DELIKATESY POLSKIE SMACZEK LIMITED

Company Registration Number:
07337920 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2017

Period of accounts

Start date: 01 September 2016

End date: 31 August 2017

DELIKATESY POLSKIE SMACZEK LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2017

Balance sheet
Notes

DELIKATESY POLSKIE SMACZEK LIMITED

Balance sheet

As at 31 August 2017


Notes

2017

2016


£

£
Fixed assets
Tangible assets: 3 239,082 255,169
Total fixed assets: 239,082 255,169
Current assets
Stocks: 108,175 78,050
Debtors: 4 426,055 331,643
Cash at bank and in hand: 844,284 981,428
Total current assets: 1,378,514 1,391,121
Creditors: amounts falling due within one year: 5 (521,920) (532,338)
Net current assets (liabilities): 856,594 858,783
Total assets less current liabilities: 1,095,676 1,113,952
Total net assets (liabilities): 1,095,676 1,113,952
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,095,576 1,113,852
Shareholders funds: 1,095,676 1,113,952

The notes form part of these financial statements

DELIKATESY POLSKIE SMACZEK LIMITED

Balance sheet statements

For the year ending 31 August 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 12 November 2018
and signed on behalf of the board by:

Name: T Buzala
Status: Director

The notes form part of these financial statements

DELIKATESY POLSKIE SMACZEK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc-25% on reducing balance and 10% on cost.

Other accounting policies

StocksStock are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

DELIKATESY POLSKIE SMACZEK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

2. Employees

2017 2016
Average number of employees during the period 40 39

DELIKATESY POLSKIE SMACZEK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

3. Tangible Assets

Total
Cost £
At 01 September 2016 471,233
Additions 52,296
At 31 August 2017 523,529
Depreciation
At 01 September 2016 216,064
Charge for year 68,383
At 31 August 2017 284,447
Net book value
At 31 August 2017 239,082
At 31 August 2016 255,169

DELIKATESY POLSKIE SMACZEK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

4. Debtors

2017 2016
££
Debtors due after more than one year: 426,055 331,643

DELIKATESY POLSKIE SMACZEK LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2017

5. Creditors: amounts falling due within one year note

Trade creditors-£342,782Tax-£50,031Social security and other taxes-£12,614VAT-£22,350Other creditors-£55,008Director's current account-£4,342Accrued expenses-£34,793