REGISTERED NUMBER: 05698535 (England and Wales)

Unaudited Financial Statements

for the Year Ended 29 February 2016

for

Shoe Mad Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J A Roberts

REGISTERED OFFICE:

66 Outram Street

Sutton in Ashfield

Nottinghamshire

NG17 4FS

REGISTERED NUMBER:

05698535 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Tangible assets

4

10,211

13,589

CURRENT ASSETS

Stocks

43,150

62,350

Debtors: amounts falling due within one year

5

6,716

5,604

Cash at bank and in hand

34,861

22,277

84,727

90,231

CREDITORS

Amounts falling due within one year

6

(51,101

)

(58,094

)

NET CURRENT ASSETS

33,626

32,137

TOTAL ASSETS LESS CURRENT LIABILITIES

43,837

45,726

CREDITORS

Amounts falling due after more than one year

7

(5,246

)

(8,163

)

PROVISIONS FOR LIABILITIES

(2,042

)

(2,718

)

NET ASSETS

36,549

34,845

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

36,449

34,745

SHAREHOLDERS' FUNDS

36,549

34,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director on 30 June 2016 and were signed by:

Miss J A Roberts - Director

1.	STATUTORY INFORMATION

Shoe Mad 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 25% 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.

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2015

and 29 February 2016

26,998

DEPRECIATION

At 1 March 2015

13,409

Charge for year

3,378

At 29 February 2016

16,787

NET BOOK VALUE

At 29 February 2016

10,211

At 28 February 2015

13,589

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2015

and 29 February 2016

15,694

DEPRECIATION

At 1 March 2015

6,866

Charge for year

2,207

At 29 February 2016

9,073

NET BOOK VALUE

At 29 February 2016

6,621

At 28 February 2015

8,828

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.16

28.2.15

£

£

Other debtors

6,716

5,604

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.16

28.2.15

£

£

Hire purchase contracts

2,916

2,916

Trade creditors

1,881

2,689

Taxation and social security

11,656

11,248

Other creditors

34,648

41,241

51,101

58,094

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.2.16

28.2.15

£

£

Hire purchase contracts

5,246

8,163

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.2.16

28.2.15

value:

£

£

100

A Ordinary

£1

100

100

9.	CONTROLLING INTEREST

The company is controlled by the sole shareholder and director, Miss J A Roberts.