Biondi Bistro Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08073648 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31ST MAY 2016

FOR

BIONDI BISTRO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Biondi

SECRETARY:

REGISTERED OFFICE:

The Old Drill Hall

10 Arnot Hill Road

Arnold

Nottingham

Nottinghamshire

NG5 6LJ

REGISTERED NUMBER:

08073648 (England and Wales)

ACCOUNTANTS:

Atkinson Evans Limited

Chartered Certified Accountants

The Old Drill Hall

10 Arnot Hill Road

Arnold

Nottingham

Nottinghamshire

NG5 6LJ

FIXED ASSETS

Tangible assets

2

8,941

11,699

CURRENT ASSETS

Debtors

307,235

268,923

Cash at bank and in hand

23,154

8,441

330,389

277,364

CREDITORS

Amounts falling due within one year

161,150

138,048

NET CURRENT ASSETS

169,239

139,316

TOTAL ASSETS LESS CURRENT
LIABILITIES

178,180

151,015

PROVISIONS FOR LIABILITIES

1,606

2,117

NET ASSETS

176,574

148,898

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

176,573

148,897

SHAREHOLDERS' FUNDS

176,574

148,898

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 24th February 2017 and were signed by:

G Biondi - 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 sales of meals and drinks excluding VAT.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

22,578

Additions

250

At 31st May 2016

22,828

DEPRECIATION

At 1st June 2015

10,879

Charge for year

3,008

At 31st May 2016

13,887

NET BOOK VALUE

At 31st May 2016

8,941

At 31st May 2015

11,699

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

1