TASTE OF EUROPE 4 YOU LTD

TASTE OF EUROPE 4 YOU LTD

TASTE OF EUROPE 4 YOU LTD - Company Information

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TASTE OF EUROPE 4 YOU LTD

Company Registration Number:
SC505499 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2018

Period of accounts

Start date: 01 June 2017

End date: 31 May 2018

TASTE OF EUROPE 4 YOU LTD

Contents of the Financial Statements

for the Period Ended 31 May 2018

Balance sheet
Notes

TASTE OF EUROPE 4 YOU LTD

Balance sheet

As at 31 May 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 29,560 37,968
Total fixed assets: 29,560 37,968
Current assets
Stocks: 73,120 75,706
Debtors:   24,666 31,713
Cash at bank and in hand: 12,989 12,664
Total current assets: 110,775 120,083
Creditors: amounts falling due within one year:   (101,286) (159,410)
Net current assets (liabilities): 9,489 (39,327)
Total assets less current liabilities: 39,049 (1,359)
Provision for liabilities: (1,620)
Total net assets (liabilities): 37,429 (1,359)
Capital and reserves
Called up share capital: 500 500
Profit and loss account: 36,929 (1,859)
Shareholders funds: 37,429 (1,359)

The notes form part of these financial statements

TASTE OF EUROPE 4 YOU LTD

Balance sheet statements

For the year ending 31 May 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 February 2019
and signed on behalf of the board by:

Name: Michal Ciemniewicz
Status: Director

The notes form part of these financial statements

TASTE OF EUROPE 4 YOU LTD

Notes to the Financial Statements

for the Period Ended 31 May 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery - 25% on cost and 20% on cost

TASTE OF EUROPE 4 YOU LTD

Notes to the Financial Statements

for the Period Ended 31 May 2018

2. Tangible Assets

Total
Cost £
At 01 June 2017 62,601
Additions 5,217
At 31 May 2018 67,818
Depreciation
At 01 June 2017 24,633
Charge for year 13,625
At 31 May 2018 38,258
Net book value
At 31 May 2018 29,560
At 31 May 2017 37,968