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REGISTERED NUMBER: 07254086 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Abersoch Deli Limited

Abersoch Deli Limited (Registered number: 07254086)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Abersoch Deli Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: R Middleton
Ms K S Phillips
R J Middleton





REGISTERED OFFICE: 1 Thomas Buildings
New Street
Pwllheli
Gwynedd
LL53 5HH





BUSINESS ADDRESS: Lon Pen Cei
Abersoch
Pwllheli
Gwynedd
LL53 7AW





REGISTERED NUMBER: 07254086 (England and Wales)





ACCOUNTANTS: Gwyn Thomas and Co Limited
1 Thomas Buildings
New Street
Pwllheli
Gwynedd
LL53 5HH

Abersoch Deli Limited (Registered number: 07254086)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 92,400 103,950
Tangible assets 5 19,998 21,797
112,398 125,747

CURRENT ASSETS
Stocks 900 900
Debtors 6 26,666 27,253
Cash at bank and in hand 227,205 182,889
254,771 211,042
CREDITORS
Amounts falling due within one year 7 42,920 40,931
NET CURRENT ASSETS 211,851 170,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

324,249

295,858

PROVISIONS FOR LIABILITIES 8 588 825
NET ASSETS 323,661 295,033

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 323,561 294,933
SHAREHOLDERS' FUNDS 323,661 295,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Abersoch Deli Limited (Registered number: 07254086)

Balance Sheet - continued
31 March 2018


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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 19 May 2018 and were signed on its behalf by:





R Middleton - Director


Abersoch Deli Limited (Registered number: 07254086)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Abersoch Deli Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was amortised evenly
over the estimated useful life of twenty five years up to 31 March 2016. From 1 April 2016 the remainder will be
amortised evenly over the estimated useful life of ten years, being the directors' best estimate of its economic life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2017 - 16 ) .

Abersoch Deli Limited (Registered number: 07254086)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 150,000
AMORTISATION
At 1 April 2017 46,050
Charge for year 11,550
At 31 March 2018 57,600
NET BOOK VALUE
At 31 March 2018 92,400
At 31 March 2017 103,950

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2017
and 31 March 2018 19,210 8,862 28,072
DEPRECIATION
At 1 April 2017 1,537 4,738 6,275
Charge for year 768 1,031 1,799
At 31 March 2018 2,305 5,769 8,074
NET BOOK VALUE
At 31 March 2018 16,905 3,093 19,998
At 31 March 2017 17,673 4,124 21,797

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Other debtors 26,666 27,253

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 6,255 5,075
Taxation and social security 9,791 11,195
Other creditors 26,874 24,661
42,920 40,931

Abersoch Deli Limited (Registered number: 07254086)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. PROVISIONS FOR LIABILITIES
31.3.18 31.3.17
£    £   
Deferred tax 588 825

Deferred
tax
£   
Balance at 1 April 2017 825
Credit to Income Statement during year (237 )
Balance at 31 March 2018 588

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
R Middleton
Balance outstanding at start of year (18,511 ) (17,038 )
Amounts advanced 4,043 -
Amounts repaid - (1,473 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,468 ) (18,511 )