Albert Frank Limited - Abbreviated accounts

Registered number

08381882

Albert Frank Limited

Abbreviated Accounts

31 January 2014

Albert Frank Limited
Registered number:		08381882
Abbreviated Balance Sheet
as at 31 January 2014

Notes			2014
£
Fixed assets
Tangible assets	2		87,849

Current assets
Stocks		11,162
Debtors		50
Cash at bank and in hand		11,932
		23,144

Creditors: amounts falling due within one year		(176,249)

Net current liabilities			(153,105)

Net liabilities			(65,256)

Capital and reserves
Called up share capital	3		1
Profit and loss account			(65,257)

Shareholders' funds			(65,256)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.






M Brennan
Director
Approved by the board on 29 October 2014

Albert Frank Limited
Notes to the Abbreviated Accounts
for the year ended 31 January 2014

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of food, drink, accomodation and functions provided for customers and guests.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Leasehold improvements			5 years straight line
	Fixtures and equipment			15% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision has not been made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes, as the potential provision is immaterial.


2	Tangible fixed assets					£

	Cost
	Additions					97,910
	At 31 January 2014					97,910

	Depreciation
	Charge for the year					10,061
	At 31 January 2014					10,061

	Net book value
	At 31 January 2014					87,849


3	Share capital	Nominal		2014		2014
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		1		1