Registered Number 08133630
FRESH & FRUITY LONDON LTD
Abbreviated Accounts
30 September 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
( |
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Provisions for liabilities |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Leasehold properties: Straight line over the life of the lease
Plant & machinery: 20% reducing balance
Fixtures, fittings & equipment: 20% reducing balance
Motor vehicles: 20% reducing balance
Intangible assets amortisation policy
Valuation information and policy
Stock is valued at the lower of cost and net realisable value.
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Other accounting policies
Full provision is made for deferred tax resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred tax is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
£ | |
---|---|
Cost | |
At 1 October 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2015 |
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Amortisation | |
At 1 October 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2015 |
|
Net book values | |
At 30 September 2015 | 760,000 |
At 30 September 2014 | - |
£ | |
---|---|
Cost | |
At 1 October 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2015 |
|
Depreciation | |
At 1 October 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2015 |
|
Net book values | |
At 30 September 2015 | 260,620 |
At 30 September 2014 | - |
2015
£ |
2014
£ |
|
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Secured Debts |
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Instalment debts due after 5 years |
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