Platters Catering Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07601841 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Platters Catering Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs A Porter

S Porter

REGISTERED OFFICE:

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

REGISTERED NUMBER:

07601841 (England and Wales)

ACCOUNTANTS:

KPSK Accounts and Tax Limited

6 Manor Park

Church Road

Gt Barton

Bury St Edmunds

Suffolk

IP31 2QR

FIXED ASSETS

Intangible assets

2

10,500

23,798

Tangible assets

3

43,041

48,986

53,541

72,784

CURRENT ASSETS

Stocks

3,000

2,500

Debtors

8,941

19,622

Cash at bank and in hand

15,623

16,910

27,564

39,032

CREDITORS

Amounts falling due within one year

4

59,513

117,309

NET CURRENT LIABILITIES

(31,949

)

(78,277

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,592

(5,493

)

CREDITORS

Amounts falling due after more than one year

4

(1,478

)

(5,206

)

PROVISIONS FOR LIABILITIES

(5,396

)

(2,795

)

NET ASSETS/(LIABILITIES)

14,718

(13,494

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

14,618

(13,594

)

SHAREHOLDERS' FUNDS

14,718

(13,494

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 8 October 2015 and were signed on its behalf by:

Mrs A Porter - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

2% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

59,498

Disposals

(6,998

)

At 30 April 2015

52,500

AMORTISATION

At 1 May 2014

35,700

Amortisation for year

10,500

Eliminated on disposal

(4,200

)

At 30 April 2015

42,000

NET BOOK VALUE

At 30 April 2015

10,500

At 30 April 2014

23,798

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

83,075

Additions

12,151

Disposals

(16,986

)

At 30 April 2015

78,240

DEPRECIATION

At 1 May 2014

34,089

Charge for year

9,317

Eliminated on disposal

(8,207

)

At 30 April 2015

35,199

NET BOOK VALUE

At 30 April 2015

43,041

At 30 April 2014

48,986

4.

CREDITORS

Creditors include an amount of £ 4,592 (30/4/14 - £ 7,705 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/15

30/4/14

value:

£

£

100

Ordinary

£1

100

100