Boka Food Limited Accounts






Boka Food Limited
	Company No. 09961452
		Information for Filing with The Registrar
		30 June 2017

The Director presents his report and the accounts for the period ended 30 June 2017.

Principal activities
The principal activity of the company during the period under review was supplier of healthy snack foods.




Director

The Director who served at any time during the period was as follows:

L.F. Beer



































































The above report has 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.

Signed on behalf of the board

L.F. Beer
Director
20 October 2017

at	30 June 2017

Company No.		09961452	Notes	2017
				£






Current assets

	Debtors		2	229,578

	Cash at bank and in hand			2,378
				231,956
Creditors: Amount falling due within one year			3	(192,263)
Net current assets				39,693
Total assets less current liabilities				39,693




Net assets				39,693

Capital and reserves
	Called up share capital			10
	Share premium account		4	84,997


	Profit and loss account		4	(45,314)

Total equity				39,693


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 30 June 2017 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.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 20 October 2017

And signed on its behalf by:

L.F. Beer
Director
20 October 2017

for the period ended 30 June 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below. The accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company for the forseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

2	Debtors
			2017
			£
		Trade debtors	59,040




		Loans to directors	17,425
		Other debtors	153,113

			229,578

3	Creditors:
		amounts falling due within one year
			2017
			£




		Trade creditors	102,804


		Other taxes and social security	23,368

		Other creditors	63,592
		Accruals and deferred income	2,499
			192,263

Reserves

Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.

Profit and loss account - includes all current and prior period retained profits and losses.

5	Advances and credits to directors
		Included within Other debtors are the following loans to directors:

		Director	Description	At 20 January 2016	Advanced	Repaid	At 30 June 2017
				£	£	£	£
		L.F. Beer	Directors loan account	-	17,425	-	17,425







































				-	17,425	-	17,425

Related party disclosures

Controlling party

Immediate controlling party

L F Beer

Additional information

Its registered number is:

09961452

Its registered office is:

Suite 55

Basepoint Business Centre

Winnall Valley Road

Winchester

SO23 0LD