The Bleeding Heart Catering Co. Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04750715 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

The Bleeding Heart Catering Co. Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms K Davenport

SECRETARY:

M Gor

REGISTERED OFFICE:

Suite A, 10th Floor Maple House

High Street

Potters Bar

Hertfordshire

EN6 5BS

REGISTERED NUMBER:

04750715 (England and Wales)

ACCOUNTANTS:

The Greene Partnership LLP

Accountants

Suite A, 10th Floor Maple House

High Street

Potters Bar

Hertfordshire

EN6 5BS

FIXED ASSETS

Tangible assets

2

655,938

672,987

Investments

3

1

655,939

672,988

CURRENT ASSETS

Stocks

26,570

24,220

Debtors

221,453

318,238

Cash at bank and in hand

649,073

678,179

897,096

1,020,637

CREDITORS

Amounts falling due within one year

4

359,117

594,070

NET CURRENT ASSETS

537,979

426,567

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,193,918

1,099,555

CREDITORS

Amounts falling due after more than one
year

4

23,167

44,615

NET ASSETS

1,170,751

1,054,940

CAPITAL AND RESERVES

Called up share capital

5

1,000

Profit and loss account

1,169,751

1,053,940

SHAREHOLDERS' FUNDS

1,170,751

1,054,940

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 23 February 2017 and were signed by:

Ms K Davenport - 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 o goods and services, 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.

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

The company's leasehold property has a remaining life in excess of 50 years and the property is regularly

maintained to a high standard. The company also has an interest in the company that owns the freehold interest.

On this basis, the director believes that property does not need to be depreciated as the property value is being

maintained and is fairly reflected in the financial statements.

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 June 2015

782,922

Additions

9,309

At 31 May 2016

792,231

DEPRECIATION

At 1 June 2015

109,935

Charge for year

26,358

At 31 May 2016

136,293

NET BOOK VALUE

At 31 May 2016

655,938

At 31 May 2015

672,987

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2015

and 31 May 2016

1

NET BOOK VALUE

At 31 May 2016

1

At 31 May 2015

1

4.

CREDITORS

Creditors include an amount of £ 44,484 (31.5.15 - £ 65,592 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1,000

Ordinary

£1

1,000