Bite The Sun Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07908834 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

Bite the Sun Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Aldridge

P J Harris

A Wolstenhulme

Dr R H J Verkerk

REGISTERED OFFICE:

10 Milton Court

Ravenshead

Nottinghamshire

NG15 9BD

REGISTERED NUMBER:

07908834 (England and Wales)

ACCOUNTANTS:

Adcock Accounting

10 Milton Court

Ravenshead

Nottinghamshire

NG15 9BD

FIXED ASSETS

Tangible assets

2

116,958

116,389

Investments

3

1

116,959

116,390

CURRENT ASSETS

Debtors

20

100

Cash at bank

14,534

6,503

14,554

6,603

CREDITORS

Amounts falling due within one year

21,681

30,309

NET CURRENT LIABILITIES

(7,127

)

(23,706

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

109,832

92,684

CREDITORS

Amounts falling due after more than one
year

133,000

125,000

NET LIABILITIES

(23,168

)

(32,316

)

CAPITAL AND RESERVES

Called up share capital

4

138

Share premium

144,962

Profit and loss account

(168,268

)

(177,416

)

SHAREHOLDERS' FUNDS

(23,168

)

(32,316

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 6 July 2016 and were signed on its behalf by:

M Aldridge - 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).

Preparation of consolidated financial statements

The financial statements contain information about Bite the Sun Ltd as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398

of the Companies Act 2006 not to prepare consolidated financial statements.

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.

Plant and machinery etc

-

12.5% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

142,426

Additions

20,997

At 31 January 2016

163,423

DEPRECIATION

At 1 February 2015

26,037

Charge for year

20,428

At 31 January 2016

46,465

NET BOOK VALUE

At 31 January 2016

116,958

At 31 January 2015

116,389

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 February 2015

and 31 January 2016

1

NET BOOK VALUE

At 31 January 2016

1

At 31 January 2015

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

The Bite Outlet Limited

Nature of business: Retail sale of food and nutrition products

%

Class of shares:

holding

Ordinary

100.00

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,379

Ordinary

£0.10

138

5.	RELATED PARTY DISCLOSURES

The company made payments during the year of £30,000 to A Wolstenhulme, £7,550 to M Aldridge and £7,500

to Dr. R H J Verkerk for fees in respect of the provision of expert consultancy services.

The company also made payments to P J Harris of £8,250 in respect of financial management services.

All of these transactions were under normal trading terms and conditions and on an arms length basis.

6.	ULTIMATE CONTROLLING PARTY

No person had overall control of the company.