Company Registration No. 05980308 (England and Wales)
The Beeches Café Limited
Unaudited Abbreviated Financial Statements
For The Year Ended 30 April 2015
THE BEECHES CAFÉ LIMITED
The Beeches Café Limited
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2015
30 April 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,732
1,116
Current assets
Stocks
2,789
2,516
Debtors
3
28,628
30,040
Cash at bank and in hand
1,063
1,945
32,480
34,501
Creditors: amounts falling due within one year
(24,666)
(23,327)
Net current assets
7,814
11,174
Total assets less current liabilities
9,546
12,290
Creditors: amounts falling due after more than one year
(4,209)
(8,629)
Provisions for liabilities
(16)
(134)
5,321
3,527
Capital and reserves
Called up share capital
4
1
1
Profit and loss account
5,320
3,526
Shareholders' funds
5,321
3,527
THE BEECHES CAFÉ LIMITED
The Beeches Café Limited
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2015
30 April 2015
- 2 -
For the financial year ended 30 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act 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 for issue on 29 January 2016
Mr K Harley
Director
Company Registration No. 05980308
THE BEECHES CAFÉ LIMITED
The Beeches Café Limited
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2015
- 3 -
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 April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents the value, net of Value Added Tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers . Turnover is recognised when the goods are physically delivered to customers and when services are provided.
the value, net of Value Added Tax and discounts, of
goods
provided to customers
and
work carried out in respect of
services
provided to customers
.
Turnover is recognised when the goods are physically delivered to customers and when services are provided.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% straight line
Computer equipment
25% straight line
1.5
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.6
Stock
Stock is valued at the lower of cost and net realisable value
, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition. Where consignment stock is in substance an asset of the company, it is recognised as such in the balance sheet.
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
THE BEECHES CAFÉ LIMITED
The Beeches Café Limited
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2015
- 4 -
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2014
29,700
Additions
1,477
At 30 April 2015
31,177
Depreciation
At 1 May 2014
28,584
Charge for the year
861
At 30 April 2015
29,445
Net book value
At 30 April 2015
1,732
At 30 April 2014
1,116
3
Debtors
Debtors include an amount of £0 (2014 - £11,750) which is due after more than one year.
4
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary Shares of £1 each
1
1
5
Related party relationships and transactions
The following directors
current account balances existed
during the year. The movement on these loans
is
as follows:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
Mr K Harley -
-
9,110
46,769
-
46,446
9,433
9,110
46,769
-
46,446
9,433