Abbreviated Company Accounts - WAFFLEMEISTER FRANCHISE LIMITED

08312044 WAFFLEMEISTER FRANCHISE LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 08312044 2015-01-01 2015-12-31 08312044 2015-12-31 08312044 2014-12-31 08312044 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 08312044 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08312044

WAFFLEMEISTER FRANCHISE LIMITED

Abbreviated Accounts

31 December 2015

WAFFLEMEISTER FRANCHISE LIMITED Registered Number 08312044

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		24,150	-
Debtors		105,851	8,797
Cash at bank and in hand		44,344	31,980
		174,345	40,777
Creditors: amounts falling due within one year		(290,779)	(89,643)
Net current assets (liabilities)		(116,434)	(48,866)
Total assets less current liabilities		(116,434)	(48,866)
Total net assets (liabilities)		(116,434)	(48,866)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(116,534)	(48,966)
Shareholders' funds		(116,434)	(48,866)

For the year ending 31 December 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 4 August 2016

And signed on their behalf by:
A TROULLIER, Director

WAFFLEMEISTER FRANCHISE LIMITED Registered Number 08312044

Notes to the Abbreviated Accounts for the period ended 31 December 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 January 2015).
1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3 Turnover
Turnover represents amounts receivable for franchise fees and services provided to the franchisee net of VAT and trade discounts.
1.4 Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recoded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100