New Concept Beyond Catering Equipment Li - Accounts to registrar (filleted) - small 18.2
New Concept Beyond Catering Equipment Li - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| FOR |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 27 Ingram Street |
| Glasgow |
| G1 1HA |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| BALANCE SHEET |
| 31 December 2017 |
| 31.12.17 | 31.12.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| 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. |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| BALANCE SHEET - continued |
| 31 December 2017 |
| 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 by: |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| New Concept Beyond Catering Equipment Limited is a |
| Scotland. 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 |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 January 2017 |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | STOCKS |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| NEW CONCEPT BEYOND CATERING EQUIPMENT |
| LIMITED (REGISTERED NUMBER: SC454775) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 December 2017 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Hire purchase contracts |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2017 and |
| 31 December 2016: |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| At 31/12/17 £7,812 is owed to the company by the director Mr S Formisano. The loan is interest free. The loan |
| is repaid in full in March 2018. It is disclosed under other debtors in the notes to the financial statements. |
| 10. | RELATED PARTY DISCLOSURES |
| At 31st December 2017 an amount of £17,668 (2016 - £24,436 ) is owed by the company to Namast Limited. |
| The loan is interest free with no fixed date for repayment. It is disclosed under other creditors in the notes to the |
| financial statements. Mr S Formisano is a shareholder and director of both New Concept Beyond Catering |
| Limited and Namast Limited. |