The Coffee Pod Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09108700 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 30 JUNE 2014 TO 30 JUNE 2015

FOR

THE COFFEE POD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D M Booty

R Booty

SECRETARY:

REGISTERED OFFICE:

2-4 Wellington Road

Bridlington

East Yorkshire

YO15 2BN

REGISTERED NUMBER:

09108700 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Tangible assets

2

409,696

CURRENT ASSETS

Stocks

8,500

Debtors

12,351

Cash at bank and in hand

36,125

56,976

CREDITORS

Amounts falling due within one year

547,666

NET CURRENT LIABILITIES

(490,690

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(80,994

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(81,094

)

SHAREHOLDERS' FUNDS

(80,994

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 31 May 2016 and were signed on its behalf by:

R Booty - Director

D M Booty - 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.

Improvements to property

-

5% on reducing balance

Fixtures, fittings & equipment

-

25% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

415,403

At 30 June 2015

415,403

DEPRECIATION

Charge for period

5,707

At 30 June 2015

5,707

NET BOOK VALUE

At 30 June 2015

409,696

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100