Registered Number 07731855

NICK'S RESTAURANT (HAMPSHIRE) LIMITED

Abbreviated Accounts

31 July 2015

NICK'S RESTAURANT (HAMPSHIRE) LIMITED Registered Number 07731855

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 43,096 53,880
43,096 53,880
Current assets
Stocks 2,500 2,500
Debtors 590 554
Cash at bank and in hand 4,844 3,221
7,934 6,275
Creditors: amounts falling due within one year (129,915) (136,207)
Net current assets (liabilities) (121,981) (129,932)
Total assets less current liabilities (78,885) (76,052)
Total net assets (liabilities) (78,885) (76,052)
Capital and reserves
Called up share capital 250 250
Profit and loss account (79,135) (76,302)
Shareholders' funds (78,885) (76,052)
  • For the year ending 31 July 2015 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 5 January 2016

And signed on their behalf by:
N Prodrpmou, Director

NICK'S RESTAURANT (HAMPSHIRE) LIMITED Registered Number 07731855

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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 comprises the value of sales excluding value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less estimated residual value, over their expected useful lives on the following bases:
Plant and machinery 20 % per annum reducing balance basis
Fixtures and fittings 20 % per annum reducing balance basis
Computer equipment 25 % per annum reducing balance basis

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2Tangible fixed assets
£
Cost
At 1 August 2014 104,856
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 104,856
Depreciation
At 1 August 2014 50,976
Charge for the year 10,784
On disposals -
At 31 July 2015 61,760
Net book values
At 31 July 2015 43,096
At 31 July 2014 53,880