Inn Toxicating Limited - Limited company - abbreviated - 11.6
Inn Toxicating Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 30 November 2015 |
| for |
| Inn Toxicating Limited |
| Trading as |
| The Tides Inn |
| Inn Toxicating Limited (Registered number: 08770348) |
| Trading as The Tides Inn |
| Contents of the Abbreviated Accounts |
| for the year ended 30 November 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Inn Toxicating Limited |
| Trading as The Tides Inn |
| Company Information |
| for the year ended 30 November 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| Inn Toxicating Limited (Registered number: 08770348) |
| Trading as The Tides Inn |
| Abbreviated Balance Sheet |
| 30 November 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the director on |
| Inn Toxicating Limited (Registered number: 08770348) |
| Trading as The Tides Inn |
| Notes to the Abbreviated Accounts |
| for the year ended 30 November 2015 |
| 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 April 2008). |
| Turnover |
| Turnover represents bar and food sales and charges for provision of accommodation during the accounting |
| period, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Fixtures, fittings, equipment | - |
| The directors consider that freehold properties are maintained in such a state of repair that their residual value |
| is at least equal to their net book value. As a result, the corresponding depreciation would not be material and |
| therefore is not charged in the profit and loss account. The directors perform annual impairment reviews in |
| accordance with the requirements of FRS15 and FRS 11 to ensure that the recoverable amount is not lower |
| than the carrying value. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2014 |
| and 30 November 2015 |
| DEPRECIATION |
| At 1 December 2014 |
| Charge for year |
| At 30 November 2015 |
| NET BOOK VALUE |
| At 30 November 2015 |
| At 30 November 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable otherwise than by instalments | 86,220 | 86,220 |
| Inn Toxicating Limited (Registered number: 08770348) |
| Trading as The Tides Inn |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 30 November 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |