Lion Scaffold Alarms Limited
|
Registered number: |
08695761
|
Abbreviated Balance Sheet |
as at 29 February 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Current assets |
Stocks |
|
|
5,400 |
|
|
6,000 |
Debtors |
|
|
9,504 |
|
|
8,602 |
Cash at bank and in hand |
|
|
5,253 |
|
|
260 |
|
|
|
20,157 |
|
|
14,862 |
|
Creditors: amounts falling due within one year |
|
|
(17,599) |
|
|
(11,440) |
|
Net current assets |
|
|
|
2,558 |
|
|
3,422 |
|
Total assets less current liabilities |
|
|
|
2,558 |
|
|
3,422 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(398) |
|
|
(1,770) |
|
|
|
Net assets |
|
|
|
2,160 |
|
|
1,652 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
2 |
|
|
300 |
|
|
300 |
Profit and loss account |
|
|
|
1,860 |
|
|
1,352 |
|
Shareholders' funds |
|
|
|
2,160 |
|
|
1,652 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Dean Beeby |
Director |
Approved by the board on 18 November 2016
|
|
Lion Scaffold Alarms Limited
|
Notes to the Abbreviated Accounts |
for the year ended 29 February 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
18% straight line
|
|
Motor vehicles |
18% straight line
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
2 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
- |
|
300 |
|
300 |
|
|
|
|
|
|
|
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