Sevan Caterers (Vauxhall) Limited - Limited company - abbreviated - 11.6
Sevan Caterers (Vauxhall) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
Sevan Caterers (Vauxhall) Limited |
Abbreviated Unaudited Accounts |
for the Year Ended 30 June 2014 |
Sevan Caterers (Vauxhall) Limited (Registered number: 01206148) |
Contents of the Abbreviated Accounts |
for the year ended 30 June 2014 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 |
Notes to the Abbreviated Accounts | 5 |
Sevan Caterers (Vauxhall) Limited |
Company Information |
for the year ended 30 June 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Sevan Caterers (Vauxhall) Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Sevan Caterers (Vauxhall) Limited for the year ended 30 June 2014 which comprise the Profit |
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject |
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Sevan Caterers (Vauxhall) Limited, as a body, in accordance |
with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial |
statements of Sevan Caterers (Vauxhall) Limited and state those matters that we have agreed to state to the Board of |
Directors of Sevan Caterers (Vauxhall) Limited, as a body, in this report in accordance with AAF 2/10 as detailed at |
icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone |
other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Sevan Caterers (Vauxhall) Limited has kept adequate accounting records and to prepare |
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of |
Sevan Caterers (Vauxhall) Limited. You consider that Sevan Caterers (Vauxhall) Limited is exempt from the statutory |
audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Sevan Caterers (Vauxhall) |
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information |
and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial |
statements. |
Chartered Accountants |
26 November 2014 |
Sevan Caterers (Vauxhall) Limited (Registered number: 01206148) |
Abbreviated Balance Sheet |
30 June 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 755,277 | 584,598 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES |
NET ASSETS/(LIABILITIES) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
Sevan Caterers (Vauxhall) Limited (Registered number: 01206148) |
Abbreviated Balance Sheet - continued |
30 June 2014 |
The financial statements were approved by the Board of Directors on by: |
Sevan Caterers (Vauxhall) Limited (Registered number: 01206148) |
Notes to the Abbreviated Accounts |
for the year ended 30 June 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
small company. |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Turnover is recognised when the event or customers order is executed, and is derived from the ordinary |
activities of the company. |
Tangible fixed assets |
Short leasehold | - |
Plant and machinery | - |
Fixtures and fittings | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
Cost is based on first in first out stock valuation method. Net realisable value is the selling price of the stock |
less any cost to sell. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
balance sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
Going concern |
In the directors' assessment of the company's ability to continue as a going concern, there are no material |
uncertainties that may cast significant doubt about the company's ability to continue as a going concern. |
Sevan Caterers (Vauxhall) Limited (Registered number: 01206148) |
Notes to the Abbreviated Accounts - continued |
for the year ended 30 June 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 July 2013 |
Additions |
Disposals | ( |
) |
At 30 June 2014 |
DEPRECIATION |
At 1 July 2013 |
Charge for year |
Eliminated on disposal | ( |
) |
At 30 June 2014 |
NET BOOK VALUE |
At 30 June 2014 |
At 30 June 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary shares | £1 |
4. | ULTIMATE PARENT COMPANY |
5. | POST BALANCE SHEET EVENTS |
On 30 September 2014, the company purchased two leasehold properties and commenced additional operations |
from these on 1 October 2014. |