Abbreviated Company Accounts - BEST FOODS MIDLANDS LIMITED

Abbreviated Company Accounts - BEST FOODS MIDLANDS LIMITED

BEST FOODS MIDLANDS LIMITED - Company Information

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Registered Number 07861784

BEST FOODS MIDLANDS LIMITED

Abbreviated Accounts

30 November 2015

BEST FOODS MIDLANDS LIMITED Registered Number 07861784

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Called up share capital not paid 100 100
Fixed assets
Intangible assets - -
Tangible assets 2 15,953 12,289
15,953 12,289
Current assets
Stocks 10,623 2,905
Debtors - 13,390
Cash at bank and in hand 5,681 4,555
16,304 20,850
Prepayments and accrued income 1,713 1,664
Creditors: amounts falling due within one year (4,500) (9,980)
Net current assets (liabilities) 13,517 12,534
Total assets less current liabilities 29,570 24,923
Creditors: amounts falling due after more than one year (16,072) 0
Total net assets (liabilities) 13,498 24,923
Capital and reserves
Called up share capital 100 100
Revaluation reserve 24,823 8,782
Profit and loss account (11,425) 16,041
Shareholders' funds 13,498 24,923
  • For the year ending 30 November 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 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 26 August 2016

And signed on their behalf by:
MR Burhan Kurtbir, Director

BEST FOODS MIDLANDS LIMITED Registered Number 07861784

Notes to the Abbreviated Accounts for the period ended 30 November 2015

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 net invoiced sales of goods, excluding Vat £ 433115

2Tangible fixed assets
£
Cost
At 1 December 2014 15,694
Additions 6,020
Disposals -
Revaluations -
Transfers -
At 30 November 2015 21,714
Depreciation
At 1 December 2014 3,405
Charge for the year 2,356
On disposals -
At 30 November 2015 5,761
Net book values
At 30 November 2015 15,953
At 30 November 2014 12,289