PUNCH_&_JUDY_(SNACKS)_LIM - Accounts

PUNCH & JUDY (SNACKS) LIMITED - Company Information

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Company Registration No. 00563285 (England and Wales)

PUNCH & JUDY (SNACKS) LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

PUNCH & JUDY (SNACKS) LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PUNCH & JUDY (SNACKS) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

645,489

665,729

Current assets

Cash at bank and in hand

483,235

178,742

Creditors: amounts falling due within one year

(96,429)

(47,772)

Net current assets

386,806

130,970

Total assets less current liabilities

1,032,295

796,699

Creditors: amounts falling due after more than one year

(126,246)

(139,773)

906,049

656,926

Capital and reserves

Called up share capital

100

Profit and loss account

905,949

656,826

Shareholders' funds

906,049

656,926

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 July 2016

C D'Anna

Director

Company Registration No. 00563285

PUNCH & JUDY (SNACKS) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

2% straight line

Fixtures, fittings & equipment

12.5% reducing balance

Fixed assets

Tangible assets

Cost

At 1 October 2014 & at 30 September 2015

1,008,499

Depreciation

At 1 October 2014

342,770

Charge for the year

20,240

At 30 September 2015

363,010

Net book value

At 30 September 2015

645,489

At 30 September 2014

665,729

Creditors: amounts falling due after more than one year

2015

2014

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

31,802

33,776

PUNCH & JUDY (SNACKS) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 ordinary shares of £1 each

100