Abbreviated Company Accounts - FOODCOM LTD

Registered Number 08514065

FOODCOM LTD

Abbreviated Accounts

31 May 2014

FOODCOM LTD Registered Number 08514065

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	600
		600
Current assets
Debtors		16,686
Cash at bank and in hand		1,155
		17,841
Creditors: amounts falling due within one year		(18,321)
Net current assets (liabilities)		(480)
Total assets less current liabilities		120
Total net assets (liabilities)		120
Capital and reserves
Called up share capital		100
Profit and loss account		20
Shareholders' funds		120

For the year ending 31 May 2014 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 19 January 2015

And signed on their behalf by:
M ERLICH, Director

FOODCOM LTD Registered Number 08514065

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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 amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation, Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Fixtures,fitting & equipment 25% net book value

2Tangible fixed assets

	£
Cost
Additions	800
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	800
Depreciation
Charge for the year	200
On disposals	-
At 31 May 2014	200
Net book values
At 31 May 2014	600