Spices Alive Limited Accounts

SPICES ALIVE LIMITED - Company Information






Spices Alive Limited
	Company No. 09857003
		Abbreviated Accounts
		31 October 2016

at	31 October 2016

Company No.		09857003	Notes	2016
				£
Fixed assets

	Tangible assets		2	2,913

				2,913
Current assets
	Stocks			185
	Debtors			50

	Cash at bank and in hand			8
				243
Creditors: Amounts falling due within one year				(18,858)
Net current liabilities				(18,615)
Total assets less current liabilities				(15,702)




Net liabilities				(15,702)

Capital and reserves
	Called up share capital		3	100



	Profit and loss account			(15,802)

Shareholder's funds				(15,702)

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the period ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 18 July 2017

And signed on its behalf by:

J.D. Riley
Director
18 July 2017

for the period ended 31 October 2016

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

25% Reducing balance method

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation

	Additions	3,884	3,884



	At 31 October 2016	3,884	3,884
	Amortisation

	Charge for the year	971	971



	At 31 October 2016	971	971
	Net book values
	At 31 October 2016	2,913	2,913

3	Share Capital
		Nominal value	2016	2016
		£	Number	£
	Allotted, called up and fully paid:
	Ordinary shares	1.00	100	100




				100

		Nominal value	2016	2016
		£	Number	£
	Shares issued during the period:
	Ordinary shares	1.00	100	-