V & A Textiles Ltd formerly CLP Supplies - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08378530 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 28 January 2013 to 31 January 2014

for

V & A TEXTILES LTD FORMERLY CLP SUPPLIES

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

Mrs S Sirpal

V K Sirpal

SECRETARY:

REGISTERED OFFICE:

Unit 5 Park Rose Industrial Estate

Middlemore Road

Smethwick

West Midlands

B66 2DZ

REGISTERED NUMBER:

08378530 (England and Wales)

ACCOUNTANTS:

CHEADLES

Chartered Accountants

Telegraph House

59 Wolverhampton Road

Stafford

Staffordshire

ST17 4AW

CURRENT ASSETS

Debtors

65,197

Cash at bank

9,528

74,725

CREDITORS

Amounts falling due within one year

74,842

NET CURRENT LIABILITIES

(117

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(117

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(217

)

SHAREHOLDERS' FUNDS

(117

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 October 2014 and were signed on its behalf by:

V K Sirpal - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have agreed not to withdraw all of their loan to the company in the short term, they therefore

consider that the company has adequate resources to continue in business for the foreseeable future. It is

therefore appropriate to adopt the going concern basis in preparing these accounts.

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.

Deferred tax

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

balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of V & A Textiles Ltd formerly CLP Supplies for the period ended 31 January 2014 which

comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of V & A Textiles Ltd formerly CLP Supplies, as a body, in

accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the

financial statements of V & A Textiles Ltd formerly CLP Supplies and state those matters that we have agreed to state

to the Board of Directors of V & A Textiles Ltd formerly CLP Supplies, as a body, in this report in accordance with

AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that V & A Textiles Ltd formerly CLP Supplies has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss

of V & A Textiles Ltd formerly CLP Supplies. You consider that V & A Textiles Ltd formerly CLP Supplies is exempt

from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of V & A Textiles Ltd

formerly CLP Supplies. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

CHEADLES

Chartered Accountants

Telegraph House

59 Wolverhampton Road

Stafford

Staffordshire

ST17 4AW

28 October 2014