Abbreviated Company Accounts - FRESHCO CATERING SERVICES LIMITED

FRESHCO CATERING SERVICES LIMITED - Company Information

Registered Number 07952635

FRESHCO CATERING SERVICES LIMITED

Abbreviated Accounts

31 March 2014

FRESHCO CATERING SERVICES LIMITED Registered Number 07952635

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	18,000	19,000
Tangible assets	3	8,015	10,686
		26,015	29,686
Current assets
Stocks		2,450	1,950
Debtors		31,644	37,946
Cash at bank and in hand		32,386	6,434
		66,480	46,330
Creditors: amounts falling due within one year		(53,729)	(62,102)
Net current assets (liabilities)		12,751	(15,772)
Total assets less current liabilities		38,766	13,914
Total net assets (liabilities)		38,766	13,914
Capital and reserves
Called up share capital		1,000	1
Profit and loss account		37,766	13,913
Shareholders' funds		38,766	13,914

For the year ending 31 March 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 December 2014

And signed on their behalf by:
A Hussain, Director

FRESHCO CATERING SERVICES LIMITED Registered Number 07952635

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures, fittings and equipment 25% reducing balance
Motor vehicles 25% reducing balance

Intangible assets amortisation policy
Goodwill is being written off over 20 years.

Valuation information and policy
Stocks

Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 April 2013	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	20,000
Amortisation
At 1 April 2013	1,000
Charge for the year	1,000
On disposals	-
At 31 March 2014	2,000
Net book values
At 31 March 2014	18,000
At 31 March 2013	19,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	14,248
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	14,248
Depreciation
At 1 April 2013	3,562
Charge for the year	2,671
On disposals	-
At 31 March 2014	6,233
Net book values
At 31 March 2014	8,015
At 31 March 2013	10,686