The Woodbridge Kitchen Company Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09557052 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 23 April 2015 to 31 March 2016

for

The Woodbridge Kitchen Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P N Venediger

K Torrance

SECRETARY:

P N Venediger

REGISTERED OFFICE:

79a Thoroughfare

Woodbridge

Suffolk

IP12 1AW

REGISTERED NUMBER:

09557052 (England and Wales)

ACCOUNTANTS:

Numbers Accountancy Ltd

Quoit House

Church Road

Marlesford

Suffolk

IP13 0AT

FIXED ASSETS

Intangible assets

2

32,667

Tangible assets

3

1,876

34,543

CURRENT ASSETS

Stocks

68,060

Debtors

4

43,517

Cash at bank and in hand

120,579

232,156

CREDITORS

Amounts falling due within one year

55,596

NET CURRENT ASSETS

176,560

TOTAL ASSETS LESS CURRENT
LIABILITIES

211,103

CREDITORS

Amounts falling due after more than one
year

185,000

NET ASSETS

26,103

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

26,003

SHAREHOLDERS' FUNDS

26,103

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 14 December 2016 and were signed on
its behalf by:

P N Venediger - 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 2015, is being amortised evenly over its estimated useful life of five 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 cost

Plant and machinery - 20% on cost

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

35,000

At 31 March 2016

35,000

AMORTISATION

Amortisation for period

2,333

At 31 March 2016

2,333

NET BOOK VALUE

At 31 March 2016

32,667

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,911

At 31 March 2016

1,911

DEPRECIATION

Charge for period

35

At 31 March 2016

35

NET BOOK VALUE

At 31 March 2016

1,876

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 27,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100