LEODIS COFFEE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2016
Company Registration No. 09827174 (England and Wales)
LEODIS COFFEE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
LEODIS COFFEE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 OCTOBER 2016
31 October 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
731
Current assets
Stocks
18,004
Debtors
4,981
Cash at bank and in hand
7,324
30,309
Creditors: amounts falling due within one year
(30,356)
Net current liabilities
(47)
Total assets less current liabilities
684
Provisions for liabilities
(93)
591
Capital and reserves
Called up share capital
3
100
Profit and loss account
491
Shareholders' funds
591
For the financial period ended 31 October 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 March 2017
Mr W I Richardson
Mr A I Maltby
Director
Director
Company Registration No. 09827174
LEODIS COFFEE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 OCTOBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33.3% straight line
Fixtures, fittings & equipment
25% reducing balance
1.5
Stock
Stock is valued at the lower of cost and net realisable value.
2
Fixed assets
Tangible assets
£
Cost
At 16 October 2015
-
Additions
801
At 31 October 2016
801
Depreciation
At 16 October 2015
-
Charge for the period
70
At 31 October 2016
70
Net book value
At 31 October 2016
731
LEODIS COFFEE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 OCTOBER 2016
- 3 -
3
Share capital
2016
£
Allotted, called up and fully paid
75 Ordinary shares A of £1 each
75
25 Ordinary shares B of £1 each
25
100
2016-10-31falsetruetruetruetruetrue2015-11-01tmp5B69.html2017-04-03098271742015-11-012016-10-31098271742016-10-3109827174uk-bus:Director12015-11-012016-10-3109827174uk-bus:Director22015-11-012016-10-3109827174uk-gaap:ComputerEquipment2015-11-012016-10-3109827174uk-gaap:FixturesFittingsToolsEquipment2015-11-012016-10-3109827174uk-bus:OrdinaryShareClass12015-11-012016-10-3109827174uk-bus:OrdinaryShareClass22015-11-012016-10-3109827174uk-bus:OrdinaryShareClass12016-10-3109827174uk-bus:OrdinaryShareClass22016-10-31xbrli:purexbrli:sharesiso4217:GBP
