Registered Number 08489878
LABRADOR LTD
Abbreviated Accounts
31 October 2016
Notes | 31/10/2016 | 30/04/2015 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
|
||
Current assets | |||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Share premium account |
|
|
|
Profit and loss account |
( |
( |
|
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
Computer equipment - 33% on straight line basis.
Intangible assets amortisation policy
Website development - 10% on straight line basis.
Other accounting policies
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction (or, if hedged forward, at the rate of exchange under the related forward currency contract). Monetary assets and liabilities denominated in foreign currencies are translated using the contracted rate or the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
Taxation
The charge for taxation is based on the loss for the period and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes which have arisen but not reversed by the balance sheet date, except as otherwise required by FRS 19.
£ | |
---|---|
Cost | |
At 1 May 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2016 |
|
Amortisation | |
At 1 May 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 October 2016 |
|
Net book values | |
At 31 October 2016 | 43,767 |
At 30 April 2015 | 39,191 |
£ | |
---|---|
Cost | |
At 1 May 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2016 |
|
Depreciation | |
At 1 May 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 October 2016 |
|
Net book values | |
At 31 October 2016 | 109 |
At 30 April 2015 | 609 |