Company Registration No. 08090202 (England and Wales)
Apple Tree Cake Design Limited
Unaudited accounts
for the year ended 31 May 2017
Apple Tree Cake Design Limited
Unaudited accounts
Contents
Apple Tree Cake Design Limited
Company Information
for the year ended 31 May 2017
Directors
Rebecca Allen-Pugh
Michael Allen-Pugh
Company Number
08090202 (England and Wales)
Registered Office
2 Wood View
Tiptree
Colchester
Essex
CO5 0DF
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
Apple Tree Cake Design Limited
Statement of financial position
as at
31 May 2017
Cash at bank and in hand
2,728
2,446
Creditors: amounts falling due within one year
(12,177)
(13,977)
Net current liabilities
(8,903)
(8,194)
Net liabilities
(8,627)
(7,810)
Called up share capital
2
2
Profit and loss account
(8,629)
(7,812)
Shareholders' funds
(8,627)
(7,810)
For the year ending 31 May 2017 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 directors acknowledge their 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.
Approved by the Board on 13 February 2018.
Rebecca Allen-Pugh
Director
Company Registration No. 08090202
Apple Tree Cake Design Limited
Notes to the Accounts
for the year ended 31 May 2017
Apple Tree Cake Design Limited is a private company, limited by shares, registered in England and Wales, registration number 08090202. The registered office is 2 Wood View, Tiptree, Colchester, Essex, CO5 0DF.
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.
These financial statements for the year ended 31 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
25% reducing balance
Computer equipment
3 years straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Apple Tree Cake Design Limited
Notes to the Accounts
for the year ended 31 May 2017
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2016
898
73
971
At 31 May 2017
898
73
971
At 1 June 2016
563
24
587
Charge for the year
84
24
108
At 31 May 2017
647
48
695
At 31 May 2017
251
25
276
At 31 May 2016
335
49
384
7
Creditors: amounts falling due within one year
2017
2016
Loans from directors
9,167
7,587
Deferred income
2,195
5,790
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).