Always Available Vending Ltd - Period Ending 2015-06-30

Always Available Vending Ltd - Period Ending 2015-06-30


Always Available Vending Ltd 08877683 false true 2014-02-05 2015-06-30 2015-06-30 08877683 2014-02-05 2015-06-30 08877683 2015-06-30 08877683 uk-bus:OrdinaryShareClass1 2015-06-30 08877683 uk-bus:Director1 2014-02-05 2015-06-30 08877683 uk-bus:OrdinaryShareClass1 2014-02-05 2015-06-30 08877683 uk-gaap:PlantMachinery 2014-02-05 2015-06-30 08877683 2014-02-04 iso4217:GBP xbrli:shares

Registration number: 08877683

Always Available Vending Ltd

trading as Always Available Vending Ltd

Unaudited Abbreviated Accounts

for the Period from 5 February 2014 to 30 June 2015

 

 

Always Available Vending Ltd
trading as Always Available Vending Ltd
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Always Available Vending Ltd
trading as Always Available Vending Ltd
(Registration number: 08877683)
Abbreviated Balance Sheet at 30 June 2015

   

Note

   

30 June 2015
£

 

Fixed assets

 

       

Tangible fixed assets

 

   

6,718

 

Current assets

 

       

Stocks

 

   

2,926

 

Cash at bank and in hand

 

   

26

 
   

   

2,952

 

Creditors: Amounts falling due within one year

 

   

(2,934)

 

Net current assets

 

   

18

 

Total assets less current liabilities

 

   

6,736

 

Creditors: Amounts falling due after more than one year

 

   

(8,500)

 

Net liabilities

 

   

(1,764)

 

Capital and reserves

 

       

Called up share capital

 

3

   

100

 

Profit and loss account

 

   

(1,864)

 

Shareholders' deficit

 

   

(1,764)

 

For the year ending 30 June 2015 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 director acknowledges her 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 director on 3 November 2015


 
Mrs Diane Jervis
 
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Always Available Vending Ltd
trading as Always Available Vending Ltd
Notes to the Abbreviated Accounts for the Period from 5 February 2014 to 30 June 2015
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The director has agreed to support the company for a period of at least 12 months and not to withdraw the funds lent to the company until such time as funds permit. Accordingly the accounts have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

 

Always Available Vending Ltd
trading as Always Available Vending Ltd
Notes to the Abbreviated Accounts for the Period from 5 February 2014 to 30 June 2015
......... continued

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

Additions

 

8,958

   

8,958

 

At 30 June 2015

 

8,958

   

8,958

 

Depreciation

           

Charge for the period

 

2,240

   

2,240

 

At 30 June 2015

 

2,240

   

2,240

 

Net book value

           

At 30 June 2015

 

6,718

   

6,718

 

3

Share capital

Allotted, called up and fully paid shares

 

30 June 2015

   

No.

   

£

 

Ordinary shares of £1 each

 

100

   

100

 
             

New shares allotted

During the period 100 Ordinary shares having an aggregate nominal value of £100 were allotted for an aggregate consideration of £100. on incorporation.