Marshalls Hair & Beauty Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08872006 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2016

FOR

MARSHALLS HAIR & BEAUTY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Jack

SECRETARY:

A J Company Formations Limited

REGISTERED OFFICE:

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

REGISTERED NUMBER:

08872006 (England and Wales)

ACCOUNTANTS:

Ashley James Limited

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

FIXED ASSETS

Tangible assets

2

6,626

7,093

CURRENT ASSETS

Stocks

2,250

2,112

Debtors

1,455

1,498

Cash at bank

6,927

3,166

10,632

6,776

CREDITORS

Amounts falling due within one year

17,124

18,963

NET CURRENT LIABILITIES

(6,492

)

(12,187

)

TOTAL ASSETS LESS CURRENT LIABILITIES

134

(5,094

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

133

(5,095

)

SHAREHOLDERS' FUNDS

134

(5,094

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 18 March 2016 and were signed by:

B Jack - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

8,345

Additions

702

At 31 January 2016

9,047

DEPRECIATION

At 1 February 2015

1,252

Charge for year

1,169

At 31 January 2016

2,421

NET BOOK VALUE

At 31 January 2016

6,626

At 31 January 2015

7,093

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/1/16

31/1/15

value:

£

£

1

ORDINARY

£1

1

1