HOTEL & CATERING STAFF SUPPLIES LIMITED

HOTEL & CATERING STAFF SUPPLIES LIMITED

HOTEL & CATERING STAFF SUPPLIES LIMITED - Company Information

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HOTEL & CATERING STAFF SUPPLIES LIMITED

Company Registration Number:
09212768 (England and Wales)

Unaudited abridged accounts for the year ended 28 November 2017

Period of accounts

Start date: 30 November 2016

End date: 28 November 2017

HOTEL & CATERING STAFF SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 28 November 2017

Balance sheet
Notes

HOTEL & CATERING STAFF SUPPLIES LIMITED

Balance sheet

As at 28 November 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 4,600 6,900
Total fixed assets: 4,600 6,900
Current assets
Debtors:   355,136 294,590
Cash at bank and in hand: 10 640
Total current assets: 355,146 295,230
Creditors: amounts falling due within one year:   (338,126) (254,588)
Net current assets (liabilities): 17,020 40,642
Total assets less current liabilities: 21,620 47,542
Total net assets (liabilities): 21,620 47,542
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 21,619 47,541
Shareholders funds: 21,620 47,542

The notes form part of these financial statements

HOTEL & CATERING STAFF SUPPLIES LIMITED

Balance sheet statements

For the year ending 28 November 2017 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 November 2018
and signed on behalf of the board by:

Name: R N Stephenson
Status: Director

The notes form part of these financial statements

HOTEL & CATERING STAFF SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 November 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other sales related taxes . The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of thegoods have passed to the buyer (usually on dispatch of the goods) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to theentity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values overtheir useful lives on the following bases:Fixtures, fittings & equipment 20% reducing balanceThe gain or loss arising on the disposal of an asset is determined as the difference between the saleproceeds and the carrying value of the asset, and is credited or charged to profit or loss .

HOTEL & CATERING STAFF SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 November 2017

2. Tangible Assets

Total
Cost £
At 30 November 2016 11,500
At 28 November 2017 11,500
Depreciation
At 30 November 2016 4,600
Charge for year 2,300
At 28 November 2017 6,900
Net book value
At 28 November 2017 4,600
At 29 November 2016 6,900