Cheshire Cuisine Limited - Filleted accounts

Cheshire Cuisine Limited - Filleted accounts

CHESHIRE CUISINE LIMITED - Company Information

Print Friendly Version

Registered number
06534642
Cheshire Cuisine Limited
Filleted Accounts
31 January 2017
Cheshire Cuisine Limited
Registered number: 06534642
Balance Sheet
as at 31 January 2017
Notes 2017 2016
£ £
Fixed assets
Intangible assets 2 20,000 20,000
Tangible assets 3 28,026 28,026
48,026 48,026
Current assets
Stocks 660 360
Cash at bank and in hand 386 212
1,046 572
Creditors: amounts falling due within one year 4 (55,499) (55,542)
Net current liabilities (54,453) (54,970)
Net liabilities (6,427) (6,944)
Capital and reserves
Called up share capital 100 100
Profit and loss account (6,527) (7,044)
Shareholders' funds (6,427) (6,944)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Abdul Jahid
Director
Approved by the board on 31 October 2017
Cheshire Cuisine Limited
Notes to the Accounts
for the year ended 31 January 2017
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2016 20,000
At 31 January 2017 20,000
Amortisation
At 31 January 2017 -
Net book value
At 31 January 2017 20,000
At 31 January 2016 20,000
Goodwill is not being written off over its estimated economic life of 20 years.
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 February 2016 28,026 16,383 2,525 46,934
At 31 January 2017 28,026 16,383 2,525 46,934
Depreciation
At 1 February 2016 - 16,383 2,525 18,908
At 31 January 2017 - 16,383 2,525 18,908
Net book value
At 31 January 2017 28,026 - - 28,026
At 31 January 2016 28,026 - - 28,026
4 Creditors: amounts falling due within one year 2017 2016
£ £
Bank loans and overdrafts 17,030 8,855
Trade creditors 3,119 8,312
Corporation tax 354 310
Other taxes and social security costs 3,297 3,304
Other creditors 31,699 34,761
55,499 55,542
5 Other information
Cheshire Cuisine Limited is a private company limited by shares and incorporated in England. Its registered office is:
Sahib Restaurant
4/6 The Cross
Lymm
Cheshire
WA13 0HP
Cheshire Cuisine Limited 06534642 false 2016-02-01 2017-01-31 2017-01-31 VT Final Accounts June 2017 Abdul Jahid No description of principal activity 06534642 core:WithinOneYear 2016-01-31 06534642 core:ShareCapital 2016-01-31 06534642 core:RetainedEarningsAccumulatedLosses 2016-01-31 06534642 2016-02-01 2017-01-31 06534642 bus:PrivateLimitedCompanyLtd 2016-02-01 2017-01-31 06534642 bus:AuditExemptWithAccountantsReport 2016-02-01 2017-01-31 06534642 bus:Director40 2016-02-01 2017-01-31 06534642 2 2016-02-01 2017-01-31 06534642 countries:England 2016-02-01 2017-01-31 06534642 bus:FRS102 2016-02-01 2017-01-31 06534642 bus:FullAccounts 2016-02-01 2017-01-31 06534642 2017-01-31 06534642 core:WithinOneYear 2017-01-31 06534642 core:ShareCapital 2017-01-31 06534642 core:RetainedEarningsAccumulatedLosses 2017-01-31 06534642 core:Goodwill 2017-01-31 06534642 core:LandBuildings 2017-01-31 06534642 core:PlantMachinery 2017-01-31 06534642 core:Vehicles 2017-01-31 06534642 2016-01-31 06534642 core:Goodwill 2016-01-31 06534642 core:LandBuildings 2016-01-31 06534642 core:PlantMachinery 2016-01-31 06534642 core:Vehicles 2016-01-31 iso4217:GBP