Abbreviated Company Accounts - COMPARING FOOD LIMITED

COMPARING FOOD LIMITED - Company Information

06457179 COMPARING FOOD LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 06457179 2013-01-01 2013-12-31 06457179 2013-12-31 06457179 2012-12-31 06457179 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 06457179 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 06457179

COMPARING FOOD LIMITED

Abbreviated Accounts

31 December 2013

COMPARING FOOD LIMITED Registered Number 06457179

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	30,393	32,518
Tangible assets	3	186	219
		30,579	32,737
Current assets
Debtors		406	924
Cash at bank and in hand		122	2,185
		528	3,109
Creditors: amounts falling due within one year		(16,601)	(12,282)
Net current assets (liabilities)		(16,073)	(9,173)
Total assets less current liabilities		14,506	23,564
Creditors: amounts falling due after more than one year		(417,154)	(417,334)
Total net assets (liabilities)		(402,648)	(393,770)
Capital and reserves
Called up share capital	4	10,060	10,060
Share premium account		284,811	284,811
Profit and loss account		(697,519)	(688,641)
Shareholders' funds		(402,648)	(393,770)

For the year ending 31 December 2013 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 18 September 2014

And signed on their behalf by:
S TEW, Director

COMPARING FOOD LIMITED Registered Number 06457179

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 comprises the invoiced value of services supplied by the company,
net of value added tax.

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 estimated residual value of each asset over its expected useful life as follows

Fixtures and fittings 15% reducing balance basis

Intangible assets amortisation policy
Patents are being written off on a straight line basis over there expected useful economic life.

Other accounting policies
Research and development

Expenditure on research and development is being written off in the year in which it is incurred.

2Intangible fixed assets

	£
Cost
At 1 January 2013	42,513
Additions	0
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	42,513
Amortisation
At 1 January 2013	9,995
Charge for the year	2,125
On disposals	-
At 31 December 2013	12,120
Net book values
At 31 December 2013	30,393
At 31 December 2012	32,518

3Tangible fixed assets

	£
Cost
At 1 January 2013	496
Additions	0
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	496
Depreciation
At 1 January 2013	277
Charge for the year	33
On disposals	-
At 31 December 2013	310
Net book values
At 31 December 2013	186
At 31 December 2012	219

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1,006,030 Ordinary shares of £0.01 each	10,060	10,060