REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Year Ended 30 June 2016 |
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for |
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Walter Lambert & Sons Limited |
REGISTERED NUMBER:
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Abbreviated Unaudited Accounts |
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for the Year Ended 30 June 2016 |
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for |
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Walter Lambert & Sons Limited |
Walter Lambert & Sons Limited (Registered number: 00242676) |
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Contents of the Abbreviated Accounts |
for the year ended 30 June 2016 |
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Page |
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Company Information | 1 |
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Abbreviated Balance Sheet | 2 |
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Notes to the Abbreviated Accounts | 4 |
Walter Lambert & Sons Limited |
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Company Information |
for the year ended 30 June 2016 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Certified Accountants |
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Walter Lambert & Sons Limited (Registered number: 00242676) |
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Abbreviated Balance Sheet |
30 June 2016 |
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30/6/16 | 30/6/15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
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Investments | 3 |
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CURRENT ASSETS |
Stocks |
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Debtors |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 4 |
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Capital redemption reserve |
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Profit and loss account |
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SHAREHOLDERS' FUNDS |
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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. |
Walter Lambert & Sons Limited (Registered number: 00242676) |
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Abbreviated Balance Sheet - continued |
30 June 2016 |
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The financial statements were approved by the Board of Directors on
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Walter Lambert & Sons Limited (Registered number: 00242676) |
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Notes to the Abbreviated Accounts |
for the year ended 30 June 2016 |
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1. | ACCOUNTING POLICIES |
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Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
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Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
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Income is recognised on despatch of goods. |
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Tangible fixed assets |
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Long leasehold | - |
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Plant and machinery | - |
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Motor vehicles | - |
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Land is not depreciated. |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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Stocks are valued on a first in first out basis. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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Investments are held at cost less provisions for diminution in value. |
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2. | TANGIBLE FIXED ASSETS |
Total |
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COST |
At 1 July 2015 |
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Additions |
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At 30 June 2016 |
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DEPRECIATION |
At 1 July 2015 |
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Charge for year |
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At 30 June 2016 |
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NET BOOK VALUE |
At 30 June 2016 |
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At 30 June 2015 |
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Walter Lambert & Sons Limited (Registered number: 00242676) |
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Notes to the Abbreviated Accounts - continued |
for the year ended 30 June 2016 |
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3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
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COST |
At 1 July 2015 |
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Additions |
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Disposals | ( |
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At 30 June 2016 |
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PROVISIONS |
At 1 July 2015 |
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Charge for year |
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At 30 June 2016 | 79,983 |
NET BOOK VALUE |
At 30 June 2016 |
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At 30 June 2015 |
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4. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/6/16 | 30/6/15 |
value: | £ | £ |
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Ordinary | £1 |
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(30/6/15 -
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During the year the company bought out the full shareholding of one of the shareholders. This will not affect the |
trading position of the company. |