Abbreviated Company Accounts - ASSET FRUIT & FLAVOUR UK LTD

ASSET FRUIT & FLAVOUR UK LTD - Company Information

06272797 ASSET FRUIT & FLAVOUR UK LTD 2015-03-31 false 2014-04-01 2015-03-31 true 06272797 2014-04-01 2015-03-31 06272797 2015-03-31 06272797 2014-03-31 06272797 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06272797 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06272797

ASSET FRUIT & FLAVOUR UK LTD

Abbreviated Accounts

31 March 2015

ASSET FRUIT & FLAVOUR UK LTD Registered Number 06272797

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,210	1,613
		1,210	1,613
Current assets
Stocks		36,202	17,512
Debtors		50,384	317,081
Cash at bank and in hand		144,304	52,070
		230,890	386,663
Creditors: amounts falling due within one year		(257,309)	(388,276)
Net current assets (liabilities)		(26,419)	(1,613)
Total assets less current liabilities		(25,209)	0
Total net assets (liabilities)		(25,209)	0
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(26,209)	(1,000)
Shareholders' funds		(25,209)	0

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 31 December 2015

And signed on their behalf by:
A Grinham, Director

ASSET FRUIT & FLAVOUR UK LTD Registered Number 06272797

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% straight line

Valuation information and policy
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction.

Exchange differences are taken into account in arriving at the operating profit.

2Tangible fixed assets

	£
Cost
At 1 April 2014	3,744
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	3,744
Depreciation
At 1 April 2014	2,131
Charge for the year	403
On disposals	-
At 31 March 2015	2,534
Net book values
At 31 March 2015	1,210
At 31 March 2014	1,613

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000