Carr's Scotch Beef Shop Limited
|
Registered Number
:
07828118
|
For the year ended 31 October 2016
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2016
Carr's Scotch Beef Shop Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Carr's Scotch Beef Shop Limited
Statement of Financial Position
2015
2016
Property
,
plant and equipment
|
11,742
15,050
2
11,742
15,050
3,888
2,983
Trade and other receivables
|
303
311
11,599
Cash and cash equivalents
|
13,013
16,307
15,790
Trade and other payables
:
amounts falling due within one
|
year
|
(10,729)
(7,887)
3
5,061
8,420
Net current assets
Total assets less current liabilities
|
20,162
20,111
20,162
Net assets
20,111
1
1
20,161
20,110
20,162
20,111
Shareholders' funds
For the year ended 31 October 2016 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 of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 18 March 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 October 2016
Carr's Scotch Beef Shop Limited
Notes to the Financial Statements
Statutory Information
Carr
'
s Scotch Beef Shop Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
07828118
.
|
Principal place of business
:
|
566 Blackburn Road
Bolton
BL1 7AL
103 Bradley House
Radcliffe Moor Road
Bolton
Lancs
BL2 6RT
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 October 2016
Carr's Scotch Beef Shop Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
41,906
3,885
33,196
4,825
4,825
33,196
3,885
41,906
Provision for depreciation and impairment
|
26,856
1,857
22,693
2,306
Charge for year
3,308
304
2,626
378
30,164
2,161
25,319
2,684
2,141
7,877
1,724
11,742
2,519
10,503
2,028
15,050
3
.
Trade and other payables
:
amounts falling due within one year
|
2015
2016
6,565
6,472
Taxation and social security
|
1,043
3,257
279
1,000
7,887
10,729
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