Urban Catering Ltd 31/12/2017 iXBRL
Urban Catering Ltd 31/12/2017 iXBRL
COMPANY REGISTRATION NUMBER:
NI601997
UNAUDITED FILLETED FINANCIAL STATEMENTS
Urban Catering Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Urban Catering Ltd
Directors and other information
Directors |
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Company number |
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Registered office |
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Business address |
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Accountants |
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16 Main Street | ||
Limavady | ||
Co L'Derry | ||
BT49 0EU | ||
Bankers |
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30/32 Catherine Street | ||
Limavady | ||
BT49 9DB | ||
Solicitors |
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13 Main Street | ||
Limavady | ||
BT49 0EP | ||
Urban Catering Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Urban Catering Ltd
Year ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Urban Catering Ltd for the year ended 31 December 2017 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Urban Catering Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Urban Catering Ltd and state those matters that we have agreed to state to the board of directors of Urban Catering Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Urban Catering Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Urban Catering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Urban Catering Ltd. You consider that Urban Catering Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Urban Catering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Certified Accountants
16 Main Street
Limavady
Co L'Derry
BT49 0EU
28 September 2018
Urban Catering Ltd
Statement of financial position
31 December 2017
2017 | 2016 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current liabilities |
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Total assets less current liabilities |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
28 September 2018
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI601997
Urban Catering Ltd
Statement of changes in equity
Year ended 31 December 2017
Called up share capital | Profit and loss account | Total | |||
£ | £ | £ | |||
At 1 January 2016 |
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Profit for the year |
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Total comprehensive income for the year | - |
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At 31 December 2016 and 1 January 2017 |
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24,987 | 25,087 | ||
Profit for the year |
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Total comprehensive income for the year | - |
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At 31 December 2017 |
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Urban Catering Ltd
Notes to the financial statements
Year ended 31 December 2017
1.
General information
The company is a private company limited by shares, registered in N. Ireland. The address of the registered office is 29 Seacoast Road, Limavady, BT49 9DW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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Impairment
Stocks
Government grants
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2016:
3
).
5.
Tangible assets
Fixtures, fittings and equipment | Total | ||
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Cost | |||
At 1 January 2017 and 31 December 2017 |
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Depreciation | |||
At 1 January 2017 |
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Charge for the year |
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At 31 December 2017 |
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Carrying amount | |||
At 31 December 2017 |
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At 31 December 2016 |
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6.
Debtors
2017 | 2016 | |||
£ | £ | |||
Trade debtors |
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7.
Creditors: amounts falling due within one year
2017 | 2016 | |||
£ | £ | |||
Bank loans and overdrafts | - |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2017 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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2016 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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