DOUBLE HAPPINESS LIMITED

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03262304

		2018		2017
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	5	3,000		3,648
Debtors	6	532		1,912
Cash at bank and in hand		2,026		14,668

		5,558		20,228
Creditors: Amounts Falling Due Within One Year	7	-		(4,425 )

NET CURRENT ASSETS (LIABILITIES)			5,558		15,803

TOTAL ASSETS LESS CURRENT LIABILITIES			5,558		15,803

Creditors: Amounts Falling Due After More Than One Year	8		(307,302 )		(288,984 )

NET ASSETS			(301,744 )		(273,181 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(301,746 )		(273,183 )

SHAREHOLDERS' FUNDS			(301,744)		(273,181)

Page 1

Balance Sheet (continued)

As at 30 June 2018

For the year ending 30 June 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Jehanne de Biolley

15 March 2019

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The diretor will continue to provide loan finance for the forseeable future.

1.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

4. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2018	2017
Office and administration	1	1
Sales, marketing and distribution	1	1

	2	2

5. Stocks

	2018	2017
	£	£
Stock - finished goods	3,000	3,648

	3,000	3,648

6. Debtors

	2018	2017
	£	£
Due within one year
VAT	532	1,912

	532	1,912

Page 3

DOUBLE HAPPINESS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2018

7. Creditors: Amounts Falling Due Within One Year

	2018	2017
	£	£
Accruals and deferred income	-	4,425

	-	4,425

8. Creditors: Amounts Falling Due After More Than One Year

	2018	2017
	£	£
Directors loan account	307,302	288,984

	307,302	288,984

9. Share Capital

	2018		2017
Allotted, Called up and fully paid	2		2

10. Ultimate Controlling Party

The company's ultimate controlling party is Ms Jehanne de Biolley by virtue of her ownership of 100% of the issued share capital in the company.

11. General Information

DOUBLE HAPPINESS LIMITED Registered number 03262304 is a limited by shares company incorporated in England & Wales. The Registered Office is 41 St Peters Road, Croydon, CR0 1HN.