Abbreviated Company Accounts - IONICA WINE CELLARS LTD

Abbreviated Company Accounts - IONICA WINE CELLARS LTD

IONICA WINE CELLARS LTD - Company Information

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Registered Number 09068213

IONICA WINE CELLARS LTD

Abbreviated Accounts

30 June 2016

IONICA WINE CELLARS LTD Registered Number 09068213

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,266 2,500
2,266 2,500
Current assets
Stocks 22,850 5,600
Debtors 7,943 11,740
Cash at bank and in hand 6,165 8,495
36,958 25,835
Creditors: amounts falling due within one year (38,865) (28,122)
Net current assets (liabilities) (1,907) (2,287)
Total assets less current liabilities 359 213
Total net assets (liabilities) 359 213
Capital and reserves
Called up share capital 100 100
Profit and loss account 259 113
Shareholders' funds 359 213
  • For the year ending 30 June 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 28 March 2017

And signed on their behalf by:
Dritan Doda, Director

IONICA WINE CELLARS LTD Registered Number 09068213

Notes to the Abbreviated Accounts for the period ended 30 June 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 represents the invoiced value of services supplied by the company,net of value
added tax and trade discounts.

2Tangible fixed assets
£
Cost
At 1 July 2015 2,500
Additions 333
Disposals -
Revaluations -
Transfers -
At 30 June 2016 2,833
Depreciation
At 1 July 2015 -
Charge for the year 567
On disposals -
At 30 June 2016 567
Net book values
At 30 June 2016 2,266
At 30 June 2015 2,500