Registered Number 08012197
SHOEZ LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Creditors: amounts falling due after more than one year |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover policy
Tangible assets depreciation policy
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Leasing
Rentals payable under operating leases are changed against income on a straight line basis
over the lease term.
Going concern
At the balance sheet date, company had net liabilities. The company is reliant on the support
by the directors, who has lent the company a loan.
On the basis that the directors will continue to support the reporting entity for the foreseeable future, the directors consider it appropriate to prepare the financial statements on a going
concern basis.
The financial statements do not include any adjustments that would result from a withdrawal
of the support of the directors.
£ | |
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Cost | |
At 1 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 3,023 |
At 31 March 2015 | 3,556 |