Registered Number 05964327

ABNORMAL FASHIONS LTD

Abbreviated Accounts

31 October 2016

ABNORMAL FASHIONS LTD Registered Number 05964327

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 8,770 6,399
8,770 6,399
Current assets
Stocks 12,213 13,780
Debtors 7,812 8,553
Cash at bank and in hand 14,234 18,974
34,259 41,307
Creditors: amounts falling due within one year (26,279) (37,321)
Net current assets (liabilities) 7,980 3,986
Total assets less current liabilities 16,750 10,385
Total net assets (liabilities) 16,750 10,385
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 15,750 9,385
Shareholders' funds 16,750 10,385
  • For the year ending 31 October 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 May 2017

And signed on their behalf by:
Mr Michael Hill, Director

ABNORMAL FASHIONS LTD Registered Number 05964327

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value inclusive of value added tax and net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 November 2015 19,500
Additions 3,986
Disposals -
Revaluations -
Transfers -
At 31 October 2016 23,486
Depreciation
At 1 November 2015 13,101
Charge for the year 1,615
On disposals -
At 31 October 2016 14,716
Net book values
At 31 October 2016 8,770
At 31 October 2015 6,399