Abbreviated Company Accounts - ABH NEWS FOOD & WINE LIMITED

04553714 ABH NEWS FOOD & WINE LIMITED 2012-10-31 false 2011-11-01 2012-10-31 true 04553714 2011-11-01 2012-10-31 04553714 2012-10-31 04553714 2011-10-31 04553714 uk-gaap-cd-bus:Director1 2011-11-01 2012-10-31 04553714 uk-gaap-cd-bus:Director2 2011-11-01 2012-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-11-01 2012-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-10-31 iso4217:GBP shares

Registered Number 04553714

ABH NEWS FOOD & WINE LIMITED

Abbreviated Accounts

31 October 2012

ABH NEWS FOOD & WINE LIMITED Registered Number 04553714

Abbreviated Balance Sheet as at 31 October 2012

	Notes	2012	2011
		£	£
Fixed assets
Intangible assets	2	65,000	-
Tangible assets	3	4,058	4,874
		69,058	4,874
Current assets
Stocks		40,000	40,000
Debtors		300	400
Cash at bank and in hand		1,263	1,534
		41,563	41,934
Creditors: amounts falling due within one year		(110,201)	(39,781)
Net current assets (liabilities)		(68,638)	2,153
Total assets less current liabilities		420	7,027
Total net assets (liabilities)		420	7,027
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		418	7,025
Shareholders' funds		420	7,027

For the year ending 31 October 2012 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 1 June 2013

And signed on their behalf by:
Mr J Cull, Director

ABH NEWS FOOD & WINE LIMITED Registered Number 04553714

Notes to the Abbreviated Accounts for the period ended 31 October 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Other accounting policies
Stock :
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 November 2011	-
Additions	65,000
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2012	65,000
Amortisation
At 1 November 2011	-
Charge for the year	-
On disposals	-
At 31 October 2012	-
Net book values
At 31 October 2012	65,000
At 31 October 2011	-

3Tangible fixed assets

	£
Cost
At 1 November 2011	11,608
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2012	11,608
Depreciation
At 1 November 2011	6,734
Charge for the year	816
On disposals	-
At 31 October 2012	7,550
Net book values
At 31 October 2012	4,058
At 31 October 2011	4,874

4Called Up Share Capital
Allotted, called up and fully paid:

	2012 £	2011 £
2 Ordinary shares of £1 each	2	2