Company Registration No. 5543607 (England and Wales)
UK Spice And Ingredients Ltd
Unaudited accounts
for the year ended 31 August 2017
UK Spice And Ingredients Ltd
Unaudited accounts
Contents
UK Spice And Ingredients Ltd
Company Information
for the year ended 31 August 2017
Company Number
5543607 (England and Wales)
Registered Office
66 Wolsey Road
Northwood
Middlesex
HA6 2EH
United Kingdom
Accountants
Bettridge & Co Chartered Accountants
28 Broad Street
Wokingham
Berkshire
RG40 1AB
UK Spice And Ingredients Ltd
Statement of financial position
as at 31 August 2017
Investment property
1,744,877
1,744,877
Cash at bank and in hand
553,734
660,982
Creditors: amounts falling due within one year
(1,598,581)
(1,435,829)
Net current liabilities
(569,297)
(399,297)
Total assets less current liabilities
1,176,103
1,346,383
Creditors: amounts falling due after more than one year
(372,342)
(542,342)
Net assets
803,761
804,041
Called up share capital
5,100
5,100
Profit and loss account
798,661
798,941
Shareholders' funds
803,761
804,041
For the year ending 31 August 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 March 2018.
R Khanna
Director
Company Registration No. 5543607
UK Spice And Ingredients Ltd
Notes to the Accounts
for the year ended 31 August 2017
UK Spice And Ingredients Ltd is a private company, limited by shares, registered in England and Wales, registration number 5543607. The registered office is 66 Wolsey Road, Northwood, Middlesex, HA6 2EH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% WDV
UK Spice And Ingredients Ltd
Notes to the Accounts
for the year ended 31 August 2017
4
Tangible fixed assets
Computer equipment
Fair value at 1 September 2016
1,744,877
At 31 August 2017
1,744,877
Trade debtors
475,550
375,550
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
1,598,581
1,435,829
8
Creditors: amounts falling due after more than one year
2017
2016
Bank loans
372,342
542,342
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).