Eat Club Limited - Limited company accounts 17.3

REGISTERED NUMBER: 09079987 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2017

FOR

EAT CLUB LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Financial Statements

6

DIRECTORS:

P W Brown

R Soroko

S Holland

T Tricks

SECRETARY:

REGISTERED OFFICE:

Can Mezzanine

49-51 East Road

London

N1 6AH

REGISTERED NUMBER:

09079987 (England and Wales)

ACCOUNTANTS:

Liles Morris Limited

1st Floor

80 Coombe Road

New Malden

Surrey

KT3 4QS

The directors present their report with the financial statements of the company for the year ended 30 June 2017.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the provision of cookery courses to improve

the health and wellbeing of young people.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2016 to the date of this report.

P W Brown

R Soroko

Other changes in directors holding office are as follows:

D Brittan - resigned 1 September 2016

S Holland - appointed 8 September 2016

T Tricks - appointed 1 July 2016

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with

applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors

have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting

Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not

approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the

company and of the profit or loss of the company for that period. In preparing these financial statements, the directors

are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the

company's transactions and disclose with reasonable accuracy at any time the financial position of the company and

enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for

safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud

and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

R Soroko - Director

16 November 2017

TURNOVER

12,219

1,505

Cost of sales

2,193

1,495

GROSS PROFIT

10,026

10

Administrative expenses

1,702

956

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) BEFORE TAXATION

8,324

(946

)

Tax on profit/(loss)

-

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

8,324

(946

)

CURRENT ASSETS

Debtors

4

110

-

Cash at bank

9,156

846

9,266

846

CREDITORS

Amounts falling due within one year

5

480

384

NET CURRENT ASSETS

8,786

462

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,786

462

RESERVES

Retained earnings

8,786

462

8,786

462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 November 2017 and were signed on its behalf
by:

P W Brown - Director

R Soroko - Director

Retained

Total

earnings

equity

£

Balance at 1 July 2015

1,408

Changes in equity

Total comprehensive income

(946

)

(946

)

Balance at 30 June 2016

462

Changes in equity

Total comprehensive income

8,324

Balance at 30 June 2017

8,786

1.	STATUTORY INFORMATION

Eat Club Limited is a private company, limited by guarantee , registered in England and Wales. The company's

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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. There were no material departures from this standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 30th June 2017 are the first financial statements that comply with

FRS 102 Section 1A "Small Entities". The date of transition is 1st July 2016.

The transition to FRS 102 Section 1A "Small Entities" has resulted in no changes in accounting policies to those

previously used and consequently the comparatives have not been restated.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

110

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Other creditors

480

384