Exotic Sun Foods Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08538964 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 21 MAY 2013 TO 31 MAY 2014

FOR

EXOTIC SUN FOODS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Murugesu

REGISTERED OFFICE:

77 Milson Road

West Kensington

London

W14 0LH

REGISTERED NUMBER:

08538964 (England and Wales)

ACCOUNTANTS:

Murugesu Associates

Accountants

77 Milson Road

West Kensington

London

W14 0LH

FIXED ASSETS

Tangible assets

2

3,200

CURRENT ASSETS

Stocks

450

Cash at bank

1,295

1,745

CREDITORS

Amounts falling due within one year

4,790

NET CURRENT LIABILITIES

(3,045

)

TOTAL ASSETS LESS CURRENT LIABILITIES

155

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

154

SHAREHOLDERS' FUNDS

155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2014 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 15 September 2014 and were signed by:

K Murugesu - 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 and services excluding value added tax.

Tangible fixed assets

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

Motor vehicles

-

25% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

4,000

At 31 May 2014

4,000

DEPRECIATION

Charge for period

800

At 31 May 2014

800

NET BOOK VALUE

At 31 May 2014

3,200

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

1

1

1 Ordinary share of 1 was allotted and fully paid for cash at par during the period.