Registered Number 04605779

GREAT OAK FOODS LIMITED

Abbreviated Accounts

31 March 2015

GREAT OAK FOODS LIMITED Registered Number 04605779

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 620 858
Investments 3 25 -
645 858
Current assets
Stocks 3,279 2,206
Debtors 527 167
Cash at bank and in hand 15,300 10,675
19,106 13,048
Creditors: amounts falling due within one year (4,878 ) (2,995 )
Net current assets (liabilities) 14,228 10,053
Total assets less current liabilities 14,873 10,911
Total net assets (liabilities) 14,873 10,911
Capital and reserves
Called up share capital 4 3,800 3,800
Profit and loss account 11,073 7,111
Shareholders' funds 14,873 10,911

  • For the year ending 31 March 2015 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 31 December 2015

And signed on their behalf by:
C Leech, Director

GREAT OAK FOODS LIMITED Registered Number 04605779

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1 Accounting 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 comprises the value of sales (excluding VAT) of goods and services in the normal course of business.

Tangible assets depreciation policy
Depreciation on fixed assets is provided at rates estimated to write off the cost less estimated residual value of each asset over its expected life as follows:
Fixtures and Fittings - 20% on cost
Plant and Equipment - 20% on cost

2 Tangible fixed assets
£
Cost
At 1 April 2014 6,635
Additions 80
Disposals -
Revaluations -
Transfers -
At 31 March 2015 6,715
Depreciation
At 1 April 2014 5,777
Charge for the year 318
On disposals -
At 31 March 2015 6,095
Net book values
At 31 March 2015 620
At 31 March 2014 858

3 Fixed assets Investments
Additions during year at cost - £25
Balance at 31 3 2015 - £25

4 Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
3,800 Ordinary shares of £1 each 3,800 3,800