Nibbles & Nosh Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04731888

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

NIBBLES & NOSH LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs K L A Lane

SECRETARY:

G R Newberry

REGISTERED OFFICE:

Huntsbrook

Butts Drive

Matlock Green

Matlock

Derbyshire

DE4 3DJ

REGISTERED NUMBER:

04731888

ACCOUNTANTS:

Mills & Black

Derwent House

141-145 Dale Road

Matlock

Derbyshire

DE4 3LU

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

14,518

13,768

14,518

13,768

CURRENT ASSETS

Stocks

1,775

1,750

Debtors

1,350

1,347

Cash at bank and in hand

32,808

16,647

35,933

19,744

CREDITORS

Amounts falling due within one year

38,350

22,208

NET CURRENT LIABILITIES

(2,417

)

(2,464

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,101

11,304

PROVISIONS FOR LIABILITIES

2,341

2,068

NET ASSETS

9,760

9,236

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

9,759

9,235

SHAREHOLDERS' FUNDS

9,760

9,236

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 23 September 2016 and were signed by:

Mrs K L A Lane - 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 January 2015).

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 2003, is being amortised evenly over its estimated useful life of ten 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 reducing balance and at varying rates on cost

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

10,000

AMORTISATION

At 1 May 2015

and 30 April 2016

10,000

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

33,220

Additions

4,222

Disposals

(1,125

)

At 30 April 2016

36,317

DEPRECIATION

At 1 May 2015

19,452

Charge for year

3,340

Eliminated on disposal

(993

)

At 30 April 2016

21,799

NET BOOK VALUE

At 30 April 2016

14,518

At 30 April 2015

13,768

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1