A and Lakis Kebab Limited - Filleted accounts

Registered number

03502039

A and Lakis Kebab Limited

Filleted Accounts

31 March 2017

A and Lakis Kebab Limited
Registered number:		03502039
Balance Sheet
as at 31 March 2017

Notes			2017			2016
£				£
Fixed assets
Tangible assets	2		4,375			129

Current assets
Cash at bank and in hand		1,025			294

Creditors: amounts falling due within one year	3	(51,568)			(48,890)

Net current liabilities			(50,543)			(48,596)

Net liabilities			(46,168)			(48,467)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(46,268)			(48,567)

Shareholders' funds			(46,168)			(48,467)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs A Pistou
Director
Approved by the board on 29 December 2017

A and Lakis Kebab Limited
Notes to the Accounts
for the year ended 31 March 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


2	Tangible fixed assets
					Motor vehicles
£
	Cost
	At 1 April 2016				2,280
	Additions				5,833
	Disposals				(2,280)
	At 31 March 2017				5,833

	Depreciation
	At 1 April 2016				2,151
	Charge for the year				1,459
	On disposals				(2,152)
	At 31 March 2017				1,458

	Net book value
	At 31 March 2017				4,375
	At 31 March 2016				129


3	Creditors: amounts falling due within one year		2017		2016
£				£

	Trade creditors		-		2,264
	Other creditors		51,568		46,626
			51,568		48,890


4	Other information

	A and Lakis Kebab Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Apollo House, 3 Wheeleys Road
	Edgbaston
	Birmingham
	West Midlands
	B15 2LD


5	Going concern
	The financial statements have been prepared on the basis that the company is a going concern and
	that the directors will continue to support the company.