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Foxy's Kitchen Limited
Abbreviated accounts
For The Year Ended 31 March 2015
EBS Voisey and Partners LLP
Icpa
52 - 52a Plassey Street
Penarth
Vale of Glamorgan
CF64 1EN
Abbreviated Balance Sheet
|
2015 |
|
Notes |
£ |
£ |
FIXED ASSETS |
Tangible Assets |
2
|
|
25,228
|
|
|
|
|
|
|
|
25,228 |
CURRENT ASSETS |
Cash at bank and in hand |
|
244
|
|
|
|
|
|
|
244
|
|
Creditors: Amounts Falling Due Within One Year |
|
(40,970)
|
|
|
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
(40,726)
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
(15,498)
|
|
|
|
|
NET ASSETS |
|
|
(15,498)
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
3
|
|
1
|
Profit and Loss Account |
|
|
(15,499)
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
(15,498)
|
|
|
|
|
Page 1
For the year ending 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Page 2
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
20% Straight Line
|
Tangible Assets
|
|
Total |
Cost |
As at 1 April 2014 |
41,385
|
Additions |
496
|
|
|
As at 31 March 2015 |
41,881
|
|
|
Depreciation |
As at 1 April 2014 |
16,554
|
Provided during the period |
99
|
|
|
As at 31 March 2015 |
16,653
|
|
|
Net Book Value |
As at 31 March 2015 |
25,228
|
|
|
As at 1 April 2014 |
24,831
|
|
|
Share Capital
|
Value |
Number |
2015 |
Allotted, called up and fully paid |
£ |
|
£ |
Ordinary shares
|
1.000
|
1
|
1
|
|
|
|
|
|
Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Page 3