Registered Number 07335376

A&P FOOD STORES LTD

Abbreviated Accounts

31 August 2016

A&P FOOD STORES LTD Registered Number 07335376

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 82,681 89,350
82,681 89,350
Current assets
Stocks 58,563 66,427
Debtors 4,745 3,177
Cash at bank and in hand 39,266 46,155
102,574 115,759
Creditors: amounts falling due within one year (89,550) (123,528)
Net current assets (liabilities) 13,024 (7,769)
Total assets less current liabilities 95,705 81,581
Creditors: amounts falling due after more than one year (56,185) (61,013)
Total net assets (liabilities) 39,520 20,568
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 38,520 19,568
Shareholders' funds 39,520 20,568
  • For the year ending 31 August 2016 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 26 May 2017

And signed on their behalf by:
Jasvir Kaur, Director

A&P FOOD STORES LTD Registered Number 07335376

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 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
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Leasehold properties - Straight line over the life of the lease
Fixtures, fittings
and equipment - 15% Reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2015 140,912
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 140,912
Depreciation
At 1 September 2015 51,562
Charge for the year 6,669
On disposals -
At 31 August 2016 58,231
Net book values
At 31 August 2016 82,681
At 31 August 2015 89,350