Abbreviated Company Accounts - FOOD LORDS (UK) LIMITED

FOOD LORDS (UK) LIMITED - Company Information

06256519 FOOD LORDS (UK) LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 06256519 2013-06-01 2014-05-31 06256519 2014-05-31 06256519 2013-05-31 06256519 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06256519 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06256519

FOOD LORDS (UK) LIMITED

Abbreviated Accounts

31 May 2014

FOOD LORDS (UK) LIMITED Registered Number 06256519

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	94,609	23,392
		94,609	23,392
Current assets
Stocks		212,069	257,676
Debtors		423,720	404,191
Cash at bank and in hand		118,544	168,303
		754,333	830,170
Creditors: amounts falling due within one year		(348,160)	(287,479)
Net current assets (liabilities)		406,173	542,691
Total assets less current liabilities		500,782	566,083
Creditors: amounts falling due after more than one year		(113,848)	(273,917)
Total net assets (liabilities)		386,934	292,166
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		385,934	291,166
Shareholders' funds		386,934	292,166

For the year ending 31 May 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 25 September 2014

And signed on their behalf by:
G Bogadala, Director

FOOD LORDS (UK) LIMITED Registered Number 06256519

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at 25% on reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 June 2013	51,621
Additions	97,215
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	148,836
Depreciation
At 1 June 2013	28,229
Charge for the year	25,998
On disposals	-
At 31 May 2014	54,227
Net book values
At 31 May 2014	94,609
At 31 May 2013	23,392

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000