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REGISTERED NUMBER: 07275141 (England and Wales)















Shabby Chic Personalised Limited

Unaudited Financial Statements

For The Year Ended 31st March 2017






Shabby Chic Personalised Limited (Registered number: 07275141)

Contents of the Financial Statements
For The Year Ended 31st March 2017










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Shabby Chic Personalised Limited

Company Information
For The Year Ended 31st March 2017







DIRECTORS: Mrs C Cairns
S Cairns





SECRETARY:





REGISTERED OFFICE: Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL





REGISTERED NUMBER: 07275141 (England and Wales)





ACCOUNTANTS: John Phillips & Co Limited
Accountants
Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL

Shabby Chic Personalised Limited (Registered number: 07275141)

Balance Sheet
31st March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,180 17,623

CURRENT ASSETS
Stocks 5 5,647 3,482

CREDITORS
Amounts falling due within one year 6 15,778 18,450
NET CURRENT LIABILITIES (10,131 ) (14,968 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,049

2,655

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 3,048 2,654
SHAREHOLDERS' FUNDS 3,049 2,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 in accordance with Section 476 of the Companies Act 2006.

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.

Shabby Chic Personalised Limited (Registered number: 07275141)

Balance Sheet - continued
31st March 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27th September 2017 and were signed
on its behalf by:





S Cairns - Director


Shabby Chic Personalised Limited (Registered number: 07275141)

Notes to the Financial Statements
For The Year Ended 31st March 2017


1. STATUTORY INFORMATION

Shabby Chic Personalised Limited is a private company, limited by shares , registered in England
and Wales. The 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
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.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

Shabby Chic Personalised Limited (Registered number: 07275141)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2017


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2016
and 31st March 2017 4,099 19,674 1,374 25,147
DEPRECIATION
At 1st April 2016 1,695 4,919 910 7,524
Charge for year 601 3,689 153 4,443
At 31st March 2017 2,296 8,608 1,063 11,967
NET BOOK VALUE
At 31st March 2017 1,803 11,066 311 13,180
At 31st March 2016 2,404 14,755 464 17,623

5. STOCKS
2017 2016
£    £   
Stocks 5,647 3,482

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Tax 1,733 411
Directors' loan accounts 14,045 18,039
15,778 18,450

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1 Ordinary £1 1 1

Shabby Chic Personalised Limited (Registered number: 07275141)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2017


8. RESERVES
Retained
earnings
£   

At 1st April 2016 2,654
Profit for the year 5,394
Dividends (5,000 )
At 31st March 2017 3,048