Abbreviated Company Accounts - THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED

Abbreviated Company Accounts - THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED

THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED - Company Information

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Registered Number 04537071

THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED

Abbreviated Accounts

31 October 2016

THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED Registered Number 04537071

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 6,802 9,135
6,802 9,135
Current assets
Stocks 87,750 51,852
Debtors 43,775 58,429
Cash at bank and in hand 327 192
131,852 110,473
Creditors: amounts falling due within one year (50,614) (57,161)
Net current assets (liabilities) 81,238 53,312
Total assets less current liabilities 88,040 62,447
Creditors: amounts falling due after more than one year (41,035) -
Total net assets (liabilities) 47,005 62,447
Capital and reserves
Called up share capital 175 175
Other reserves 14,950 14,950
Profit and loss account 31,880 47,322
Shareholders' funds 47,005 62,447
  • For the year ending 31 October 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 5 June 2017

And signed on their behalf by:
C Dyball, Director

THE TRADITIONAL CHEESE DAIRY COMPANY LIMITED Registered Number 04537071

Notes to the Abbreviated Accounts for the period ended 31 October 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant and machinery - 25% reducing balance
Fixtures, fittings and equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2015 66,158
Additions 516
Disposals (14,745)
Revaluations -
Transfers -
At 31 October 2016 51,929
Depreciation
At 1 November 2015 57,023
Charge for the year 2,413
On disposals (14,309)
At 31 October 2016 45,127
Net book values
At 31 October 2016 6,802
At 31 October 2015 9,135