Registration number:
trading as
Unaudited Abbreviated Accounts
for the Year Ended
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 6 ) have been prepared.
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
for the Year Ended 31 December 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Cornish Oggie Oggie Pasty Company Devon for the year ended 31 December 2014 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of The Cornish Oggie Oggie Pasty Company Devon, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Cornish Oggie Oggie Pasty Company Devon and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Cornish Oggie Oggie Pasty Company Devon and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Cornish Oggie Oggie Pasty Company Devon has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Cornish Oggie Oggie Pasty Company Devon. You consider that The Cornish Oggie Oggie Pasty Company Devon is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Cornish Oggie Oggie Pasty Company Devon. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Crest Accountants LLP
Certified Accountants
Unit 3a, Carn Brea Business Park
Wilson Way
Redruth
Cornwall
TR15 3RR
18 August 2015
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
(Registration number: 02883216)
Abbreviated Balance Sheet at 31 December 2014
Note |
2014
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2013
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Investments |
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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 |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Balance sheet suspense |
(1) |
- |
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Shareholders' funds |
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2
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
(Registration number: 02883216)
Abbreviated Balance Sheet at 31 December 2014
......... continued
Approved by the Board on
.........................................
Mr Brian Michael STANLEICK
Director
3
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Long leasehold property |
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Fixtures and fittings |
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Motor vehicles |
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Current asset investments
Stock
The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Deferred tax
Hire purchase and leasing
Financial instruments
Pensions
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 January 2014 |
132,000 |
444,918 |
576,918 |
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Additions |
14,000 |
3,356 |
17,356 |
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At 31 December 2014 |
146,000 |
448,274 |
594,274 |
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Depreciation |
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At 1 January 2014 |
51,600 |
351,392 |
402,992 |
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Charge for the year |
13,200 |
22,545 |
35,745 |
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At 31 December 2014 |
64,800 |
373,937 |
438,737 |
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Net book value |
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At 31 December 2014 |
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At 31 December 2013 |
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The Cornish Oggie Oggie Pasty Company Devon
trading as THE CORNISH OGGIE OGGIE PASTY COMPANY (DEVON) LIMITED
Notes to the Abbreviated Accounts for the Year Ended 31 December 2014
......... continued
Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
£ |
No. |
£ |
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