Pickleodeon Foods Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06366007

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2017

FOR

PICKLEODEON FOODS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J F Wringe

Ms A E Norman

Ms S J Norman

SECRETARY:

J F Wringe

REGISTERED OFFICE:

108 High Street

Stevenage

Hertfordshire

SG1 3DW

REGISTERED NUMBER:

06366007

ACCOUNTANTS:

Barker Wilkinson Limited

108 High Street

Stevenage

Hertfordshire

SG1 3DW

CURRENT ASSETS

Debtors

3

4,244

6,830

Cash at bank

48,851

42,593

53,095

49,423

CREDITORS

Amounts falling due within one year

4

3,375

5,829

NET CURRENT ASSETS

49,720

43,594

TOTAL ASSETS LESS CURRENT LIABILITIES

49,720

43,594

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

49,718

43,592

SHAREHOLDERS' FUNDS

49,720

43,594

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 22nd March 2018 and were signed on its behalf by:

J F Wringe - Director

1.	STATUTORY INFORMATION

Pickleodeon Foods Limited is a private company, limited by shares , registered in Not specified/Other. 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.

The directors have assessed various factors and risks affecting the company and its ability in these difficult

economic times to continue to trade as a going concern.They have not identified any material uncertainties or

risks related to events or conditions that could cast significant doubt about the company's ability to continue as a

going concern and therefore the financial statements for the year ended 31st December 2017 have been prepared

using the going concern basis of accounting.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates

and assumptions about the carrying values of assets and liabilities that are not readily apparent from other

sources. The estimates and underlying assumptions are based on historical experience and other factors that are

considered to be relevant. Actual results may differ from those estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates

are recognised in the period in which the estimate is revised if the revision affects only that period, or in the

period of the revision and future periods if the revision affects both current and future periods.

Turnover

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

value added tax and other sales taxes.

Financial instruments

The directors consider all financial instruments to be basic financial instruments in accordance with paragraph 11

of FRS102. All basic financial instruments including trade and other debtors, cash and cash equivalents, and

trade and other creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

Trade and other receivables and payables

Trade and other receivables and payables are measured at amortised cost which approximates to fair value given

the short term nature of these assets and liabilities.

Trade receivables are valued at original invoice amount less an allowance for potentially un-collectable debts.

Provision is made where there is objective evidence to suggest that the company will not be in a position to

collect receivables as they fall due. Bad and Doubtful debts are written off in the profit and loss account on

identification.

Cash and cash equivalents

Cash and cash equivalents comprise cash balances held for the purposes of meeting short-term cash

commitments.

Taxation

Taxation for the year comprises current 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

4,242

6,828

Other debtors

2

2

4,244

6,830

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

1,535

1,597

Other creditors

1,840

4,232

3,375

5,829