Hart's Food & Events Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08270467 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

FOR

HART'S FOOD & EVENTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Hart

S Hart

REGISTERED OFFICE:

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

West Midlands

CV3 4GA

REGISTERED NUMBER:

08270467 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Intangible assets

2

6,000

8,000

Tangible assets

3

6,481

8,657

12,481

16,657

CURRENT ASSETS

Debtors

653

1,371

Cash at bank and in hand

21,307

28,235

21,960

29,606

CREDITORS

Amounts falling due within one year

4

29,752

40,034

NET CURRENT LIABILITIES

(7,792

)

(10,428

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,689

6,229

CREDITORS

Amounts falling due after more than one year

4

-

3,108

NET ASSETS

4,689

3,121

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

4,589

3,021

SHAREHOLDERS' FUNDS

4,689

3,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24 July 2015 and were signed on its behalf by:

S Hart - 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 2013, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

10,000

AMORTISATION

At 1 November 2013

2,000

Amortisation for year

2,000

At 31 October 2014

4,000

NET BOOK VALUE

At 31 October 2014

6,000

At 31 October 2013

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

11,226

DEPRECIATION

At 1 November 2013

2,569

Charge for year

2,176

At 31 October 2014

4,745

NET BOOK VALUE

At 31 October 2014

6,481

At 31 October 2013

8,657

4.

CREDITORS

Creditors include an amount of £ 3,108 (2013 - £ 6,499 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100