Abbreviated Company Accounts - FEST CAFE LTD

08254463 FEST CAFE LTD 2013-10-31 false 2012-10-16 2013-10-31 true 08254463 2012-10-16 2013-10-31 08254463 2013-10-31 08254463 uk-gaap-cd-bus:Director1 2012-10-16 2013-10-31 08254463 uk-gaap-cd-bus:Director2 2012-10-16 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-16 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 08254463

FEST CAFE LTD

Abbreviated Accounts

31 October 2013

FEST CAFE LTD Registered Number 08254463

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013
		£
Fixed assets
Tangible assets	2	7,724
		7,724
Current assets
Stocks		1,082
Debtors		76
Cash at bank and in hand		2,111
		3,269
Creditors: amounts falling due within one year		(25,708)
Net current assets (liabilities)		(22,439)
Total assets less current liabilities		(14,715)
Total net assets (liabilities)		(14,715)
Capital and reserves
Called up share capital	3	2
Profit and loss account		(14,717)
Shareholders' funds		(14,715)

For the year ending 31 October 2013 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 24 December 2014

And signed on their behalf by:
Zina Manda, Director

FEST CAFE LTD Registered Number 08254463

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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.

Equipment 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

2Tangible fixed assets

	£
Cost
Additions	10,300
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	10,300
Depreciation
Charge for the year	2,576
On disposals	-
At 31 October 2013	2,576
Net book values
At 31 October 2013	7,724

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £
2 Ordinary shares of £1 each	2