Commodore Catering Limited,Ltd - AccountsLtd - Accounts

Commodore Catering Limited,Ltd - AccountsLtd - Accounts

COMMODORE CATERING LIMITED - Company Information

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2016-03-01 09981648 2017-02-28 09981648 2016-03-01 2017-02-28 09981648 uk-core:WithinOneYear 2017-02-28 09981648 uk-core:ShareCapital 2017-02-28 09981648 uk-core:RetainedEarningsAccumulatedLosses 2017-02-28 09981648 uk-bus:Director1 2016-03-01 2017-02-28 09981648 uk-bus:Director2 2016-03-01 2017-02-28 09981648 uk-core:FurnitureFittings 2016-03-01 2017-02-28 09981648 3 uk-bus:Director1 2016-03-01 2017-02-28 09981648 3 uk-bus:Director1 2017-02-28 09981648 4 uk-bus:Director2 2016-03-01 2017-02-28 09981648 4 uk-bus:Director2 2017-02-28 iso4217:GBP 09981648 uk-bus:AuditExemptWithAccountantsReport 2016-03-01 2017-02-28 09981648 uk-bus:FRS102 2016-03-01 2017-02-28 09981648 uk-bus:FullAccounts 2016-03-01 2017-02-28 09981648 uk-bus:PrivateLimitedCompanyLtd 2016-03-01 2017-02-28
Commodore Catering Limited
Registered Number:09981648
For the year ended 28 February 2017
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2017
Commodore Catering Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 28 February 2017
Commodore Catering Limited
Statement of Financial Position
Registered Number :
09981648
£
2017
Notes
Fixed assets
Property, plant and equipment
2,441
2
2,441
Current assets
Inventories
9,181
Trade and other receivables
9,877
3
Cash and cash equivalents
21,440
40,498
Trade and other payables: amounts falling due within one
year
(38,453)
4
2,045
Net current assets
Total assets less current liabilities
4,486
4,486
Net assets/liabilities
Capital and reserves
Called up share capital
2
Retained earnings
4,484
4,486
Shareholders' funds
For the year ended 28 February 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
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.
Peter Tulley Director
Martyn Davies Director
These financial statements were approved and authorised for issue by the Board on 17 November 2017 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2017
Commodore Catering Limited
Notes to the Financial Statements
Statutory Information
Commodore Catering Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09981648.
Registered address:
Sand Bay
Kewstone
Weston Super Mare
Somerset
BS22 9UZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Reducing balance
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
2,872
Additions
At 28 February 2017
2,872
Provision for depreciation and impairment
Charge for year
431
At 28 February 2017
431
At 28 February 2017
Net book value
2,441
2 of 3
5
For the year ended 28 February 2017
Commodore Catering Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2017
£
Other debtors
9,877
4. Trade and other payables: amounts falling due within one year
2017
£
Trade creditors
12,108
Taxation and social security
23,770
Other creditors
2,575
38,453
5. Related party transactions
The controlling party was that of Peter Tulley and Martyn Davies as they hold all of the issued share capital of the
company.
6. Directors advances and guarantees
Loaned
At 28/02/2017
£
£
Peter Tulley
Loan to the Director
4,315
4,315
4,315
4,315
Martyn Davies
Loan to the Director
4,315
4,315
4,315
4,315
At the balance sheet date, the directors owed the company £8,630.
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