Abbreviated Company Accounts - THE NORTHUMBRIAN BAKEHOUSE LIMITED
Abbreviated Company Accounts - THE NORTHUMBRIAN BAKEHOUSE LIMITED
Registered Number 08869762
THE NORTHUMBRIAN BAKEHOUSE LIMITED
Abbreviated Accounts
31 January 2016
THE NORTHUMBRIAN BAKEHOUSE LIMITED Registered Number 08869762
Abbreviated Balance Sheet as at 31 January 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 January 2016 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
And signed on their behalf by:
THE NORTHUMBRIAN BAKEHOUSE LIMITED Registered Number 08869762
Notes to the Abbreviated Accounts for the period ended 31 January 2016
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing difference can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Going concern
Notwithstanding the deficiency of shareholders' funds, the financial statements are prepared on a going concern basis. The director is satisfied that funding is in place to enable the company to continue to trade for the foreseeable future.