REGISTERED NUMBER: 07145620 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2013

FOR

A & S SHOES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Aron

REGISTERED OFFICE:

65-67 Stamford Hill

London

N16 5TJ

REGISTERED NUMBER:

07145620 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

3,194

3,081

CURRENT ASSETS

Stocks

94,251

39,750

Debtors

1,330

375

Cash at bank and in hand

3,699

92

99,280

40,217

CREDITORS

Amounts falling due within one year

100,717

36,142

NET CURRENT (LIABILITIES)/ASSETS

(1,437

)

4,075

TOTAL ASSETS LESS CURRENT LIABILITIES

1,757

7,156

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

1,756

7,155

SHAREHOLDERS' FUNDS

1,757

7,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2013 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 29 November 2013 and were signed by:

E Aron - Director

1.	ACCOUNTING POLICIES

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.

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

-

15% on reducing balance

Stocks

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

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2012

4,265

Additions

858

At 28 February 2013

5,123

DEPRECIATION

At 1 March 2012

1,184

Charge for year

745

At 28 February 2013

1,929

NET BOOK VALUE

At 28 February 2013

3,194

At 29 February 2012

3,081

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.13

29.2.12

value:

£

£

1

Ordinary

£1

1

1