Abbreviated Company Accounts - NORWOOD HOUSE CHOCOLATE LIMITED

NORWOOD HOUSE CHOCOLATE LIMITED - Company Information

02325098 NORWOOD HOUSE CHOCOLATE LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 02325098 2013-06-01 2014-05-31 02325098 2014-05-31 02325098 2013-05-31 02325098 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 02325098 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 02325098

NORWOOD HOUSE CHOCOLATE LIMITED

Abbreviated Accounts

31 May 2014

NORWOOD HOUSE CHOCOLATE LIMITED Registered Number 02325098

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	76,517	76,517
Tangible assets	3	23,037	17,260
		99,554	93,777
Current assets
Stocks		12,200	8,500
Debtors	4	12,223	10,819
Cash at bank and in hand		495	-
		24,918	19,319
Creditors: amounts falling due within one year	5	(15,204)	(8,923)
Net current assets (liabilities)		9,714	10,396
Total assets less current liabilities		109,268	104,173
Creditors: amounts falling due after more than one year	5	(67,932)	(64,932)
Total net assets (liabilities)		41,336	39,241
Capital and reserves
Called up share capital	6	5	5
Share premium account		29,999	29,999
Profit and loss account		11,332	9,237
Shareholders' funds		41,336	39,241

For the year ending 31 May 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 14 February 2015

And signed on their behalf by:
D C Garnsworthy, Director

NORWOOD HOUSE CHOCOLATE LIMITED Registered Number 02325098

Notes to the Abbreviated Accounts for the period ended 31 May 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
Sales are recognised on an accruals basis

Tangible assets depreciation policy
10% net book value per annum

Intangible assets amortisation policy
Nil this year

Valuation information and policy
Stock is valued at the lower of cost and net realisable value

2Intangible fixed assets

	£
Cost
At 1 June 2013	76,517
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	76,517
Amortisation
At 1 June 2013	-
Charge for the year	-
On disposals	-
At 31 May 2014	-
Net book values
At 31 May 2014	76,517
At 31 May 2013	76,517

3Tangible fixed assets

	£
Cost
At 1 June 2013	28,062
Additions	14,512
Disposals	(8,302)
Revaluations	-
Transfers	-
At 31 May 2014	34,272
Depreciation
At 1 June 2013	10,802
Charge for the year	2,554
On disposals	(2,121)
At 31 May 2014	11,235
Net book values
At 31 May 2014	23,037
At 31 May 2013	17,260

4Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	12,223	6,267

5Creditors

	2014 £	2013 £
Secured Debts	67,932	64,932

6Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
5 Ordinary shares of £1 each	5	5