Bristol Curtain Shop Limited - Accounts to registrar - small 17.2

Bristol Curtain Shop Limited - Accounts to registrar - small 17.2

BRISTOL CURTAIN SHOP LIMITED - Company Information

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REGISTERED NUMBER: 05313275 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2017

for

Bristol Curtain Shop Limited

Bristol Curtain Shop Limited (Registered number: 05313275)

Contents of the Financial Statements
for the Year Ended 31 January 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bristol Curtain Shop Limited

Company Information
for the Year Ended 31 January 2017







DIRECTORS: S Durlacher
Mrs C Durlacher





SECRETARY: Mrs C Durlacher





REGISTERED OFFICE: 30/31 St James Place
Mangotsfield
Bristol
South Glos.
BS16 9JB





REGISTERED NUMBER: 05313275 (England and Wales)





ACCOUNTANTS: Copson Grandfield
30/31 St James Place
Mangotsfield
Bristol
South Glos.
BS16 9JB
Page 1
Bristol Curtain Shop Limited (Registered number: 05313275)

Balance Sheet
31 January 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 32,846 33,879
32,846 33,879

CURRENT ASSETS
Stocks 21,321 42,405
Debtors 6 15,560 5,289
Cash at bank and in hand 63,053 34,839
99,934 82,533
CREDITORS
Amounts falling due within one year 7 77,804 88,163
NET CURRENT ASSETS/(LIABILITIES) 22,130 (5,630 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
54,976
28,249

PROVISIONS FOR LIABILITIES 619 826
NET ASSETS 54,357 27,423

CAPITAL AND RESERVES
Called up share capital 420 400
Retained earnings 53,937 27,023
SHAREHOLDERS' FUNDS 54,357 27,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 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 notes form part of these financial statements

Page 2 continued...
Bristol Curtain Shop Limited (Registered number: 05313275)

Balance Sheet - continued
31 January 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 17 May 2017 and were signed on its behalf by:




S Durlacher - Director



Mrs C Durlacher - Director


The notes form part of these financial statements

Page 3
Bristol Curtain Shop Limited (Registered number: 05313275)

Notes to the Financial Statements
for the Year Ended 31 January 2017


1. STATUTORY INFORMATION

Bristol Curtain Shop Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,
except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 4 continued...
Bristol Curtain Shop Limited (Registered number: 05313275)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017


2. ACCOUNTING POLICIES - continued

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2016
and 31 January 2017 92,000
AMORTISATION
At 1 February 2016
and 31 January 2017 92,000
NET BOOK VALUE
At 31 January 2017 -
At 31 January 2016 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2016
and 31 January 2017 42,448
DEPRECIATION
At 1 February 2016 8,569
Charge for year 1,033
At 31 January 2017 9,602
NET BOOK VALUE
At 31 January 2017 32,846
At 31 January 2016 33,879

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Other debtors 15,560 5,289

Page 5 continued...
Bristol Curtain Shop Limited (Registered number: 05313275)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2017


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade creditors 33,222 41,908
Taxation and social security 33,854 33,642
Other creditors 10,728 12,613
77,804 88,163

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The directors.

Page 6