Abbreviated Company Accounts - MEDITERRANEAN FOOD & WINE LIMITED

MEDITERRANEAN FOOD & WINE LIMITED - Company Information

07226333 MEDITERRANEAN FOOD & WINE LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 07226333 2013-05-01 2014-04-30 07226333 2014-04-30 07226333 2013-04-30 07226333 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 07226333 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 07226333

MEDITERRANEAN FOOD & WINE LIMITED

Abbreviated Accounts

30 April 2014

MEDITERRANEAN FOOD & WINE LIMITED Registered Number 07226333

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,952	2,602
		1,952	2,602
Current assets
Debtors		4,000	3,915
Cash at bank and in hand		2,070	2,925
		6,070	6,840
Creditors: amounts falling due within one year		(44,738)	(15,611)
Net current assets (liabilities)		(38,668)	(8,771)
Total assets less current liabilities		(36,716)	(6,169)
Creditors: amounts falling due after more than one year		(60,305)	(60,304)
Total net assets (liabilities)		(97,021)	(66,473)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(97,022)	(66,474)
Shareholders' funds		(97,021)	(66,473)

For the year ending 30 April 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 August 2014

And signed on their behalf by:
FERGUS KILLORAN, Director

MEDITERRANEAN FOOD & WINE LIMITED Registered Number 07226333

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the total invoice value, excluding value added tax, of sales made during
the year and derives from the provision of services falling within the company's ordinary
activities. Turnover represents the value of work done during the year, including amounts for
work in progress not invoiced.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings
and equipment - 25% Reducing balance method

Valuation information and policy
Work in progress
Work in progress is valued at the actual invoice value of work completed as at the year end and subsequently invoiced.

Other accounting policies
Going concern
Until the company is able to finance its activities from retained profits, it is dependent, in the
absence of other funds, on the support of its director. The director has undertaken to provide
financial support for a period of twelve months from the date of approval of the accounts. On
the basis, the director considers it appropriate to prepare the financial statements on a going
concern basis.

2Tangible fixed assets

	£
Cost
At 1 May 2013	5,041
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	5,041
Depreciation
At 1 May 2013	2,439
Charge for the year	650
On disposals	-
At 30 April 2014	3,089
Net book values
At 30 April 2014	1,952
At 30 April 2013	2,602

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1