Abbreviated Company Accounts - SPERRIN BAKERY LIMITED

SPERRIN BAKERY LIMITED - Company Information

NI611261 SPERRIN BAKERY LIMITED 2016-02-29 false 2015-03-01 2016-02-29 true NI611261 2015-03-01 2016-02-29 NI611261 2016-02-29 NI611261 2015-02-28 NI611261 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-29 NI611261 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-29 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number NI611261

SPERRIN BAKERY LIMITED

Abbreviated Accounts

29 February 2016

SPERRIN BAKERY LIMITED Registered Number NI611261

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	16,000	32,000
Tangible assets	3	118,479	107,403
		134,479	139,403
Current assets
Stocks		4,935	4,846
Debtors		200,428	135,921
		205,363	140,767
Creditors: amounts falling due within one year		(189,539)	(164,340)
Net current assets (liabilities)		15,824	(23,573)
Total assets less current liabilities		150,303	115,830
Creditors: amounts falling due after more than one year		(14,487)	(12,000)
Total net assets (liabilities)		135,816	103,830
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		135,716	103,730
Shareholders' funds		135,816	103,830

For the year ending 29 February 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 30 November 2016

And signed on their behalf by:
Edward Burke, Director

SPERRIN BAKERY LIMITED Registered Number NI611261

Notes to the Abbreviated Accounts for the period ended 29 February 2016

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 the total invoice value, excluding Value Added Tax, of all sales made during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows :-
Fixtures & Fittings 10% Straight Line
Vehicles 20% Straight Line

Intangible assets amortisation policy
Acquired goodwill is amortised in equal instalments over its useful economic life of 5 years

2Intangible fixed assets

	£
Cost
At 1 March 2015	80,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	80,000
Amortisation
At 1 March 2015	48,000
Charge for the year	16,000
On disposals	-
At 29 February 2016	64,000
Net book values
At 29 February 2016	16,000
At 28 February 2015	32,000

3Tangible fixed assets

	£
Cost
At 1 March 2015	156,833
Additions	37,048
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	193,881
Depreciation
At 1 March 2015	49,430
Charge for the year	25,972
On disposals	-
At 29 February 2016	75,402
Net book values
At 29 February 2016	118,479
At 28 February 2015	107,403

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100