First Steps Babywear (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05995852 (England and Wales)

Abbreviated Accounts for the Year Ended 30 November 2014

for

First Steps Babywear (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr J S Kudhail

SECRETARY:

Mr J S Kudhail

REGISTERED OFFICE:

50 Bradford Street

Walsall

West Midlands

WS1 3QD

REGISTERED NUMBER:

05995852 (England and Wales)

ACCOUNTANTS:

Nielsens

Chartered Accountants

The Gatehouse

453 Cranbrook Road

Ilford

Essex

IG2 6EW

BANKERS:

Natwest Bank Plc

Walsall Branch

33 Park Street

Walsall

WS1 1ER

FIXED ASSETS

Tangible assets

2

13,455

15,347

CURRENT ASSETS

Debtors

806

3,310

Cash at bank and in hand

23,981

81,160

24,787

84,470

CREDITORS

Amounts falling due within one year

17,255

102,814

NET CURRENT ASSETS/(LIABILITIES)

7,532

(18,344

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,987

(2,997

)

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

20,787

(3,197

)

SHAREHOLDERS' FUNDS

20,987

(2,997

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 July 2015 and were signed by:

Mr J S Kudhail - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Tangible fixed assets

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

Fixtures, fittings & equipment

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

28,091

Additions

482

At 30 November 2014

28,573

DEPRECIATION

At 1 December 2013

12,744

Charge for year

2,374

At 30 November 2014

15,118

NET BOOK VALUE

At 30 November 2014

13,455

At 30 November 2013

15,347

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

200

Ordinary

£1

200

200