Restaurant DH1 Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08862939 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

RESTAURANT DH1 LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

5,338

3,460

CURRENT ASSETS

Stocks

1,000

Cash at bank

4,154

5,035

5,154

6,035

CREDITORS

Amounts falling due within one year

25,031

13,409

NET CURRENT LIABILITIES

(19,877

)

(7,374

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,539

)

(3,914

)

CREDITORS

Amounts falling due after more than one
year

3,000

4,500

NET LIABILITIES

(17,539

)

(8,414

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(17,541

)

(8,416

)

SHAREHOLDERS' FUNDS

(17,539

)

(8,414

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 20 September 2016 and were signed on its behalf
by:

S T Hardy - Director

Mrs H J Hardy - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting

policies adopted in the preparation of the financial statements are set out below and have remained unchanged

from the previous period.

At the balance sheet date the company had net current liabilities of £19,877 (2015 - £7,374), and total net

liabilities of £17,539 (2015 - £8,414). Included in creditors due within one year are directors loans of £14,494.

The directors have expressed their willingness to support the company as necessary. The financial statements

have therefore been prepared on a going concern basis.

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 comprises the value of sales (net of flat rate value added tax payments) of goods and services provided

in the normal course of business.

Tangible fixed assets

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

Furniture and equipment

-

20% on reducing balance

Stocks

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

moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

4,236

Additions

3,213

At 31 January 2016

7,449

DEPRECIATION

At 1 February 2015

776

Charge for year

1,335

At 31 January 2016

2,111

NET BOOK VALUE

At 31 January 2016

5,338

At 31 January 2015

3,460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2