Abbreviated Company Accounts - VILLAGE FOOD STORES LIMITED

Abbreviated Company Accounts - VILLAGE FOOD STORES LIMITED


Registered Number 05665108

VILLAGE FOOD STORES LIMITED

Abbreviated Accounts

26 March 2016

VILLAGE FOOD STORES LIMITED Registered Number 05665108

Abbreviated Balance Sheet as at 26 March 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 10,000 10,000
Tangible assets 3 8,980 10,785
18,980 20,785
Current assets
Stocks 9,500 11,000
Cash at bank and in hand 2,055 1,000
11,555 12,000
Creditors: amounts falling due within one year (52,084) (55,223)
Net current assets (liabilities) (40,529) (43,223)
Total assets less current liabilities (21,549) (22,438)
Total net assets (liabilities) (21,549) (22,438)
Capital and reserves
Called up share capital 4 2 2
Profit and loss account (21,551) (22,440)
Shareholders' funds (21,549) (22,438)
  • For the year ending 26 March 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 15 February 2017

And signed on their behalf by:
S Singh, Director

VILLAGE FOOD STORES LIMITED Registered Number 05665108

Notes to the Abbreviated Accounts for the period ended 26 March 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.

2Intangible fixed assets
£
Cost
At 28 March 2015 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 26 March 2016 10,000
Amortisation
At 28 March 2015 -
Charge for the year -
On disposals -
At 26 March 2016 -
Net book values
At 26 March 2016 10,000
At 27 March 2015 10,000
3Tangible fixed assets
£
Cost
At 28 March 2015 27,853
Additions -
Disposals -
Revaluations -
Transfers -
At 26 March 2016 27,853
Depreciation
At 28 March 2015 17,068
Charge for the year 1,805
On disposals -
At 26 March 2016 18,873
Net book values
At 26 March 2016 8,980
At 27 March 2015 10,785
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2Ordinary shares of £1 each 2 2