Theatre of Wine Limited
|
Registered number: |
04415443
|
Abbreviated Balance Sheet |
as at 30 April 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
8,337 |
|
|
10,447 |
|
Current assets |
Stocks |
|
|
189,485 |
|
|
166,950 |
Debtors |
|
|
63,478 |
|
|
55,936 |
Cash at bank and in hand |
|
|
40,696 |
|
|
40,383 |
|
|
|
293,659 |
|
|
263,269 |
|
Creditors: amounts falling due within one year |
|
|
(137,832) |
|
|
(136,225) |
|
Net current assets |
|
|
|
155,827 |
|
|
127,044 |
|
Net assets |
|
|
|
164,164 |
|
|
137,491 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
164,064 |
|
|
137,391 |
|
Shareholders' funds |
|
|
|
164,164 |
|
|
137,491 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Daniel Illsley |
Director |
Approved by the board on 13 January 2016
|
|
Theatre of Wine Limited
|
Notes to the Abbreviated Accounts |
for the year ended 30 April 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods and services provided to customers in the normal course of business.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Machinery and equipment |
25% reducing balance
|
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value, after making provision for obsolete or slow moving items. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 May 2014 |
45,085 |
|
Additions |
669 |
|
At 30 April 2015 |
45,754 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2014 |
34,638 |
|
Charge for the year |
2,779 |
|
At 30 April 2015 |
37,417 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2015 |
8,337 |
|
At 30 April 2014 |
10,447 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|