St Ives Cider Limited - Abbreviated accounts 16.1

St Ives Cider Limited - Abbreviated accounts 16.1

ST IVES CIDER LIMITED - Company Information

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REGISTERED NUMBER: 08070472 (England and Wales)












ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

ST IVES CIDER LIMITED

ST IVES CIDER LIMITED (REGISTERED NUMBER: 08070472)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ST IVES CIDER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2016







DIRECTOR: Mrs K Berwick





SECRETARY:





REGISTERED OFFICE: The Old Mushroom Farm
Halsetown
St Ives
Cornwall
TR26 3LZ





REGISTERED NUMBER: 08070472 (England and Wales)





ACCOUNTANTS: Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU
Page 1
ST IVES CIDER LIMITED (REGISTERED NUMBER: 08070472)

ABBREVIATED BALANCE SHEET
31 JANUARY 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 14,627 15,787

CURRENT ASSETS
Stocks 26,869 21,678
Debtors 4,405 2,139
Cash at bank and in hand 9,159 4,067
40,433 27,884
CREDITORS
Amounts falling due within one year 30,138 11,891
NET CURRENT ASSETS 10,295 15,993
TOTAL ASSETS LESS CURRENT
LIABILITIES
24,922
31,780

CREDITORS
Amounts falling due after more than one
year
65,000
65,000
NET LIABILITIES (40,078 ) (33,220 )

CAPITAL AND RESERVES
Called up share capital 3 4 4
Profit and loss account (40,082 ) (33,224 )
SHAREHOLDERS' FUNDS (40,078 ) (33,220 )

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 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 notes form part of these abbreviated accounts

Page 2 continued...
ST IVES CIDER LIMITED (REGISTERED NUMBER: 08070472)

ABBREVIATED BALANCE SHEET - continued
31 JANUARY 2016


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 26 October 2016 and were signed by:





Mrs K Berwick - Director


The notes form part of these abbreviated accounts

Page 3
ST IVES CIDER LIMITED (REGISTERED NUMBER: 08070472)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

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.

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

Plant and machinery - 10% on reducing balance
Motor vehicles - 25% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015 21,333
Additions 856
At 31 January 2016 22,189
DEPRECIATION
At 1 February 2015 5,546
Charge for year 2,016
At 31 January 2016 7,562
NET BOOK VALUE
At 31 January 2016 14,627
At 31 January 2015 15,787

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2 Ordinary £1 2 2
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
4 4

Page 4 continued...
ST IVES CIDER LIMITED (REGISTERED NUMBER: 08070472)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JANUARY 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director undertakes not call upon £40,000 of the Directors Current Account balance for at least 12 months.

Page 5