| Aberdyfi Ice Cream Limited |
| Registered Number:06968179 |
For the year ended 30 September 2016
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2016
Aberdyfi Ice Cream Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 4
Notes to the Financial Statements
Aberdyfi Ice Cream Limited
Statement of Financial Position
2015
2016
| Property, plant and equipment |
23,508
30,745
2
23,508
30,745
4,250
4,000
| Trade and other receivables |
-
2,877
3
79,612
| Cash and cash equivalents |
87,861
94,738
83,862
| Trade and other payables: amounts falling due within one |
| year |
(46,996)
(40,187)
4
36,866
54,551
Net current assets
| Total assets less current liabilities |
78,059
67,611
| Trade and other payables: amounts falling due after more |
| than one year |
(9,474)
(5,263)
5
(761)
(2,123)
| Provisions for liabilities |
72,035
Net assets
56,014
100
100
71,935
55,914
72,035
56,014
Shareholders' funds
| For the year ended 30 September 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
1 of 4
For the year ended 30 September 2016
Aberdyfi Ice Cream Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 16 June 2017 and were signed by: |
| The notes form part of these financial statements |
2 of 4
For the year ended 30 September 2016
Aberdyfi Ice Cream Limited
Notes to the Financial Statements
Statutory Information
| Aberdyfi Ice Cream Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 06968179. |
2 Sea View Terrace
Aberdovey
Gywnedd
LL35 0EE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention |
| as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
3 of 4
For the year ended 30 September 2016
Aberdyfi Ice Cream Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
48,301
46,509
1,792
6,451
6,451
-
1,792
52,960
54,752
| Provision for depreciation and impairment |
17,556
16,884
672
Charge for year
13,688
13,240
448
31,244
30,124
1,120
672
22,836
23,508
1,120
29,625
30,745
| 3. Trade and other receivables |
2015
2016
| Amounts owed by group undertakings and participating interest |
| s |
2,877
-
| 4. Trade and other payables: amounts falling due within one year |
2015
2016
4,882
942
5,906
10,161
| Taxation and social security |
23,165
23,794
6,234
12,099
40,187
46,996
| 5. Trade and other payables: amounts falling due after more than one year |
2015
2016
5,263
9,474
4 of 4