back to FRESH MEAT & POULTRY LIMITED detail xbrl
042475622015-07-012016-06-30falsetruehttp://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-06-30http://www.companieshouse.gov.uk/cd:Director12015-07-012016-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2016-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-012016-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2015-07-012016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-07-012016-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-06-30http://www.companieshouse.gov.uk/2014-07-012015-06-30http://www.companieshouse.gov.uk/2015-07-012016-06-30http://www.companieshouse.gov.uk/2015-06-30http://www.companieshouse.gov.uk/2016-06-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-07-012016-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04247562

FRESH MEAT & POULTRY LTD

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2016

Prepared By:
RAGAVAN AND CO LTD
CHARTERED CERTIFIED ACCOUNTANTS
240 GROVE LANE
HANDSWORTH
BIRMINGHAM
WEST MIDLANDS
B20 2EY

FRESH MEAT & POULTRY LTD

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/06/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 04247562

FRESH MEAT & POULTRY LTD

Registered Number: 04247562
BALANCE SHEET AT 30/06/2016
20162015
Notes££
FIXED ASSETS
Tangible assets252,47430,838
CURRENT ASSETS
Stock20,05019,490
Debtors (amounts falling due within one year)395,936123,227
Cash at bank and in hand13,38826,814
129,374169,531
CREDITORS: Amounts falling due within one year181,179197,620
NET CURRENT LIABILITIES(51,805)(28,089)
TOTAL ASSETS LESS CURRENT LIABILITIES6692,749
CAPITAL AND RESERVES
Called up share capital422
Profit and loss account6672,747
SHAREHOLDERS' FUNDS6692,749
For the year ending 30/06/2016 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 20/02/2017 and signed on their behalf by
Narinder Singh Gill
Director

FRESH MEAT & POULTRY LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

FRESH MEAT & POULTRY LTD

2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/07/201549,56936,40085,969
Additions30,1481,87532,023
At 30/06/201679,71738,275117,992
Depreciation
At 01/07/201526,41128,72055,131
For the year7,9972,39010,387
At 30/06/201634,40831,11065,518
Net Book Amounts
At 30/06/201645,3097,16552,474
At 30/06/201523,1587,68030,838
3. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors86,172115,326
VAT4,9133,281
Other debtors4,8514,620
95,936123,227
4. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22