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REGISTERED NUMBER: 07417289 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2016

for

Fine Food Hampers Limited

Fine Food Hampers Limited (Registered number: 07417289)






Contents of the Financial Statements
for the Year Ended 31 December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fine Food Hampers Limited

Company Information
for the Year Ended 31 December 2016







DIRECTOR: Mrs T H Porter



REGISTERED OFFICE: c/o Derede Associates Limited
14a Waterside Business Park
Livingstone Road
Hessle
East Yorkshire
HU13 0EG



REGISTERED NUMBER: 07417289 (England and Wales)



ACCOUNTANTS: Derede Associates Limited
14a Waterside Business Park
Livingstone Road
Hessle
East Yorkshire
HU13 0EG



BANKERS: HSBC Bank plc
3-4 Jameson Street
Hull
East Yorkshire
HU1 3JX

Fine Food Hampers Limited (Registered number: 07417289)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,933 18,133
Tangible assets 5 2,881 2,914
17,814 21,047

CURRENT ASSETS
Stocks 140,896 139,219
Debtors 6 84,946 10,724
Cash at bank 89,930 213,686
315,772 363,629
CREDITORS
Amounts falling due within one year 7 247,533 286,987
NET CURRENT ASSETS 68,239 76,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,053

97,689

PROVISIONS FOR LIABILITIES 508 491
NET ASSETS 85,545 97,198

CAPITAL AND RESERVES
Called up share capital 9 103 100
Retained earnings 10 85,442 97,098
SHAREHOLDERS' FUNDS 85,545 97,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

Fine Food Hampers Limited (Registered number: 07417289)

Balance Sheet - continued
31 December 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss account has not been delivered.

The financial statements were approved by the director on 28 September 2017 and were signed by:





Mrs T H Porter - Director


Fine Food Hampers Limited (Registered number: 07417289)

Notes to the Financial Statements
for the Year Ended 31 December 2016

1. STATUTORY INFORMATION

Fine Food Hampers Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced provision of goods and services, excluding value added tax.

Revenue Recognition

Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company
receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on
their fair value of the right to consideration at the balance sheet date

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine
whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the
recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where
it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount
of the cash-generating unit to which the asset belongs.

Stocks
Stocks are valued at the lower of costs and net realisable value, after making due allowance for obsolete and
slow moving items. Overheads are charged to profit and loss as incurred. Net realisable value is based on the
estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which its
related revenue is recognised. The amount of any write-down of stocks to net realisable value and losses of
stocks are recognised as an expenses in the period in which the write-down or loss occurs. The amount of any
reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an
expense in the period in which the reversal occurs.


Fine Food Hampers Limited (Registered number: 07417289)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss account, except
to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2015 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2016
and 31 December 2016 32,000
AMORTISATION
At 1 January 2016 13,867
Charge for year 3,200
At 31 December 2016 17,067
NET BOOK VALUE
At 31 December 2016 14,933
At 31 December 2015 18,133

Fine Food Hampers Limited (Registered number: 07417289)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2016 5,574 675 6,249
Additions 478 919 1,397
Disposals (546 ) - (546 )
At 31 December 2016 5,506 1,594 7,100
DEPRECIATION
At 1 January 2016 3,112 223 3,335
Charge for year 679 526 1,205
Eliminated on disposal (321 ) - (321 )
At 31 December 2016 3,470 749 4,219
NET BOOK VALUE
At 31 December 2016 2,036 845 2,881
At 31 December 2015 2,462 452 2,914

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors 55,475 7,756
Other debtors 1 -
Prepayments 29,470 2,968
84,946 10,724

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 43,333 53,721
Tax 12,183 8,676
Social security and other taxes 16,216 6,863
Other creditors 73,608 183,966
Directors' current accounts 91,910 31,911
Accrued expenses 10,283 1,850
247,533 286,987

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.16 31.12.15
£    £   
Within one year 7,750 -

Fine Food Hampers Limited (Registered number: 07417289)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.16 31.12.15
value: £    £   
100 Ordinary £1 100 100
1 Ordinary A £1 1 -
1 Ordinary B £1 1 -
1 Ordinary C £1 1 -
103 100

The following shares were issued during the year for cash at par :

1 Ordinary A share of £1
1 Ordinary B share of £1
1 Ordinary C share of £1

10. RESERVES
Retained
earnings
£   

At 1 January 2016 97,098
Profit for the year 49,144
Dividends (60,800 )
At 31 December 2016 85,442

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and
31 December 2015:

31.12.16 31.12.15
£    £   
Mrs T H Porter
Balance outstanding at start of year (31,911 ) (921 )
Amounts advanced 1 1
Amounts repaid (60,000 ) (30,991 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (91,910 ) (31,911 )

The sum is interest free and repayable on demand.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 (2015 - £33,000) were paid to the director .

During the year, Mrs T Porter, the director, provided consultancy services to the company through her
employment with an independent firm of consultants. The total value of the consultancy services provided was
£0 (2015 - £59,274). The transactions were conducted on an arm's length basis, and under normal commercial
terms. At the year end, an amount of £0 (2015 - £0) was outstanding.



Fine Food Hampers Limited (Registered number: 07417289)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

13. ULTIMATE CONTROLLING PARTY

The company is controlled by the director.

14. FIRST YEAR ADOPTION

On transition to FRS102 the company has taken advantage of the following transitional relief:

- Not to disclose the reconciliation of equity and profit and loss due to no subsequent changes.

- Not to include immaterial employee benefits accruing at the balance sheet date.