C L Catering (Midlands) Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07081579 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

C L CATERING (MIDLANDS) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr C A Luke

REGISTERED OFFICE:

175 High Street

Brownhills

Walsall

West Midlands

WS8 6HG

REGISTERED NUMBER:

07081579 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

175 High Street

Brownhills

Walsall

West Midlands

WS8 6HG

FIXED ASSETS

Intangible assets

2

6,000

7,000

Tangible assets

3

8,840

3,702

14,840

10,702

CURRENT ASSETS

Stocks

750

725

Debtors

33,647

13,830

Cash at bank and in hand

18,185

24,140

52,582

38,695

CREDITORS

Amounts falling due within one year

64,634

47,926

NET CURRENT LIABILITIES

(12,052

)

(9,231

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,788

1,471

PROVISIONS FOR LIABILITIES

1,639

583

NET ASSETS

1,149

888

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

1,147

886

SHAREHOLDERS' FUNDS

1,149

888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 20 August 2014 and were signed by:

Mr C A Luke - Director

1.	ACCOUNTING POLICIES

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 represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

and 30 November 2013

10,000

AMORTISATION

At 1 December 2012

3,000

Amortisation for year

1,000

At 30 November 2013

4,000

NET BOOK VALUE

At 30 November 2013

6,000

At 30 November 2012

7,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

8,464

Additions

8,085

At 30 November 2013

16,549

DEPRECIATION

At 1 December 2012

4,762

Charge for year

2,947

At 30 November 2013

7,709

NET BOOK VALUE

At 30 November 2013

8,840

At 30 November 2012

3,702

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1

1

A Ordinary

£1

1

1

2

2