Sunnys Olive Tree Limited xbrl

Sunnys Olive Tree Limited xbrl

SUNNY'S OLIVE TREE LIMITED - Company Information

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2013-04-01 2014-03-31 2014-03-31 true false 05847480 2014-03-31 05847480 2013-03-31 05847480 2013-04-01 2014-03-31 05847480 2012-04-01 2013-03-31 05847480 uk-cd-pres:AllEntityOfficers 2013-04-01 2014-03-31 05847480 uk-cd-pres:AllEntityOfficers 2012-04-01 2013-03-31 05847480 uk-cd-pres:CompanySecretary 2013-04-01 2014-03-31 05847480 uk-cd-pres:CompanySecretaryDirector 2013-04-01 2014-03-31 05847480 uk-cd-pres:CompanySecretaryDirector 2014-03-31 05847480 uk-cd-pres:Director1 2013-04-01 2014-03-31 05847480 uk-cd-pres:Director1 2014-03-31 05847480 uk-cd-pres:AllOrdinaryShares 2014-03-31 05847480 uk-cd-pres:AllPreferenceShares 2014-03-31 05847480 uk-cd-pres:AllOrdinaryShares 2013-03-31 05847480 uk-cd-pres:AllPreferenceShares 2013-03-31 05847480 uk-cd-pres:AllOrdinaryShares 2013-04-01 2014-03-31 05847480 uk-cd-pres:AllPreferenceShares 2013-04-01 2014-03-31 05847480 uk-cd-pres:RegisteredOffice 2013-04-01 2014-03-31 05847480 uk-cd-pres:EntityAccountantsOrAuditors 2014-03-31 05847480 uk-cd-pres:EntityAccountantsOrAuditors 2013-04-01 2014-03-31 05847480 uk-cd-pres:EntityAccountantsOrAuditors 2012-04-01 2013-03-31 05847480 uk-cd-pres:EntityBankers 2013-04-01 2014-03-31 05847480 uk-cd-pres:EntityLawyersOrLegalAdvisers 2013-04-01 2014-03-31 05847480 uk-countries:UnitedKingdom 2013-04-01 2014-03-31 05847480 uk-countries:Europe 2013-04-01 2014-03-31 05847480 uk-countries:NorthAmerica 2013-04-01 2014-03-31 05847480 uk-countries:OtherCountriesRegions 2013-04-01 2014-03-31 05847480 uk-countries:UnitedKingdom 2012-04-01 2013-03-31 05847480 uk-countries:Europe 2012-04-01 2013-03-31 05847480 uk-countries:NorthAmerica 2012-04-01 2013-03-31 05847480 uk-countries:OtherCountriesRegions 2012-04-01 2013-03-31 05847480 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2013-04-01 2014-03-31 05847480 uk-gaap-pt:LeasedTangibleFixedAssets 2013-04-01 2014-03-31 05847480 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2012-04-01 2013-03-31 05847480 uk-gaap-pt:LeasedTangibleFixedAssets 2012-04-01 2013-03-31 05847480 uk-gaap-pt:NetGoodwill 2013-03-31 05847480 uk-gaap-pt:IntellectualProperty 2013-03-31 05847480 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2013-03-31 05847480 uk-gaap-pt:OtherIntangibleFixedAssets 2013-03-31 05847480 uk-gaap-pt:NetGoodwill 2013-04-01 2014-03-31 05847480 uk-gaap-pt:IntellectualProperty 2013-04-01 2014-03-31 05847480 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2013-04-01 2014-03-31 05847480 uk-gaap-pt:OtherIntangibleFixedAssets 2013-04-01 2014-03-31 05847480 uk-gaap-pt:NetGoodwill 2014-03-31 05847480 uk-gaap-pt:IntellectualProperty 2014-03-31 05847480 uk-gaap-pt:PatentsCopyrightsTrademarksSimilar 2014-03-31 05847480 uk-gaap-pt:OtherIntangibleFixedAssets 2014-03-31 05847480 uk-gaap-pt:Buildings 2013-04-01 2014-03-31 05847480 uk-gaap-pt:Land 2013-04-01 2014-03-31 05847480 uk-gaap-pt:LandBuildings 2013-03-31 05847480 uk-gaap-pt:PlantMachinery 2013-03-31 05847480 uk-gaap-pt:FixturesFittings 2013-03-31 05847480 uk-gaap-pt:OfficeEquipment 2013-03-31 05847480 uk-gaap-pt:Vehicles 2013-03-31 05847480 uk-gaap-pt:LandBuildings 2013-04-01 2014-03-31 05847480 uk-gaap-pt:PlantMachinery 2013-04-01 2014-03-31 05847480 uk-gaap-pt:FixturesFittings 2013-04-01 2014-03-31 05847480 uk-gaap-pt:OfficeEquipment 2013-04-01 2014-03-31 05847480 uk-gaap-pt:Vehicles 2013-04-01 2014-03-31 05847480 uk-gaap-pt:LandBuildings 2014-03-31 05847480 uk-gaap-pt:PlantMachinery 2014-03-31 05847480 uk-gaap-pt:FixturesFittings 2014-03-31 05847480 uk-gaap-pt:OfficeEquipment 2014-03-31 05847480 uk-gaap-pt:Vehicles 2014-03-31 iso4217:GBP xbrli:pure
 
