Abbreviated Company Accounts - MARIO'S FOOD SERVICES LTD

MARIO'S FOOD SERVICES LTD - Company Information

05336167 MARIO'S FOOD SERVICES LTD 2014-01-31 false 2013-02-01 2014-01-31 true 05336167 2013-02-01 2014-01-31 05336167 2014-01-31 05336167 2013-01-31 05336167 uk-gaap-cd-bus:Director1 2013-02-01 2014-01-31 05336167 uk-gaap-cd-bus:Director2 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-01 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-31 iso4217:GBP shares

Registered Number 05336167

MARIO'S FOOD SERVICES LTD

Abbreviated Accounts

31 January 2014

MARIO'S FOOD SERVICES LTD Registered Number 05336167

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	14,100	28,206
		14,100	28,206
Current assets
Stocks		3,245	2,105
Cash at bank and in hand		4,306	2,879
		7,551	4,984
Creditors: amounts falling due within one year	3	(117,133)	(122,094)
Net current assets (liabilities)		(109,582)	(117,110)
Total assets less current liabilities		(95,482)	(88,904)
Total net assets (liabilities)		(95,482)	(88,904)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(95,582)	(89,004)
Shareholders' funds		(95,482)	(88,904)

For the year ending 31 January 2014 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 3 September 2014

And signed on their behalf by:
Wendy Elaine Noroozi, Director

MARIO'S FOOD SERVICES LTD Registered Number 05336167

Notes to the Abbreviated Accounts for the period ended 31 January 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Basis of preparation:

The financial statements have been prepared in accordance with applicable accounting standards and under the historical cost accounting rules.

Cash flow statement

The company is exempt from the requirement of Financial Reporting Standard No1 to prepare a cash flow statement as it is entitled to the filing exemptions as a small company.

Amortisation and Depreciation

No provision for amortisation of goodwill is made as the useful life of it is estimated to be greater than 20 years.

Going concern

The company has net liabilities amounting to £95,482 as at 31 January 2014 of which £111,358 is owed to the directors. The directors have confirmed that they will not call for this loan in the foreseeable future and continue to provide financial assistance so that the company can meet it debt as they fall due.

Turnover policy
Turnover represents the amounts derived from the provision of goods and services
to the customers during the year.

Turnover and operating profit

Turnover and operating profit/ loss on ordinary activities is attributable to the company's
principal activity.

Tangible assets depreciation policy
Depreciation is provided on tangible assets on the cost of the asset less estimated residual value over the expected useful life as follows :

Property improvements 10% per annum
Motor vehicle 25% per annum
Fixtures, fittings and equipment 10% per annum

2Tangible fixed assets

	£
Cost
At 1 February 2013	141,047
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	141,047
Depreciation
At 1 February 2013	112,841
Charge for the year	14,106
On disposals	-
At 31 January 2014	126,947
Net book values
At 31 January 2014	14,100
At 31 January 2013	28,206

3Creditors

	2014 £	2013 £
Non-instalment debts due after 5 years	117,133	122,094

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100