Fruits247.com Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07746417 (England and Wales)

Abbreviated Accounts for the Year Ended 31 August 2015

for

Fruits247.com Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M J Williams

SECRETARY:

REGISTERED OFFICE:

116 Duke Street

Liverpool

Merseyside

L1 5JW

REGISTERED NUMBER:

07746417 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

13,531

-

CURRENT ASSETS

Stocks

300

-

Cash at bank and in hand

2,250

4

2,550

4

CREDITORS

Amounts falling due within one year

10,111

-

NET CURRENT (LIABILITIES)/ASSETS

(7,561

)

4

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,970

4

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

5,966

-

SHAREHOLDERS' FUNDS

5,970

4

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 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 31 May 2016 and were signed by:

M J Williams - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

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

16,914

At 31 August 2015

16,914

DEPRECIATION

Charge for year

3,383

At 31 August 2015

3,383

NET BOOK VALUE

At 31 August 2015

13,531

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.15

31.8.14

value:

£

4

Ordinary

£1

4

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is £9,311 due to the director Mr M Williams.