Adventure Cafe Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04609237 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Adventure Cafe Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R T Mclaughlin

Mrs N M Mclaughlin

SECRETARY:

Mrs N M Mclaughlin

REGISTERED OFFICE:

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

REGISTERED NUMBER:

04609237 (England and Wales)

ACCOUNTANTS:

Somerset Accountancy Services Ltd

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

FIXED ASSETS

Tangible assets

2

13,542

16,847

CURRENT ASSETS

Debtors

20,019

22,859

Cash at bank

71,650

31,398

91,669

54,257

CREDITORS

Amounts falling due within one year

101,075

70,851

NET CURRENT LIABILITIES

(9,406

)

(16,594

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,136

253

PROVISIONS FOR LIABILITIES

1,755

2,206

NET ASSETS/(LIABILITIES)

2,381

(1,953

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,379

(1,955

)

SHAREHOLDERS' FUNDS

2,381

(1,953

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 30 September 2014 and were signed on its behalf by:

R T Mclaughlin - 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 April 2008).

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 & Machinery 25% reducing balance

Computer Equipment 33% straight line

Fixtures, fittings & equipment 25% reducing balance

Motor vehicles 25% reducing balance

Deferred tax

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

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Going concern basis of accounting

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance

from the directors that they will continue to give financial support to the company for twelve months from the

date of signing these financial statements.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However,

should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the

company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their

realisable amount and to provide for any further liabilities which might arise. The accounts do not include any

adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be

appropriate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

57,441

Additions

1,411

At 31 March 2014

58,852

DEPRECIATION

At 1 April 2013

40,594

Charge for year

4,716

At 31 March 2014

45,310

NET BOOK VALUE

At 31 March 2014

13,542

At 31 March 2013

16,847

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary Shares

1

2

2