Food Ingredients International Ltd - Limited company - abbreviated - 11.0.0
Food Ingredients International Ltd - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
Food Ingredients International Ltd |
Abbreviated Unaudited Accounts |
for the Period |
1st August 2013 to 31st May 2014 |
Food Ingredients International Ltd (Registered number: 04067827) |
Contents of the Abbreviated Accounts |
for the Period 1st August 2013 to 31st May 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Certified Accountants' Report | 5 |
Food Ingredients International Ltd |
Company Information |
for the Period 1st August 2013 to 31st May 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Food Ingredients International Ltd (Registered number: 04067827) |
Abbreviated Balance Sheet |
31st May 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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 financial statements were approved by the Board of Directors on behalf by: |
Food Ingredients International Ltd (Registered number: 04067827) |
Notes to the Abbreviated Accounts |
for the Period 1st August 2013 to 31st May 2014 |
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, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
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. |
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 transaction. Exchange differences are taken into account in arriving at the operating result. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1st August 2013 |
Disposals | ( |
) |
At 31st May 2014 |
DEPRECIATION |
At 1st August 2013 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31st May 2014 |
NET BOOK VALUE |
At 31st May 2014 |
At 31st July 2013 |
Food Ingredients International Ltd (Registered number: 04067827) |
Notes to the Abbreviated Accounts - continued |
for the Period 1st August 2013 to 31st May 2014 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |
Ordinary | £1 |
100 | 100 |
4. | ULTIMATE PARENT COMPANY |
5. | GOING CONCERN |
The company ceased to trade on 16 April 2014 and has remained dormant since. |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Food Ingredients International Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Food Ingredients International Ltd for the period ended 31st May 2014 which comprise the Profit |
and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information |
and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and |
other professional requirements which are detailed at http://rulebook.accaglobal.com. |
This report is made solely to the Board of Directors of Food Ingredients International Ltd, as a body, in accordance with |
our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of |
Food Ingredients International Ltd and state those matters that we have agreed to state to the Board of Directors of Food |
Ingredients International Ltd, as a body, in this report in accordance with the requirements of the Association of |
Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted |
by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a |
body, for our work or for this report. |
It is your duty to ensure that Food Ingredients International Ltd has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Food |
Ingredients International Ltd. You consider that Food Ingredients International Ltd is exempt from the statutory audit |
requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Food Ingredients |
International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or |
information and explanations you have given to us and we do not, therefore, express any opinion on the statutory |
financial statements. |
Chartered Certified Accountants |
25th September 2014 |