Salcombe Finest Limited - Limited company - abbreviated - 11.6
Salcombe Finest Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 May 2014 |
| for |
| Salcombe Finest Limited |
| Salcombe Finest Limited (Registered number: 07651551) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 May 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Salcombe Finest Limited |
| Company Information |
| for the Year Ended 31 May 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Salcombe Finest Limited (Registered number: 07651551) |
| Abbreviated Balance Sheet |
| 31 May 2014 |
| 31.5.14 | 31.5.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges her responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| The financial statements were approved by the director on |
| Salcombe Finest Limited (Registered number: 07651551) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 May 2014 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the balance sheet date, the company's liabilities exceeded its assets. The director has undertaken to continue to |
| provide financial support to the company for a period of at least twelve months from the date of signing this |
| report. Consequently, the director considers it appropriate to prepare these financial statements on the going |
| concern basis. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover comprises of commission earned on holiday lets arranged by the company, commission is recognised |
| once the letting has been completed, plus sales of crab products and income from administrative services. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 May 2014 |
| DEPRECIATION |
| Charge for year |
| At 31 May 2014 |
| NET BOOK VALUE |
| At 31 May 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.14 | 31.5.13 |
| value: | £ | £ |
| Ordinary | £1 |