APPETITE FOR LIFE LIMITED

APPETITE FOR LIFE LIMITED

APPETITE FOR LIFE LIMITED - Company Information

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APPETITE FOR LIFE LIMITED

Company Registration Number:
04140306 (England and Wales)

Unaudited abridged accounts for the year ended 28 April 2017

Period of accounts

Start date: 29 April 2016

End date: 28 April 2017

APPETITE FOR LIFE LIMITED

Contents of the Financial Statements

for the Period Ended 28 April 2017

Balance sheet
Notes

APPETITE FOR LIFE LIMITED

Balance sheet

As at 28 April 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 3 500 500
Tangible assets: 4 44,687 52,100
Total fixed assets: 45,187 52,600
Current assets
Stocks: 41,222 40,449
Debtors:   22,844 17,093
Cash at bank and in hand: 76,166 61,674
Total current assets: 140,232 119,216
Creditors: amounts falling due within one year:   (209,142) (238,809)
Net current assets (liabilities): (68,910) (119,593)
Total assets less current liabilities: (23,723) (66,993)
Creditors: amounts falling due after more than one year:   (160,583) (175,225)
Total net assets (liabilities): (184,306) (242,218)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (184,406) (242,318)
Shareholders funds: (184,306) (242,218)

The notes form part of these financial statements

APPETITE FOR LIFE LIMITED

Balance sheet statements

For the year ending 28 April 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 January 2018
and signed on behalf of the board by:

Name: Mrs A Thompson
Status: Director

The notes form part of these financial statements

APPETITE FOR LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Leasehold property - Straight line over 13 yearsEquipment - 15% on costFixtures and Fittings - 15% on cost.

Intangible fixed assets and amortisation policy

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.Franchise are being amortised evenly over their estimated useful life.

Valuation and information policy

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

Other accounting policies

Hire Purchase and leasing commitments.Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.Pension costs and other post-retirement benefits.The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss in the period to which they relate.

APPETITE FOR LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2017

2. Employees

2017 2016
Average number of employees during the period 100 100

APPETITE FOR LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2017

3. Intangible Assets

Total
Cost £
At 29 April 2016 500
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 28 April 2017 500
Amortisation
At 29 April 2016 0
Charge for year 0
On disposals 0
Other adjustments 0
At 28 April 2017 0
Net book value
At 28 April 2017 500
At 28 April 2016 500

APPETITE FOR LIFE LIMITED

Notes to the Financial Statements

for the Period Ended 28 April 2017


4. Tangible Assets

Total
Cost £
At 29 April 2016 245,470
Additions 9,724
At 28 April 2017 255,194
Depreciation
At 29 April 2016 193,370
Charge for year 17,137
At 28 April 2017 210,507
Net book value
At 28 April 2017 44,687
At 28 April 2016 52,100