REGISTERED NUMBER: 07225702 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Anthony's International Brands Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A E L Xuereb

SECRETARY:

M A Xuereb

REGISTERED OFFICE:

10-14 Accommodation Road

Golders Green

London

NW11 8ED

REGISTERED NUMBER:

07225702 (England and Wales)

ACCOUNTANTS:

Grunberg & Co Limited

Chartered Accountants

10-14 Accommodation Road

Golders Green

London

NW11 8ED

FIXED ASSETS

Tangible assets

2

766

1,003

CURRENT ASSETS

Stocks

59,064

47,318

Debtors

15,852

25,170

Cash at bank

2,667

8,376

77,583

80,864

CREDITORS

Amounts falling due within one year

97,998

120,113

NET CURRENT LIABILITIES

(20,415

)

(39,249

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,649

)

(38,246

)

CAPITAL AND RESERVES

Called up share capital

3

90

90

Profit and loss account

(19,739

)

(38,336

)

SHAREHOLDERS' FUNDS

(19,649

)

(38,246

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 7 August 2015 and were signed by:

A E L Xuereb - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis as, in the opinion of the director, the

company will continue to receive financial support from the creditors and himself, for a period of at least twelve

months, from the approval date of this report.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax. Income is is recognised at the point

of delivery.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

moving items.

Deferred tax

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

sheet date except that:

- the recognition of deferred tax assets is limited to the extent that the company anticipates to make sufficient

taxable profits in the future to absorb the reversal of the underlying timing differences.

Deferred tax balances are not discounted.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Joint venture profits

Joint venture share of profits represents the element of gross profits from the operation of a bar to which the

company is entitled, excluding value added tax.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

4,808

DEPRECIATION

At 1 October 2013

3,805

Charge for year

237

At 30 September 2014

4,042

NET BOOK VALUE

At 30 September 2014

766

At 30 September 2013

1,003

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

90

Ordinary

£1

90

90