Registered number
SC377329
A and Z Pizza Ltd
Abbreviated Accounts
31 March 2016
A and Z Pizza Ltd
Registered number: SC377329
Abbreviated Balance Sheet
as at 31 March 2016
Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 330,000 330,000
Tangible assets 3 83,413 73,759
413,413 403,759
Current assets
Stocks 6,500 5,000
Cash at bank and in hand 59,492 47,312
65,992 52,312
Creditors: amounts falling due within one year (225,560) (207,034)
Net current liabilities (159,568) (154,722)
Total assets less current liabilities 253,845 249,037
Creditors: amounts falling due after more than one year (67,956) (98,562)
Net assets 185,889 150,475
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 185,789 150,375
Shareholders' funds 185,889 150,475
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Mr Zaffar Ahmed
Director
Approved by the board on 20 December 2016
A and Z Pizza Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures & fittings 20% straight line basis
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation 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.
2 Intangible fixed assets £
Cost
At 1 April 2015 330,000
At 31 March 2016 330,000
Amortisation
At 31 March 2016 -
Net book value
At 31 March 2016 330,000
At 31 March 2015 330,000
3 Tangible fixed assets £
Cost
At 1 April 2015 177,147
Additions 56,774
Disposals (1,667)
At 31 March 2016 232,254
Depreciation
At 1 April 2015 103,388
Charge for the year 46,452
On disposals (999)
At 31 March 2016 148,841
Net book value
At 31 March 2016 83,413
At 31 March 2015 73,759
4 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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