Classic Caterers Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03713258 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2017

for

CLASSIC CATERERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Barry

R W Bidwell

SECRETARY:

J Barry

REGISTERED OFFICE:

Telecom House

125-135 Preston Road

Brighton

East Sussex

BN1 6AF

REGISTERED NUMBER:

03713258 (England and Wales)

ACCOUNTANTS:

McPhersons Walpole Harding

Chartered Certified Accountants

Telecom House

125-135 Preston Road

Brighton

East Sussex

BN1 6AF

FIXED ASSETS

Intangible assets

4

5,572

8,358

Tangible assets

5

62,252

55,811

67,824

64,169

CURRENT ASSETS

Stocks

500

500

Debtors

6

1,348

1,221

Cash at bank and in hand

15,348

12,453

17,196

14,174

CREDITORS

Amounts falling due within one year

7

(77,840

)

(64,915

)

NET CURRENT LIABILITIES

(60,644

)

(50,741

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,180

13,428

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

6,180

12,428

SHAREHOLDERS' FUNDS

7,180

13,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

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 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.

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 November 2017 and were signed on its behalf by:

J Barry - Director

R W Bidwell - Director

1.	STATUTORY INFORMATION

Classic Caterers Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2016

and 28 February 2017

82,825

AMORTISATION

At 1 March 2016

74,467

Charge for year

2,786

At 28 February 2017

77,253

NET BOOK VALUE

At 28 February 2017

5,572

At 29 February 2016

8,358

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2016

45,000

65,861

110,861

Additions

-

13,478

13,478

Disposals

-

(41,010

)

(41,010

)

At 28 February 2017

45,000

38,329

83,329

DEPRECIATION

At 1 March 2016

-

55,050

55,050

Charge for year

-

5,751

5,751

Eliminated on disposal

-

(39,724

)

(39,724

)

At 28 February 2017

-

21,077

21,077

NET BOOK VALUE

At 28 February 2017

45,000

17,252

62,252

At 29 February 2016

45,000

10,811

55,811

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Other debtors

1,348

1,221

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

29.2.16

£

£

Trade creditors

772

209

Taxation and social security

6,165

5,771

Other creditors

70,903

58,935

77,840

64,915

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors, both of whom own 50% of the issued share capital.