 
 
 
 
 
 
Sunnys Olive Tree Limited
 
 
Company Registration Number
05847480
 
 
Report of the Directors and
Abbreviated Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/04/2013
 
End date 31/03/2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
Sunnys Olive Tree Limited
 
Contents of the Financial Statements
for the Period Ended 31 March 2014
 
 
Page
Company Information 3
 
Report of the Accountants 4
 
Balance Sheet 5 - 6
 
Notes to the Financial Statements 7 - 10
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
Sunnys Olive Tree Limited
 
Company Information
for the Period Ended 31 March 2014
 
Directors Serpil Erce
 
Registered office C/O Gench & Company
3 Jarvis Close
Barking, Essex
IG11 7PZ
 
Company Registration Number 05847480
 
Accountants Name Gench & Company
Address 3 Jarvis Close
Barking
Essex
IG11 7PZ
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
Sunnys Olive Tree Limited
 
Accountants' Report
for the Period Ended 31 March 2014
 
Independent accountants' report
 
Report to the directors on the preparation of the unaudited statutory accounts of the company for theperiod ended 31 March 2014. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of the company for the period ended 31 March 2014 as set out on pages 3 to 10 which comprise of the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the
acounts of the company and state those matters that we have agreed to state to the Board of Directors
of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the company and its Board of Directors as a body for our
work or for this report.
 
It is your duty to ensure the company has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and profit/(loss) of
the company. You consider the company is exempt from the statutory audit requirement for the
period.
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.
 
 
 
 
 
 
 
Gench & Company
3 Jarvis Close
Barking
Essex
IG11 7PZ
 
Date 2014-07-15
Page 4
Sunnys Olive Tree Limited
Balance Sheet
for the Period Ended 31 March 2014
Company registration number 05847480
2014 2013
Notes £ £
Fixed assets
Tangible fixed assets 2 9,204 11,504
_______ _______
Total fixed assets 9,204 11,504
Current assets
Stocks 3 49,332 40,617
Debtors 4 389 643
Cash at bank and in hand 3,961 10,489
_______ _______
Total current assets 53,682 51,749
Creditors
Creditors - amounts falling
due within one year 5 30,531 28,828
_______ _______
Net current assets 23,151 22,921
_______ _______
Total assets less current liabilities 32,355 34,425
_______ _______
_____ _____
Net assets 32,355 34,425
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 7 32,255 34,325
_____ _____
Total shareholders funds 32,355 34,425
 
 
 
 
 
 
 
 
 
 
 
Page 5
Sunnys Olive Tree Limited
 
Balance Sheet
for the Period Ended 31 March 2014
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
 
For the year ending 31 March 2014 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.
 
The financial statements were approved by the Board of Directors on 2014-07-15
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name Serpil Erce
Status Director
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
Page 6
Sunnys Olive Tree Limited
Notes to the Financial Statements
for the Period Ended 31 March 2014
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).
Tangible fixed assets Depreciation
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings 0
Motor vehicles 0
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 7
Sunnys Olive Tree Limited
Notes to the Financial Statements
for the Period Ended 31 March 2014
2. Tangible fixed assets
Fixtures Motor Total
and fittings vehicles
Cost £ £ £
At 1 April 2013 15,945 6,880 22,825
_____ ____ _____
At 31 March 2014 15,945 6,880 22,825
Depreciation
At 1 April 2013 8,845 2,476 11,321
Charge for year 1,420 880 2,300
_____ ____ _____
At 31 March 2014 10,265 3,356 13,621
Net book value
At 31 March 2014 5,680 3,524 9,204
At 31 March 2013 7,100 4,404 11,504
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 8
Sunnys Olive Tree Limited
Notes to the Financial Statements
for the Period Ended 31 March 2014
3. Stocks 2014 2013
Raw materials 49,332 40,617
Total 49,332 40,617
4. Debtors 2014 2013
Prepayments and accrued income 389 643
___ ___
Total 389 643
5. Creditors amounts falling due within one year 2014 2013
Trade creditors 11,800 11,505
Corporation tax 5,165 5,889
Other taxation and social security 104 112
Accruals and deferred income 2,540 400
Other creditors 10,922 10,922
_____ _____
Total 30,531 28,828
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
Sunnys Olive Tree Limited
Notes to the Financial Statements
for the Period Ended 31 March 2014
6. Share capital 2014 2013
Authorised type Par value £ £
Ordinary shares 1 1,000 1,000
____ ____
Total 1,000 1,000
Allotted, called up and paid
Ordinary shares 100 100
___ ___
Total 100 100
7. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 April 2013 34,325
Profit/(Loss) for year 19,930
Dividends paid 22,000
_____
Retained profit at 31 March 2014 32,255
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10