Abbreviated Company Accounts - FRESHCO CATERING SERVICES LIMITED

FRESHCO CATERING SERVICES LIMITED - Company Information

Registered Number 07952635

FRESHCO CATERING SERVICES LIMITED

Abbreviated Accounts

31 March 2015

FRESHCO CATERING SERVICES LIMITED Registered Number 07952635

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	17,000	18,000
Tangible assets	3	10,093	8,015
		27,093	26,015
Current assets
Stocks		1,750	2,450
Debtors		26,394	31,644
Cash at bank and in hand		38,455	32,386
		66,599	66,480
Creditors: amounts falling due within one year		(39,960)	(53,729)
Net current assets (liabilities)		26,639	12,751
Total assets less current liabilities		53,732	38,766
Total net assets (liabilities)		53,732	38,766
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		52,732	37,766
Shareholders' funds		53,732	38,766

For the year ending 31 March 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 21 December 2015

And signed on their behalf by:
A Hussain, Director

FRESHCO CATERING SERVICES LIMITED Registered Number 07952635

Notes to the Abbreviated Accounts for the period ended 31 March 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 to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures, fittings and equipment at 25% reducing balance
Motor vehicles at 25% reducing balance

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 April 2014	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	20,000
Amortisation
At 1 April 2014	2,000
Charge for the year	1,000
On disposals	-
At 31 March 2015	3,000
Net book values
At 31 March 2015	17,000
At 31 March 2014	18,000

Goodwill is being written off over the period of 20 years.

3Tangible fixed assets

	£
Cost
At 1 April 2014	14,248
Additions	5,441
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	19,689
Depreciation
At 1 April 2014	6,233
Charge for the year	3,363
On disposals	-
At 31 March 2015	9,596
Net book values
At 31 March 2015	10,093
At 31 March 2014	8,015