Company Registration No. 05081464 (England and Wales)
MAQUILLAGE LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
MAQUILLAGE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
MAQUILLAGE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
Current assets
Debtors
100
100
Creditors: amounts falling due within one year
(28,526)
(28,526)
Total assets less current liabilities
(28,426)
(28,426)
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
(28,526)
(28,526)
Shareholders' funds
(28,426)
(28,426)
Audit exemption statement
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 24 November 2016
J Tatham-Banks
Director
Company Registration No. 05081464
MAQUILLAGE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The company meets its day to day working capital requirements through a loan from a director. The director has indicated his willingness to continue to support the company for the foreseeable future and to enable it to meet its liabilities as they fall due.
On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by the director.
1.2
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
3
Ultimate parent company
The ultimate parent company is JB Fragrances Limited, a company registered in England and Wales.
JB Fragrances Limited and its subsidiary undertaking comprise a small-sized group and is exempt from the requirement to prepare group accounts.