FRELLA_FOODS_LIMITED - Accounts

FRELLA FOODS LIMITED - Company Information

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Company Registration No. 08900979 (England and Wales)

FRELLA FOODS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2015

FRELLA FOODS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

FRELLA FOODS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2015

- 1 -

2015

Notes

Fixed assets

Tangible assets

5,038

Current assets

Debtors

29,459

Cash at bank and in hand

1,753

31,212

Creditors: amounts falling due within one year

(31,101)

Net current assets

111

Total assets less current liabilities

5,149

Creditors: amounts falling due after more than one year

(3,717)

Provisions for liabilities

(1,008)

424

Capital and reserves

Called up share capital

100

Profit and loss account

324

Shareholders' funds

424

For the financial Period ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 18 May 2015

Mr K A Land

Director

Company Registration No. 08900979

FRELLA FOODS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 28 FEBRUARY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 18 February 2014

Additions

6,620

At 28 February 2015

6,620

Depreciation

At 18 February 2014

Charge for the period

1,582

At 28 February 2015

1,582

Net book value

At 28 February 2015

5,038

FRELLA FOODS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 28 FEBRUARY 2015

- 3 -

Share capital

2015

Allotted, called up and fully paid

100 ordinary shares of £1 each

100