|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Fashion Direct South West Limited |
|
Unaudited Financial Statements |
|
for the Year Ended 31st January 2018 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
Fashion Direct South West Limited |
|
Unaudited Financial Statements |
|
for the Year Ended 31st January 2018 |
|
|
|
|
|
Fashion Direct South West Limited (Registered number: 04168809) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 31st January 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
Fashion Direct South West Limited |
|
Company Information |
for the Year Ended 31st January 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
12 Southgate Street |
LAUNCESTON |
Cornwall |
PL15 9DP |
Fashion Direct South West Limited (Registered number: 04168809) |
|
Statement of Financial Position |
31st January 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors | 5 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CREDITORS |
Amounts falling due after more than one
year |
7 |
( |
) |
( |
) |
|
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
|
|
|
|
|
The director acknowledges his 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. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
Fashion Direct South West Limited (Registered number: 04168809) |
|
Notes to the Financial Statements |
for the Year Ended 31st January 2018 |
|
1. | STATUTORY INFORMATION |
|
Fashion Direct South West Limited is a private company, limited by shares, registered in England. The |
company's registered number, registered address and principal place of business can be found on the Company |
Information page. |
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Plant and machinery | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
|
Depreciation has been applied and pro-rated from the month in which the acquisition took place. |
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
|
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
|
|
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor |
machinery | fittings | vehicles | Totals |
£ | £ | £ | £ |
COST |
At 1st February 2017 |
|
|
|
|
Additions |
|
|
|
|
At 31st January 2018 |
|
|
|
|
DEPRECIATION |
At 1st February 2017 |
|
|
|
|
Charge for year |
|
|
|
|
At 31st January 2018 |
|
|
|
|
NET BOOK VALUE |
At 31st January 2018 |
|
|
|
|
At 31st January 2017 |
|
|
|
|
Fashion Direct South West Limited (Registered number: 04168809) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31st January 2018 |
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
|
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Other creditors |
|
|
|
8. | LEASING AGREEMENTS |
|
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2018 | 2017 |
£ | £ |
Between one and five years |
|
|
In more than five years |
|
|
|
|
|
9. | RELATED PARTY DISCLOSURES |
|
Kingscott Property Company Ltd
is the
parent company
of Fashion Direct South West Ltd, during the year the
company rented property from Kingscott Property Company Ltd at a cost of £20,000. At the year end Kingscott Property Company Ltd was owed £221,315 (2017 - £203,110) by the company. |
|
During the year there were transactions with Beach Crew Limited and at the year end Beach Crew Limited owed |
£654 (2017 - £371) to the company. |
|
Mr N Kingscott is the sole director of all companies mentioned above. |