Da Paolo Restaurant Limited - Abbreviated accounts 16.1

Da Paolo Restaurant Limited - Abbreviated accounts 16.1

DA PAOLO RESTAURANT LIMITED - Company Information

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REGISTERED NUMBER: 05109453 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

Da Paolo Restaurant Limited

Da Paolo Restaurant Limited (Registered number: 05109453)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 October 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

Da Paolo Restaurant Limited

COMPANY INFORMATION
for the Year Ended 31 October 2015







DIRECTOR: Mr C A Da Camara Maia





SECRETARY: Mrs I Da Camara





REGISTERED OFFICE: Units SCF 1 & 2 South Core
Western Int Market
Hayes Road
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 05109453 (England and Wales)





ACCOUNTANTS: Cooper Dawn Jerrom Limited
Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ
Page 1
Da Paolo Restaurant Limited (Registered number: 05109453)

ABBREVIATED BALANCE SHEET
31 October 2015

31.10.15 31.10.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 70,600 88,250
Tangible assets 3 18,106 16,096
88,706 104,346

CURRENT ASSETS
Stocks 1,500 1,500
Debtors 73,965 80,031
Cash at bank and in hand 29,890 17,780
105,355 99,311
CREDITORS
Amounts falling due within one year 76,007 83,167
NET CURRENT ASSETS 29,348 16,144
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,054
120,490

CREDITORS
Amounts falling due after more than one
year
21,152
32,216
NET ASSETS 96,902 88,274

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 96,802 88,174
SHAREHOLDERS' FUNDS 96,902 88,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
Da Paolo Restaurant Limited (Registered number: 05109453)

ABBREVIATED BALANCE SHEET - continued
31 October 2015


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 director on 29 July 2016 and were signed by:





Mr C A Da Camara Maia - Director


The notes form part of these abbreviated accounts

Page 3
Da Paolo Restaurant Limited (Registered number: 05109453)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 October 2015

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 January 2015).

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 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014
and 31 October 2015 176,500
AMORTISATION
At 1 November 2014 88,250
Amortisation for year 17,650
At 31 October 2015 105,900
NET BOOK VALUE

At 31 October 2015 70,600
At 31 October 2014 88,250

Page 4 continued...
Da Paolo Restaurant Limited (Registered number: 05109453)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 October 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014 33,085
Additions 5,974
At 31 October 2015 39,059
DEPRECIATION
At 1 November 2014 16,989
Charge for year 3,964
At 31 October 2015 20,953
NET BOOK VALUE
At 31 October 2015 18,106
At 31 October 2014 16,096

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.15 31.10.14
value: £    £   
100 Ordinary £1 100 100

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2015 and
31 October 2014:

31.10.15 31.10.14
£    £   
Mr C A Da Camara Maia
Balance outstanding at start of year 67,800 (641 )
Amounts advanced - 68,441
Amounts repaid (3,287 ) -
Balance outstanding at end of year 64,513 67,800

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DA PAOLO RESTAURANT LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.


In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 October 2015 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Total Recognised Gains and Losses and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has been
undertaken so that we might compile the financial statements that we have been engaged to compile, report to the
company's director that we have done so, and state those matters that we have agreed to state to him in this report and
for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with technical guidance issued by the Institute of Chartered
Accountants in England & Wales and have complied with the ethical guidance laid down by the Institute relating to
members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 October 2015 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Cooper Dawn Jerrom Limited
Chartered Accountants
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ


29 July 2016

This page does not form part of the abbreviated accounts

Page 6