Fine Food Hampers Limited - Limited company - abbreviated

REGISTERED NUMBER: 07417289 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2013

for

Fine Food Hampers Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

FIXED ASSETS

Intangible assets

2

24,533

27,733

Tangible assets

3

2,608

1,327

27,141

29,060

CURRENT ASSETS

Stocks

66,131

42,564

Debtors

3,864

10,773

Cash at bank

119,482

56,969

189,477

110,306

CREDITORS

Amounts falling due within one year

93,120

77,544

NET CURRENT ASSETS

96,357

32,762

TOTAL ASSETS LESS CURRENT
LIABILITIES

123,498

61,822

PROVISIONS FOR LIABILITIES

384

-

NET ASSETS

123,114

61,822

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

123,014

61,722

SHAREHOLDERS' FUNDS

123,114

61,822

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 June 2014 and were signed by:

Mrs T H Porter - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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.

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

32,000

AMORTISATION

At 1 January 2013

4,267

Amortisation for year

3,200

At 31 December 2013

7,467

NET BOOK VALUE

At 31 December 2013

24,533

At 31 December 2012

27,733

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

1,706

Additions

2,150

At 31 December 2013

3,856

DEPRECIATION

At 1 January 2013

379

Charge for year

869

At 31 December 2013

1,248

NET BOOK VALUE

At 31 December 2013

2,608

At 31 December 2012

1,327

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

100

Ordinary

£1

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2013 and

31 December 2012:

31.12.13

31.12.12

£

P Drinkell

Balance outstanding at start of year

-

(22,973

)

Amounts advanced

6,000

22,973

Amounts repaid

(9,909

)

-

Balance outstanding at end of year

(3,909

)

-

Mr P Drinkell was appointed as a director on 9 October 2013. The balance owed to him by the company at that

date was £9,909, which has been transferred from Other creditors.

This balance is interest free and repayable on demand.