Abbreviated Company Accounts - ICE BAR CAFE LTD

Registered Number 06951350

ICE BAR CAFE LTD

Abbreviated Accounts

31 July 2015

ICE BAR CAFE LTD Registered Number 06951350

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,147	9,585
		8,147	9,585
Current assets
Stocks		3,932	3,800
Cash at bank and in hand		2,916	4,642
		6,848	8,442
Creditors: amounts falling due within one year		(14,528)	(10,717)
Net current assets (liabilities)		(7,680)	(2,275)
Total assets less current liabilities		467	7,310
Creditors: amounts falling due after more than one year		(40,158)	(41,066)
Total net assets (liabilities)		(39,691)	(33,756)
Capital and reserves
Called up share capital		8,500	8,500
Profit and loss account		(48,191)	(42,256)
Shareholders' funds		(39,691)	(33,756)

For the year ending 31 July 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 1 December 2015

And signed on their behalf by:
Mr M M Yousuf, Director

ICE BAR CAFE LTD Registered Number 06951350

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

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and with
the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers, for services provided and any goods supplied,
including VAT. The turnover and operating costs are attributable to the principal
activity of the business being that of catering.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less deprecation. Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives. The rates are as
follows:-

Fixtures & Fittings 15%
Catering Equipment 15%

Other accounting policies
Stocks and work in progress are valued at the lower of cost and net realisable value
after making due allowance for obsolete and slow-moving stocks. Cost includes all
direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 August 2014	20,155
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	20,155
Depreciation
At 1 August 2014	10,570
Charge for the year	1,438
On disposals	-
At 31 July 2015	12,008
Net book values
At 31 July 2015	8,147
At 31 July 2014	9,585