Popular Takeaway Limited - Limited company - abbreviated - 11.9

Popular Takeaway Limited - Limited company - abbreviated - 11.9

POPULAR TAKEAWAY LIMITED - Company Information

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REGISTERED NUMBER: 07182393 (England and Wales)

















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

POPULAR TAKEAWAY LIMITED

POPULAR TAKEAWAY LIMITED (REGISTERED NUMBER: 07182393)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

POPULAR TAKEAWAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: Mr A P Fawcett





REGISTERED OFFICE: 36 High Street
Cleethorpes
North East Lincs
DN35 8JN





REGISTERED NUMBER: 07182393 (England and Wales)





ACCOUNTANTS: Blow Abbott Limited
36 High Street
Cleethorpes
North East Lincs
DN35 8JN
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POPULAR TAKEAWAY LIMITED (REGISTERED NUMBER: 07182393)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 17,500 18,750
Tangible assets 3 2,358 2,705
19,858 21,455

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 561 545
Cash at bank 13,727 6,460
15,288 8,005
CREDITORS
Amounts falling due within one year 20,525 23,772
NET CURRENT LIABILITIES (5,237 ) (15,767 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,621
5,688

PROVISIONS FOR LIABILITIES 471 541
NET ASSETS 14,150 5,147

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 14,050 5,047
SHAREHOLDERS' FUNDS 14,150 5,147

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

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

The director acknowledges his 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 notes form part of these abbreviated accounts

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POPULAR TAKEAWAY LIMITED (REGISTERED NUMBER: 07182393)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 11 July 2016 and were signed by:





Mr A P Fawcett - Director


The notes form part of these abbreviated accounts

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POPULAR TAKEAWAY LIMITED (REGISTERED NUMBER: 07182393)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016


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 net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on cost

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 25,000
AMORTISATION
At 1 April 2015 6,250
Amortisation for year 1,250
At 31 March 2016 7,500
NET BOOK VALUE

At 31 March 2016 17,500
At 31 March 2015 18,750

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POPULAR TAKEAWAY LIMITED (REGISTERED NUMBER: 07182393)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 19,927
Additions 632
At 31 March 2016 20,559
DEPRECIATION
At 1 April 2015 17,222
Charge for year 979
At 31 March 2016 18,201
NET BOOK VALUE
At 31 March 2016 2,358
At 31 March 2015 2,705

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 £1 Ordinary shares 1 100 100

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 March 2016 the company owed the director £16,515 (2015; £21,222). Interest is not payable on
the loan.

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