Heart of England Catering Butchers (2000 - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04005918 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2014

for

Heart of England

Catering Butchers (2000) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I Ind

P Breslin

M Warren

SECRETARY:

Breslins Birmingham Ltd

REGISTERED OFFICE:

Crosby Court

28 George Street

Birmingham

B3 1QG

REGISTERED NUMBER:

04005918 (England and Wales)

ACCOUNTANTS:

Breslins Birmingham Ltd

Chartered Accountants

Crosby Court

28 George Street

Birmingham

B3 1QG

FIXED ASSETS

Tangible assets

2

44,797

39,351

CURRENT ASSETS

Stocks

82,462

84,926

Debtors

373,926

362,201

Cash at bank and in hand

3,277

1,791

459,665

448,918

CREDITORS

Amounts falling due within one year

3

457,281

446,075

NET CURRENT ASSETS

2,384

2,843

TOTAL ASSETS LESS CURRENT LIABILITIES

47,181

42,194

CREDITORS

Amounts falling due after more than one year

3

31,837

29,619

NET ASSETS

15,344

12,575

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

15,244

12,475

SHAREHOLDERS' FUNDS

15,344

12,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 March 2015 and were signed on its behalf by:

I Ind - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Stock

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

158,820

Additions

15,595

Disposals

(20,000

)

At 30 June 2014

154,415

DEPRECIATION

At 1 July 2013

119,469

Charge for year

10,149

Eliminated on disposal

(20,000

)

At 30 June 2014

109,618

NET BOOK VALUE

At 30 June 2014

44,797

At 30 June 2013

39,351

3.

CREDITORS

Creditors include an amount of £ 248,214 (30.6.13 - £ 225,605 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

100

Ordinary Shares

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr I Ind, majority shareholder and company director.