Abbreviated Company Accounts - FESTUCA LTD

07708201 FESTUCA LTD 2014-12-31 false 2014-01-01 2014-12-31 true 07708201 2014-01-01 2014-12-31 07708201 2014-12-31 07708201 2013-12-31 07708201 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 07708201 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 07708201

FESTUCA LTD

Abbreviated Accounts

31 December 2014

FESTUCA LTD Registered Number 07708201

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	89,119	122,003
Tangible assets	3	1,530	4,081
		90,649	126,084
Current assets
Stocks		2,060	2,490
Debtors		8,992	8,777
Cash at bank and in hand		26,836	26,129
		37,888	37,396
Creditors: amounts falling due within one year		(75,137)	(94,056)
Net current assets (liabilities)		(37,249)	(56,660)
Total assets less current liabilities		53,400	69,424
Creditors: amounts falling due after more than one year		(51,547)	(68,565)
Provisions for liabilities		(306)	(816)
Total net assets (liabilities)		1,547	43
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		1,545	41
Shareholders' funds		1,547	43

For the year ending 31 December 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 27 March 2015

And signed on their behalf by:
T McNulty, Director
P Smith, Director

FESTUCA LTD Registered Number 07708201

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover shown in the profit and loss account represents amounts invoiced during the year exclusive of VAT.

Tangible assets depreciation policy
Plant & machinery - 33% straight line
Motor vehicles - 33% straight line
Office equipment - 33% straight line

Intangible assets amortisation policy
Goodwill - 5 years straight line
Franchise lease - 7 years straight line

Other accounting policies
CREDITORS : amounts falling due after more than one year
The following liabilities disclosed under creditors falling due after more than one year are secured by the company:
Bank loans and overdrafts 2014 - £51,547 2013 - £0

The business loan is secured on the property at 31 Norbeck Road, Warmsworth in South Yorkshire.

2Intangible fixed assets

	£
Cost
At 1 January 2014	167,277
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	167,277
Amortisation
At 1 January 2014	45,274
Charge for the year	32,884
On disposals	-
At 31 December 2014	78,158
Net book values
At 31 December 2014	89,119
At 31 December 2013	122,003

3Tangible fixed assets

	£
Cost
At 1 January 2014	16,319
Additions	1,569
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	17,888
Depreciation
At 1 January 2014	12,238
Charge for the year	4,120
On disposals	-
At 31 December 2014	16,358
Net book values
At 31 December 2014	1,530
At 31 December 2013	4,081

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2