Abbreviated Company Accounts - FOOD GIANT EXPRESS LTD

Abbreviated Company Accounts - FOOD GIANT EXPRESS LTD

FOOD GIANT EXPRESS LTD - Company Information

Print Friendly Version

Registered Number 09161434

FOOD GIANT EXPRESS LTD

Abbreviated Accounts

31 August 2015

FOOD GIANT EXPRESS LTD Registered Number 09161434

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015
£
Fixed assets
Tangible assets 2 16,200
16,200
Current assets
Stocks 24,192
Debtors 3,886
Cash at bank and in hand 7,888
35,966
Net current assets (liabilities) 35,966
Total assets less current liabilities 52,166
Creditors: amounts falling due after more than one year (33,480)
Total net assets (liabilities) 18,686
Capital and reserves
Called up share capital 100
Profit and loss account 18,586
Shareholders' funds 18,686
  • For the year ending 31 August 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 21 June 2016

And signed on their behalf by:
M Riaz, Director

FOOD GIANT EXPRESS LTD Registered Number 09161434

Notes to the Abbreviated Accounts for the period ended 31 August 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 period, 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:

Fixtures & Fittings - 20% Reducing Balance
Equipment - 20% Reducing Balance

2Tangible fixed assets
£
Cost
Additions 20,250
Disposals -
Revaluations -
Transfers -
At 31 August 2015 20,250
Depreciation
Charge for the year 4,050
On disposals -
At 31 August 2015 4,050
Net book values
At 31 August 2015 16,200