Abbreviated Company Accounts - ZAK'S CAFE LIMITED

Abbreviated Company Accounts - ZAK'S CAFE LIMITED

ZAK'S CAFE LIMITED - Company Information

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Registered Number 08111100

ZAK'S CAFE LIMITED

Abbreviated Accounts

31 August 2014

ZAK'S CAFE LIMITED Registered Number 08111100

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 3 348,817 359,442
348,817 359,442
Current assets
Stocks 1,000 1,000
Debtors 33 26
Cash at bank and in hand 23,866 34,241
24,899 35,267
Creditors: amounts falling due within one year (7,183) (15,977)
Net current assets (liabilities) 17,716 19,290
Total assets less current liabilities 366,533 378,732
Creditors: amounts falling due after more than one year (395,555) (395,555)
Total net assets (liabilities) (29,022) (16,823)
Reserves
Income and expenditure account (29,022) (16,823)
Members' funds (29,022) (16,823)
  • For the year ending 31 August 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 10 November 2014

And signed on their behalf by:
Neil Hadkiss, Director

ZAK'S CAFE LIMITED Registered Number 08111100

Notes to the Abbreviated Accounts for the period ended 31 August 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.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings 2% on cost. Plant & Equipment 10% to 20% on cost.

Valuation information and policy
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets
£
Cost
At 1 September 2013 366,579
Additions 3,925
Disposals -
Revaluations -
Transfers -
At 31 August 2014 370,504
Depreciation
At 1 September 2013 7,137
Charge for the year 14,550
On disposals -
At 31 August 2014 21,687
Net book values
At 31 August 2014 348,817
At 31 August 2013 359,442