Abbreviated Company Accounts - MAURIZIO RESTAURANT LIMITED

MAURIZIO RESTAURANT LIMITED - Company Information

07806349 MAURIZIO RESTAURANT LIMITED 2015-10-31 false 2014-10-31 2015-10-31 true 07806349 2014-10-31 2015-10-31 07806349 2015-10-31 07806349 2014-10-30 07806349 uk-gaap-cd-bus:Director1 2014-10-31 2015-10-31 07806349 uk-gaap-cd-bus:Director2 2014-10-31 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-30 iso4217:GBP shares

Registered Number 07806349

MAURIZIO RESTAURANT LIMITED

Abbreviated Accounts

31 October 2015

MAURIZIO RESTAURANT LIMITED Registered Number 07806349

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	57,654	56,243
		57,654	56,243
Current assets
Stocks		4,820	4,326
Debtors		7,131	25,427
Cash at bank and in hand		36,449	-
		48,400	29,753
Creditors: amounts falling due within one year		(115,608)	(98,524)
Net current assets (liabilities)		(67,208)	(68,771)
Total assets less current liabilities		(9,554)	(12,528)
Total net assets (liabilities)		(9,554)	(12,528)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(9,654)	(12,628)
Shareholders' funds		(9,554)	(12,528)

For the year ending 31 October 2015 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 30 September 2016

And signed on their behalf by:
M Tarantello, Director

MAURIZIO RESTAURANT LIMITED Registered Number 07806349

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

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

Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.

Turnover policy
Turnover represents net invoiced sales of food and beverages.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold property - straight line over 20 year period of lease
Fixtures, fittings and equipment - 25% on net book value

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

2Tangible fixed assets

	£
Cost
At 31 October 2014	71,881
Additions	7,223
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	79,104
Depreciation
At 31 October 2014	15,638
Charge for the year	5,812
On disposals	-
At 31 October 2015	21,450
Net book values
At 31 October 2015	57,654
At 30 October 2014	56,243

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100