Abbreviated Company Accounts - DOUGH BRO PIZZA LTD

Abbreviated Company Accounts - DOUGH BRO PIZZA LTD

DOUGH BRO PIZZA LTD - Company Information

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Registered Number 09565785

DOUGH BRO PIZZA LTD

Abbreviated Accounts

30 April 2016

DOUGH BRO PIZZA LTD Registered Number 09565785

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016
£
Fixed assets
Tangible assets 2 8,635
8,635
Current assets
Stocks 320
Cash at bank and in hand 12,297
12,617
Creditors: amounts falling due within one year (18,524)
Net current assets (liabilities) (5,907)
Total assets less current liabilities 2,728
Total net assets (liabilities) 2,728
Capital and reserves
Called up share capital 3 1
Profit and loss account 2,727
Shareholders' funds 2,728
  • For the year ending 30 April 2016 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 9 January 2017

And signed on their behalf by:
J Moore, Director

DOUGH BRO PIZZA LTD Registered Number 09565785

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years

Other accounting policies
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

2Tangible fixed assets
£
Cost
Additions 10,794
Disposals -
Revaluations -
Transfers -
At 30 April 2016 10,794
Depreciation
Charge for the year 2,159
On disposals -
At 30 April 2016 2,159
Net book values
At 30 April 2016 8,635

Fixtures, fittings, tools and equipment are depreciated over 5 years

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
1 Ordinary shares of £1 each 1

Allotted called up and fully paid