Billing Fish Bar Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06457808 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Billing Fish Bar Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms M Patel

SECRETARY:

Mr S H Zaidi

REGISTERED OFFICE:

2-3 Bassett Court

Broad Street

Newport Pagnell

Buckinghamshire

MK16 0JN

REGISTERED NUMBER:

06457808 (England and Wales)

FIXED ASSETS

Tangible assets

2

21,151

18,987

CURRENT ASSETS

Stocks

4,140

3,595

Cash at bank and in hand

36,083

63,275

40,223

66,870

CREDITORS

Amounts falling due within one year

51,699

31,092

NET CURRENT (LIABILITIES)/ASSETS

(11,476

)

35,778

TOTAL ASSETS LESS CURRENT LIABILITIES

9,675

54,765

CAPITAL AND RESERVES

Called up share capital

3

2

Capital redemption reserve

1

Profit and loss account

9,672

54,762

SHAREHOLDERS' FUNDS

9,675

54,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 16 August 2016 and were signed by:

Ms M Patel - 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 the sales of takeaway foods, 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

-

25% on reducing balance

Fixtures and fittings

-

20% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

120,477

Additions

8,262

At 31 May 2016

128,739

DEPRECIATION

At 1 June 2015

101,490

Charge for year

6,098

At 31 May 2016

107,588

NET BOOK VALUE

At 31 May 2016

21,151

At 31 May 2015

18,987

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

2

Ordinary

1

2

NIL

-

2