Company Registration No. 09803845 (England and Wales)
Affluent Attire Ltd
Unaudited accounts
for the year ended 31 October 2019
Affluent Attire Ltd
Unaudited accounts
Contents
Affluent Attire Ltd
Statement of financial position
as at
31 October 2019
Tangible assets
870
1,160
Cash at bank and in hand
15,914
9,057
Creditors: amounts falling due within one year
(20,260)
(28,167)
Net current assets
10,794
3,690
Called up share capital
100
100
Profit and loss account
11,564
4,750
Shareholders' funds
11,664
4,850
For the year ending 31 October 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 June 2020 and were signed on its behalf by
Marc Anthony Reed
Director
Company Registration No. 09803845
Affluent Attire Ltd
Notes to the Accounts
for the year ended 31 October 2019
Affluent Attire Ltd is a private company, limited by shares, registered in England and Wales, registration number 09803845. The registered office is 18 Thompsons Close, Cheshunt, Waltham Cross, Hertfordshire, EN7 5RF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Affluent Attire Ltd
Notes to the Accounts
for the year ended 31 October 2019
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Finished goods
5,723
22,800
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
5,088
3,302
Loans from directors
15,172
13,642
8
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2018: 1).