for as long as |
| is required. |