Abbreviated Company Accounts - PULSE CUSTOMISED CLOTHING LIMITED

PULSE CUSTOMISED CLOTHING LIMITED - Company Information

08157703 PULSE CUSTOMISED CLOTHING LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 08157703 2015-05-01 2016-04-30 08157703 2016-04-30 08157703 2015-04-30 08157703 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08157703 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08157703

PULSE CUSTOMISED CLOTHING LIMITED

Abbreviated Accounts

30 April 2016

PULSE CUSTOMISED CLOTHING LIMITED Registered Number 08157703

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1,054	1,406
		1,054	1,406
Current assets
Stocks		2,001	2,565
Debtors		5,949	3,516
Cash at bank and in hand		520	7,362
		8,470	13,443
Creditors: amounts falling due within one year		(8,129)	(7,336)
Net current assets (liabilities)		341	6,107
Total assets less current liabilities		1,395	7,513
Total net assets (liabilities)		1,395	7,513
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		1,394	7,512
Shareholders' funds		1,395	7,513

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 January 2017

And signed on their behalf by:
H Bullock, Director

PULSE CUSTOMISED CLOTHING LIMITED Registered Number 08157703

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving stock, obsolete and damaged stock where net realisable value is less than cost.

2Intangible fixed assets

	£
Cost
At 1 May 2015	2,261
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	2,261
Amortisation
At 1 May 2015	855
Charge for the year	352
On disposals	-
At 30 April 2016	1,207
Net book values
At 30 April 2016	1,054
At 30 April 2015	1,406

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1