Abbreviated Company Accounts - AMER SUPERFRESH LIMITED

AMER SUPERFRESH LIMITED - Company Information

Registered Number 05627847

AMER SUPERFRESH LIMITED

Abbreviated Accounts

30 November 2013

AMER SUPERFRESH LIMITED Registered Number 05627847

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	176,840	190,202
Tangible assets	3	19,958	25,012
		196,798	215,214
Current assets
Stocks		25,315	39,068
Debtors		476,195	537,982
Investments		195,792	-
Cash at bank and in hand		42,206	17,920
		739,508	594,970
Creditors: amounts falling due within one year		(405,717)	(400,603)
Net current assets (liabilities)		333,791	194,367
Total assets less current liabilities		530,589	409,581
Total net assets (liabilities)		530,589	409,581
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		529,589	408,581
Shareholders' funds		530,589	409,581

For the year ending 30 November 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 30 August 2014

And signed on their behalf by:
Mr. R. Ali, Director

AMER SUPERFRESH LIMITED Registered Number 05627847

Notes to the Abbreviated Accounts for the period ended 30 November 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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Plant and Machinery reducing balance 20%
Commercial Vehicles reducing balance 25%

Intangible assets amortisation policy
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

2Intangible fixed assets

	£
Cost
At 1 December 2012	267,234
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	267,234
Amortisation
At 1 December 2012	77,032
Charge for the year	13,362
On disposals	-
At 30 November 2013	90,394
Net book values
At 30 November 2013	176,840
At 30 November 2012	190,202

3Tangible fixed assets

	£
Cost
At 1 December 2012	65,295
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	65,295
Depreciation
At 1 December 2012	40,283
Charge for the year	5,054
On disposals	-
At 30 November 2013	45,337
Net book values
At 30 November 2013	19,958
At 30 November 2012	25,012