Dorincourt Shoes Limited - Accounts to registrar (filleted) - small 18.2

Dorincourt Shoes Limited - Accounts to registrar (filleted) - small 18.2

DORINCOURT SHOES LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.3.0.590 02186795 Board of Directors 1.2.17 31.1.18 31.1.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure021867952017-01-31021867952018-01-31021867952017-02-012018-01-31021867952016-01-31021867952016-02-012017-01-31021867952017-01-3102186795ns15:EnglandWales2017-02-012018-01-3102186795ns14:PoundSterling2017-02-012018-01-3102186795ns10:Director12017-02-012018-01-3102186795ns10:PrivateLimitedCompanyLtd2017-02-012018-01-3102186795ns10:SmallEntities2017-02-012018-01-3102186795ns10:AuditExempt-NoAccountantsReport2017-02-012018-01-3102186795ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-3102186795ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-3102186795ns10:AbridgedAccounts2017-02-012018-01-310218679512017-02-012018-01-3102186795ns10:Director22017-02-012018-01-3102186795ns10:RegisteredOffice2017-02-012018-01-3102186795ns5:CurrentFinancialInstruments2018-01-3102186795ns5:CurrentFinancialInstruments2017-01-3102186795ns5:ShareCapital2018-01-3102186795ns5:ShareCapital2017-01-3102186795ns5:RetainedEarningsAccumulatedLosses2018-01-3102186795ns5:RetainedEarningsAccumulatedLosses2017-01-3102186795ns5:IntangibleAssetsOtherThanGoodwill2017-02-012018-01-3102186795ns5:PatentsTrademarksLicencesConcessionsSimilar2017-02-012018-01-3102186795ns5:LandBuildingsns5:ShortLeaseholdAssets2017-02-012018-01-3102186795ns5:FurnitureFittings2017-02-012018-01-3102186795ns5:BetweenOneFiveYears2018-01-3102186795ns5:BetweenOneFiveYears2017-01-3102186795ns5:MoreThanFiveYears2018-01-3102186795ns5:MoreThanFiveYears2017-01-3102186795ns5:AllPeriods2018-01-3102186795ns5:AllPeriods2017-01-31


REGISTERED NUMBER: 02186795 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2018

for

Dorincourt Shoes Limited
Dorincourt Shoes Limited (Registered number: 02186795)






Contents of the Financial Statements
for the Year Ended 31 January 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Dorincourt Shoes Limited

Company Information
for the Year Ended 31 January 2018







DIRECTORS: Mr P M Bond
Mrs G C Bond





REGISTERED OFFICE: 62 Wilson Street
London
EC2A 2BU





REGISTERED NUMBER: 02186795 (England and Wales)





ACCOUNTANTS: A4G LLP
Kings Lodge
London Road
West Kingsdown
Sevenoaks
Kent
TN15 6AR
Page 1
Dorincourt Shoes Limited (Registered number: 02186795)

Abridged Balance Sheet
31 January 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 25,741 28,601
Tangible assets 6 - -
25,741 28,601

CURRENT ASSETS
Stocks 117,235 140,799
Debtors 239,892 212,702
Cash at bank and in hand 76,053 52,643
433,180 406,144
CREDITORS
Amounts falling due within one year 155,152 180,978
NET CURRENT ASSETS 278,028 225,166
TOTAL ASSETS LESS CURRENT
LIABILITIES
303,769
253,767

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 303,767 253,765
SHAREHOLDERS' FUNDS 303,769 253,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

1 the Board of Directors on 30 October 2018 and were signed on its behalf by:





Mr P M Bond - Director


The notes form part of these financial statements

Page 2
Dorincourt Shoes Limited (Registered number: 02186795)

Notes to the Financial Statements
for the Year Ended 31 January 2018

1. STATUTORY INFORMATION

Dorincourt Shoes 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of good in the ordinary
course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that
future economic benefits will flow to the entity and when specific criteria have been met for each of the
company's activities as follows:

Revenue from the sale of shoes and associated accessories are recognised at the point at which the goods have
been delivered to the customer.

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.

Franchise costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Fixtures and fittings - 20% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2017 - 32 ) .

Page 3 continued...
Dorincourt Shoes Limited (Registered number: 02186795)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2017
and 31 January 2018 68,108
AMORTISATION
At 1 February 2017 39,507
Amortisation for year 2,860
At 31 January 2018 42,367
NET BOOK VALUE

At 31 January 2018 25,741
At 31 January 2017 28,601

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2017
and 31 January 2018 167,261
DEPRECIATION
At 1 February 2017
and 31 January 2018 167,261
NET BOOK VALUE
At 31 January 2018 -
At 31 January 2017 -

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2018 2017
£    £   
Between one and five years 25,500 25,500
In more than five years 43,000 43,000
68,500 68,500

8. CONTINGENT LIABILITIES

The directors, Mr P Bond and Mrs G Bond have provided personal guarantees of £460,000 against the
bank borrowings of this company and a fellow subsidiary company, Shoe Gallery (Walton) Limited.

There is a contingent element to this which relates to the bank loans owed by the parent company, Shoe Gallery
Group Limited. However, neither director believes that their guarantee would be called upon in the foreseeable
future.

9. ULTIMATE CONTROLLING PARTY

During the period, the company was under the control of the parent company, Shoe Gallery Group Limited.

Page 4