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REGISTERED NUMBER: 05698535 (England and Wales)








Unaudited Financial Statements

for the Year Ended 29 February 2016

for

Shoe Mad Limited

Shoe Mad Limited (Registered number: 05698535)






Contents of the Financial Statements
for the Year Ended 29 February 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shoe Mad Limited

Company Information
for the Year Ended 29 February 2016







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

Shoe Mad Limited (Registered number: 05698535)

Balance Sheet
29 February 2016

29.2.16 28.2.15
Notes £    £   
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.

Shoe Mad Limited (Registered number: 05698535)

Balance Sheet - continued
29 February 2016


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


Shoe Mad Limited (Registered number: 05698535)

Notes to the Financial Statements
for the Year Ended 29 February 2016

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 .

Shoe Mad Limited (Registered number: 05698535)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2016

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

Shoe Mad Limited (Registered number: 05698535)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2016

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.