Abbreviated Company Accounts - THE BUTTERY (MORECAMBE) LIMITED

THE BUTTERY (MORECAMBE) LIMITED - Company Information

08174296 THE BUTTERY (MORECAMBE) LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 08174296 2015-09-01 2016-08-31 08174296 2016-08-31 08174296 2015-08-31 08174296 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08174296 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 08174296

THE BUTTERY (MORECAMBE) LIMITED

Abbreviated Accounts

31 August 2016

THE BUTTERY (MORECAMBE) LIMITED Registered Number 08174296

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	14,000	15,000
Tangible assets	3	4,000	8,000
Investments		-	-
		18,000	23,000
Current assets
Stocks		2,000	1,500
Debtors		-	-
Cash at bank and in hand		841	926
		2,841	2,426
Creditors: amounts falling due within one year		(15,671)	(12,899)
Net current assets (liabilities)		(12,830)	(10,473)
Total assets less current liabilities		5,170	12,527
Creditors: amounts falling due after more than one year		(21,397)	(27,840)
Total net assets (liabilities)		(16,227)	(15,313)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(16,229)	(15,315)
Shareholders' funds		(16,227)	(15,313)

For the year ending 31 August 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 27 May 2017

And signed on their behalf by:
Mr B Cooper, Director

THE BUTTERY (MORECAMBE) LIMITED Registered Number 08174296

Notes to the Abbreviated Accounts for the period ended 31 August 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 2015.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sales of goods to customers.

Tangible assets depreciation policy
Tangible fixed assets are depreciated at 20% per annum on a straight line basis.

Intangible assets amortisation policy
Goodwill is amortised over 18 years.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
The accounts have been prepared on the going concern basis.

2Intangible fixed assets

	£
Cost
At 1 September 2015	18,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	18,000
Amortisation
At 1 September 2015	3,000
Charge for the year	1,000
On disposals	-
At 31 August 2016	4,000
Net book values
At 31 August 2016	14,000
At 31 August 2015	15,000

3Tangible fixed assets

	£
Cost
At 1 September 2015	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	20,000
Depreciation
At 1 September 2015	12,000
Charge for the year	4,000
On disposals	-
At 31 August 2016	16,000
Net book values
At 31 August 2016	4,000
At 31 August 2015	8,000

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2