1 February 2016 false No description of principal activity Taxfiler 2017.16.Web 07336328business:PrivateLimitedCompanyLtd2016-02-012017-01-31 073363282016-01-31 073363282016-02-012017-01-31 07336328business:AuditExempt-NoAccountantsReport2016-02-012017-01-31 07336328business:FullAccounts2016-02-012017-01-31 073363282017-01-31 07336328business:Director12016-02-012017-01-31 07336328business:RegisteredOffice2016-02-012017-01-31 073363282016-01-31 07336328core:WithinOneYear2017-01-31 07336328core:WithinOneYear2016-01-31 07336328core:ShareCapital2017-01-31 07336328core:ShareCapital2016-01-31 07336328core:RetainedEarningsAccumulatedLosses2017-01-31 07336328core:RetainedEarningsAccumulatedLosses2016-01-31 07336328business:SmallEntities2016-02-012017-01-31 07336328countries:EnglandWales2016-02-012017-01-31 07336328core:FurnitureFittings2016-02-012017-01-31 07336328core:FurnitureFittings2016-01-31 07336328core:FurnitureFittings2017-01-31 07336328business:OrdinaryShareClass12016-02-012017-01-31 07336328business:OrdinaryShareClass12015-02-012016-01-31 073363282015-02-012016-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07336328 (England and Wales)
ABIGAIL'S LIFESTYLE LIMITED Unaudited accounts for the year ended 31 January 2017
ABIGAIL'S LIFESTYLE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ABIGAIL'S LIFESTYLE LIMITED Company Information for the year ended 31 January 2017
Director
Abigail Stacey
Company Number
07336328 (England and Wales)
Registered Office
TINSLEY FARM BLIND LANE CHELMSFORD ESSEX CM2 8UF
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ABIGAIL'S LIFESTYLE LIMITED Statement of financial position as at 31 January 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,040 
6,400 
Current assets
Inventories
5
14,523 
10,523 
Cash at bank and in hand
20,120 
9,304 
34,643 
19,827 
Creditors: amounts falling due within one year
6
(41,586)
(25,961)
Net current liabilities
(6,943)
(6,134)
Net assets
97 
266 
Capital and reserves
Called up share capital
7
2 
2 
Profit and loss account
95 
264 
Shareholders' funds
97 
266 
For the year ending 31 January 2017 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 17 May 2017.
Abigail Stacey Director Company Registration No. 07336328
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ABIGAIL'S LIFESTYLE LIMITED Notes to the Accounts for the year ended 31 January 2017
1
Statutory information
ABIGAIL'S LIFESTYLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07336328. The registered office and principal place of business is TINSLEY FARM, BLIND LANE, CHELMSFORD, ESSEX, CM2 8UF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing balance
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ABIGAIL'S LIFESTYLE LIMITED Notes to the Accounts for the year ended 31 January 2017
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2016
8,000 
Additions
2,400 
At 31 January 2017
10,400 
Depreciation
At 1 February 2016
1,600 
Charge for the year
1,760 
At 31 January 2017
3,360 
Net book value
At 31 January 2017
7,040 
At 31 January 2016
6,400 
5
Inventories
2017 
2016 
£ 
£ 
Finished goods
14,523 
10,523 
14,523 
10,523 
6
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Trade creditors
13,721 
15,533 
Corporation tax
4,977 
2,913 
Other taxes and social security costs
4,692 
2,603 
Proposed dividends
- 
2,054 
Other creditors
2,681 
2,008 
Loans from directors
14,915 
- 
Accruals
600 
850 
41,586 
25,961 
7
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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