Ruby's Food & Wine Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04197835 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2015

for

RUBY'S FOOD & WINE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

Mr S Jegatheesan

REGISTERED OFFICE:

52 High Street

Southall

Middlesex

UB1 3DB

REGISTERED NUMBER:

04197835 (England and Wales)

ACCOUNTANTS:

A M Management Consultants Limited

45 Chandos Avenue

Southgate

London

N14 7ES

FIXED ASSETS

Intangible assets

2

100,000

100,000

Tangible assets

3

8,898

11,123

108,898

111,123

CURRENT ASSETS

Stocks

21,600

32,500

Prepayments and accrued income

2,315

2,315

23,915

34,815

CREDITORS

Amounts falling due within one year

(122,028

)

(148,613

)

NET CURRENT LIABILITIES

(98,113

)

(113,798

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,785

(2,675

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

10,685

(2,775

)

SHAREHOLDERS' FUNDS

10,785

(2,675

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 28 October 2015 and were signed by:

Mr S Jegatheesan - 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 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

100,000

NET BOOK VALUE

At 30 April 2015

100,000

At 30 April 2014

100,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

38,787

DEPRECIATION

At 1 May 2014

27,664

Charge for year

2,225

At 30 April 2015

29,889

NET BOOK VALUE

At 30 April 2015

8,898

At 30 April 2014

11,123

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary

£1

100

100