ATLANTIC_DINERS_LIMITED - Accounts

ATLANTIC DINERS LIMITED - Company Information

Print Friendly Version

Company Registration No. 09211387 (England and Wales)

ATLANTIC DINERS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2015

ATLANTIC DINERS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ATLANTIC DINERS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

Notes

Fixed assets

Tangible assets

38,056

Current assets

Stocks

2,500

Debtors

21,147

Cash at bank and in hand

11,320

34,967

Creditors: amounts falling due within one year

(91,656)

Net current liabilities

(56,689)

Total assets less current liabilities

(18,633)

Capital and reserves

Called up share capital

100

Profit and loss account

(18,733)

Shareholders' funds

(18,633)

For the financial Period ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 June 2016

Mrs S Hawkins

Director

Company Registration No. 09211387

ATLANTIC DINERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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:

Land and buildings Leasehold

Over the life of the lease

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

ATLANTIC DINERS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 10 September 2014

Additions

42,496

At 31 December 2015

42,496

Depreciation

At 10 September 2014

Charge for the period

4,440

At 31 December 2015

4,440

Net book value

At 31 December 2015

38,056

Share capital

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

During the year 100 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide additional working capital.