Taste Maker Concepts Ltd(T/A Love Pizza) - Accounts to registrar (filleted) - small 17.3
Taste Maker Concepts Ltd(T/A Love Pizza) - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 April 2017 |
| for |
| Taste Maker Concepts Limited |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2017 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 3 |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Balance Sheet |
| 30 April 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Balance Sheet - continued |
| 30 April 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2017 |
| 1. | STATUTORY INFORMATION |
| Taste Maker Concepts Limited is a |
| company's registered number and registered office address are as below: |
| Registered number: | 09085328 |
| Registered office: | Unit 4 Royal Mills |
| Ancoats |
| Manchester |
| M4 5BA |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements for the year ended 30 April 2017 are the first financial statements that comply with |
| section 1A "Small Entities" of FRS102. The date of transition is 1 May 2015. There are no transition adjustments. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Revenue is recognised as the company becomes entitled to consideration for the goods supplied. |
| Tangible fixed assets |
| Kitchen equipment | - |
| Fixtures and fittings | - |
| Office equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, |
| 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. |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2017 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Kitchen | and | Office |
| equipment | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 May 2016 |
| Additions |
| At 30 April 2017 |
| DEPRECIATION |
| At 1 May 2016 |
| Charge for year |
| At 30 April 2017 |
| NET BOOK VALUE |
| At 30 April 2017 |
| At 30 April 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Taste Maker Concepts Limited (Registered number: 09085328) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2017 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| At the balance sheet date £216,571 (2016 - £142,359) was owed to related parties. |
| 9. | ULTIMATE CONTROLLING PARTY |
| The controlling party is H S Dhaliwal. |