Abbreviated Company Accounts - FOOD LORDS (UK) LIMITED

FOOD LORDS (UK) LIMITED - Company Information

06256519 FOOD LORDS (UK) LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 06256519 2014-06-01 2015-05-31 06256519 2015-05-31 06256519 2014-05-31 06256519 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 06256519 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 06256519

FOOD LORDS (UK) LIMITED

Abbreviated Accounts

31 May 2015

FOOD LORDS (UK) LIMITED Registered Number 06256519

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	70,958	94,609
		70,958	94,609
Current assets
Stocks		227,705	212,069
Debtors		481,552	423,720
Cash at bank and in hand		144,625	118,544
		853,882	754,333
Creditors: amounts falling due within one year		(171,627)	(348,160)
Net current assets (liabilities)		682,255	406,173
Total assets less current liabilities		753,213	500,782
Creditors: amounts falling due after more than one year		(314,092)	(113,848)
Total net assets (liabilities)		439,121	386,934
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		438,121	385,934
Shareholders' funds		439,121	386,934

For the year ending 31 May 2015 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 17 October 2015

And signed on their behalf by:
G Bogadala, Director

FOOD LORDS (UK) LIMITED Registered Number 06256519

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at 25% on reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 June 2014	148,836
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	148,836
Depreciation
At 1 June 2014	54,227
Charge for the year	23,651
On disposals	-
At 31 May 2015	77,878
Net book values
At 31 May 2015	70,958
At 31 May 2014	94,609

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000