Abbreviated Company Accounts - TAKEOUT BRANDS WOK2 LIMITED

Abbreviated Company Accounts - TAKEOUT BRANDS WOK2 LIMITED

TAKEOUT BRANDS WOK2 LIMITED - Company Information

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Registered Number 09060865

TAKEOUT BRANDS WOK2 LIMITED

Abbreviated Accounts

31 December 2014

TAKEOUT BRANDS WOK2 LIMITED Registered Number 09060865

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014
£
Fixed assets
Intangible assets 2 37,500
Tangible assets 3 116,868
154,368
Current assets
Stocks 4,751
Debtors 33,653
Cash at bank and in hand 29,639
68,043
Creditors: amounts falling due within one year (34,011)
Net current assets (liabilities) 34,032
Total assets less current liabilities 188,400
Total net assets (liabilities) 188,400
Capital and reserves
Called up share capital 247
Share premium account 219,859
Profit and loss account (31,706)
Shareholders' funds 188,400
  • For the year ending 31 December 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 30 September 2015

And signed on their behalf by:
N BEARE, Director

TAKEOUT BRANDS WOK2 LIMITED Registered Number 09060865

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

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

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

Intangible assets amortisation policy
Intangible assets are valued at cost less accumulated amortisation.

2Intangible fixed assets
£
Cost
Additions 37,500
Disposals -
Revaluations -
Transfers -
At 31 December 2014 37,500
Amortisation
Charge for the year -
On disposals -
At 31 December 2014 -
Net book values
At 31 December 2014 37,500
3Tangible fixed assets
£
Cost
Additions 127,492
Disposals -
Revaluations -
Transfers -
At 31 December 2014 127,492
Depreciation
Charge for the year 10,624
On disposals -
At 31 December 2014 10,624
Net book values
At 31 December 2014 116,868