Abbreviated Company Accounts - OISHIII JAPANESE EATERY LTD

Abbreviated Company Accounts - OISHIII JAPANESE EATERY LTD

OISHIII JAPANESE EATERY LTD - Company Information

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Registered Number 06791670

OISHIII JAPANESE EATERY LTD

Abbreviated Accounts

31 March 2014

OISHIII JAPANESE EATERY LTD Registered Number 06791670

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 71,528 77,081
71,528 77,081
Current assets
Stocks 12,760 12,400
Debtors 6,851 6,521
Cash at bank and in hand 2,741 3,149
22,352 22,070
Creditors: amounts falling due within one year (50,524) (43,769)
Net current assets (liabilities) (28,172) (21,699)
Total assets less current liabilities 43,356 55,382
Creditors: amounts falling due after more than one year (34,529) (68,901)
Total net assets (liabilities) 8,827 (13,519)
Capital and reserves
Called up share capital 1 1
Profit and loss account 8,826 (13,520)
Shareholders' funds 8,827 (13,519)
  • 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 16 July 2014

And signed on their behalf by:
Atique Islam CHOUDHURY, Director

OISHIII JAPANESE EATERY LTD Registered Number 06791670

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss accounts represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual
value, over the useful economic life of that asset as follows:

Equipment - 20% reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2013 110,596
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 110,596
Depreciation
At 1 April 2013 33,515
Charge for the year 5,553
On disposals -
At 31 March 2014 39,068
Net book values
At 31 March 2014 71,528
At 31 March 2013 77,081