Abbreviated Company Accounts - JEET FOOD & WINE LTD

Abbreviated Company Accounts - JEET FOOD & WINE LTD


Registered Number 08421980

JEET FOOD & WINE LTD

Abbreviated Accounts

28 February 2014

JEET FOOD & WINE LTD Registered Number 08421980

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014
£
Current assets
Stocks 1,000
Debtors 405
Cash at bank and in hand 1,182
2,587
Creditors: amounts falling due within one year (10,636)
Net current assets (liabilities) (8,049)
Total assets less current liabilities (8,049)
Total net assets (liabilities) (8,049)
Capital and reserves
Called up share capital 2 100
Profit and loss account (8,149)
Shareholders' funds (8,049)
  • For the year ending 28 February 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 July 2014

And signed on their behalf by:
Mr H Talwar, Director

JEET FOOD & WINE LTD Registered Number 08421980

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the total value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Going Concern
After making enquiries, I have formed a judgment, at the time of approving the financial statements, that there is a reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, I adopt the going concern basis in preparing the financial statements.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100 Ordinary shares of £1 each 100