Registered Number 08149977
LILLISTONE LIMITED
Abbreviated Accounts
30 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 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 (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Leasehold properties – straight line over the life of the lease
Fixtures, fittings & equipment – 25% reducing balance
Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock
Stock is valued at the lower of cost and net realisable value.
Going Concern
These financial statements have been prepared on a going concern basis, the validity of which depends on the continued support of Henry D Johnstone Jewellers Limited. The accounts do not include any adjustments that may be necessary should that support be discontinued.
£ | |
---|---|
Cost | |
At 31 March 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 March 2016 |
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Amortisation | |
At 31 March 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 March 2016 |
|
Net book values | |
At 30 March 2016 | 1,609 |
At 30 March 2015 | 3,218 |
£ | |
---|---|
Cost | |
At 31 March 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 March 2016 |
|
Depreciation | |
At 31 March 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 March 2016 |
|
Net book values | |
At 30 March 2016 | 8,531 |
At 30 March 2015 | 8,542 |