Abbreviated Company Accounts - HOWELL CUMMINGS CATERING EQUIPMENT LIMITED

Abbreviated Company Accounts - HOWELL CUMMINGS CATERING EQUIPMENT LIMITED

HOWELL CUMMINGS CATERING EQUIPMENT LIMITED - Company Information

Print Friendly Version

Registered Number 07532181

HOWELL CUMMINGS CATERING EQUIPMENT LIMITED

Abbreviated Accounts

28 February 2014

HOWELL CUMMINGS CATERING EQUIPMENT LIMITED Registered Number 07532181

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 - -
Tangible assets 3 8,215 26,328
Investments - -
8,215 26,328
Current assets
Stocks - -
Debtors 377,677 222,288
Investments - -
Cash at bank and in hand 113,068 6,251
490,745 228,539
Prepayments and accrued income - -
Creditors: amounts falling due within one year (426,538) (219,886)
Net current assets (liabilities) 64,207 8,653
Total assets less current liabilities 72,422 34,981
Creditors: amounts falling due after more than one year (15,279) (7,377)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 57,143 27,604
Capital and reserves
Called up share capital 4 200 200
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 56,943 27,404
Shareholders' funds 57,143 27,604
  • For the year ending 28 February 2014 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 18 November 2014

And signed on their behalf by:
P Surtess, Director

HOWELL CUMMINGS CATERING EQUIPMENT LIMITED Registered Number 07532181

Notes to the Abbreviated Accounts for the period ended 28 February 2014

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 net invoiced sales of goods and services excluding value added tax

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

Plant and machinery - 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Intangible assets amortisation policy
Goodwill being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of 2 years.

2Intangible fixed assets
£
Cost
At 1 March 2013 2,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 February 2014 2,000
Amortisation
At 1 March 2013 2,000
Charge for the year 0
On disposals 0
At 28 February 2014 2,000
Net book values
At 28 February 2014 0
At 28 February 2013 0
3Tangible fixed assets
£
Cost
At 1 March 2013 40,399
Additions 879
Disposals (21,204)
Revaluations 0
Transfers 0
At 28 February 2014 20,074
Depreciation
At 1 March 2013 14,071
Charge for the year 7,882
On disposals (10,094)
At 28 February 2014 11,859
Net book values
At 28 February 2014 8,215
At 28 February 2013 26,328
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£		 2013
£
100 A Ordinary shares of £1 each 100 100
100 B Ordinary shares of £1 each 100 100