Bourgee Restaurants (Bury St Edmunds) Lt - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09258688 (England and Wales)

Financial Statements

for the Year Ended 31 December 2016

for

Bourgee Restaurants (Bury St Edmunds)

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr D A Tropeano

A S P Tropeano

M A Baumann

J C Welling

REGISTERED OFFICE:

Stanway Hall

Maldon Road

Stanway

Colchester

Essex

CO3 0SL

REGISTERED NUMBER:

09258688 (England and Wales)

ACCOUNTANTS:

SB&P LLP

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

3

46,463

6,018

CURRENT ASSETS

Debtors

4

144,567

1,262

Cash at bank

1,792

100,227

146,359

101,489

CREDITORS

Amounts falling due within one year

5

207,982

108,834

NET CURRENT LIABILITIES

(61,623

)

(7,345

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,160

)

(1,327

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(15,260

)

(1,427

)

SHAREHOLDERS' FUNDS

(15,160

)

(1,327

)

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

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

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 July 2017 and were signed on its behalf by:

Dr D A Tropeano - Director

1.	STATUTORY INFORMATION

Bourgee Restaurants (Bury St Edmunds) Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Short leasehold

-

5% on cost

Fixtures and fittings

-

10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 January 2016

6,269

-

6,269

Additions

19,075

25,500

44,575

At 31 December 2016

25,344

25,500

50,844

DEPRECIATION

At 1 January 2016

251

-

251

Charge for year

1,580

2,550

4,130

At 31 December 2016

1,831

2,550

4,381

NET BOOK VALUE

At 31 December 2016

23,513

22,950

46,463

At 31 December 2015

6,018

-

6,018

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Other debtors

144,567

1,262

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

2,350

-

Other creditors

205,632

108,834

207,982

108,834

6.	RELATED PARTY DISCLOSURES