Abbreviated Company Accounts - CENTRAL MEAT (SMITHFIELD) LIMITED

CENTRAL MEAT (SMITHFIELD) LIMITED - Company Information

01547227 CENTRAL MEAT (SMITHFIELD) LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 01547227 2013-07-01 2014-06-30 01547227 2014-06-30 01547227 2013-06-30 01547227 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 01547227 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 01547227

CENTRAL MEAT (SMITHFIELD) LIMITED

Abbreviated Accounts

30 June 2014

CENTRAL MEAT (SMITHFIELD) LIMITED Registered Number 01547227

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	43,624	47,590
Tangible assets	3	696,318	141,752
		739,942	189,342
Current assets
Stocks		83,873	100,887
Debtors		710,251	804,405
Cash at bank and in hand		263,767	374,520
		1,057,891	1,279,812
Creditors: amounts falling due within one year		(788,797)	(1,076,705)
Net current assets (liabilities)		269,094	203,107
Total assets less current liabilities		1,009,036	392,449
Total net assets (liabilities)		1,009,036	392,449
Capital and reserves
Called up share capital	4	5,000	5,000
Revaluation reserve		580,000	0
Profit and loss account		424,036	387,449
Shareholders' funds		1,009,036	392,449

For the year ending 30 June 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 16 March 2015

And signed on their behalf by:
Mr Paul Stratis, Director

CENTRAL MEAT (SMITHFIELD) LIMITED Registered Number 01547227

Notes to the Abbreviated Accounts for the period ended 30 June 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 sales of goods net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 25% reducing balance
Fixtures, fittings & equipment 15% reducing balance
Motor vehicles 20% reducing balance

2Intangible fixed assets

	£
Cost
At 1 July 2013	99,148
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	99,148
Amortisation
At 1 July 2013	51,558
Charge for the year	3,966
On disposals	-
At 30 June 2014	55,524
Net book values
At 30 June 2014	43,624
At 30 June 2013	47,590

3Tangible fixed assets

	£
Cost
At 1 July 2013	520,398
Additions	-
Disposals	-
Revaluations	580,000
Transfers	-
At 30 June 2014	1,100,398
Depreciation
At 1 July 2013	378,646
Charge for the year	25,434
On disposals	-
At 30 June 2014	404,080
Net book values
At 30 June 2014	696,318
At 30 June 2013	141,752

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
5,000 Ordinary shares shares of £1 each	5,000	5,000