Shine Holistic Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04506501 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

SHINE HOLISTIC LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms C A Octigan

REGISTERED OFFICE:

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

REGISTERED NUMBER:

04506501 (England and Wales)

ACCOUNTANTS:

Cardens Accountants LLP

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

FIXED ASSETS

Tangible assets

2

31,149

28,887

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

67,217

63,832

Cash at bank and in hand

116,646

66,577

186,363

132,909

CREDITORS

Amounts falling due within one year

50,502

42,907

NET CURRENT ASSETS

135,861

90,002

TOTAL ASSETS LESS CURRENT LIABILITIES

167,010

118,889

CREDITORS

Amounts falling due after more than one year

-

(19,283

)

PROVISIONS FOR LIABILITIES

(1,161

)

(1,069

)

NET ASSETS

165,849

98,537

CAPITAL AND RESERVES

Called up share capital

3

6

6

Profit and loss account

165,843

98,531

SHAREHOLDERS' FUNDS

165,849

98,537

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 April 2017 and were signed by:

Ms C A Octigan - 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 January 2015).

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to

consideration.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

201,682

Additions

7,951

At 31 July 2016

209,633

DEPRECIATION

At 1 August 2015

172,795

Charge for year

5,689

At 31 July 2016

178,484

NET BOOK VALUE

At 31 July 2016

31,149

At 31 July 2015

28,887

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

6

Ordinary

£1

6

6

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES