THE_LAST_DROP_DISTILLERS_ - Accounts

THE LAST DROP DISTILLERS LIMITED - Company Information

Print Friendly Version

Company Registration No. 06198523 (England and Wales)

THE LAST DROP DISTILLERS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

THE LAST DROP DISTILLERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

THE LAST DROP DISTILLERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2014

- 1 -

2014

Notes

Fixed assets

Intangible assets

11,264

10,695

Current assets

Stocks

480

Debtors

121,480

37,800

Cash at bank and in hand

144,302

40,071

265,782

78,351

Creditors: amounts falling due within one year

(100,042)

(31,350)

Net current assets

165,740

47,001

Total assets less current liabilities

177,004

57,696

Capital and reserves

Called up share capital

100

Profit and loss account

176,904

57,596

Shareholders' funds

177,004

57,696

For the financial Period ended 31 December 2014 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 24 September 2015

Mr J Espey

Director

Company Registration No. 06198523

THE LAST DROP DISTILLERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2014

- 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

Turnover

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

1.3

Patents

Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

Fixed assets

Intangible assets

Cost

At 1 June 2014

28,205

Additions

2,351

At 31 December 2014

30,556

Depreciation

At 1 June 2014

17,510

Charge for the period

1,782

At 31 December 2014

19,292

Net book value

At 31 December 2014

11,264

At 31 May 2014

10,695

Share capital

2014

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100