Liaison Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02622104 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

Liaison Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K P O'Donnell

Mrs J E O'Donnell

SECRETARY:

Mrs J E O'Donnell

REGISTERED OFFICE:

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

REGISTERED NUMBER:

02622104 (England and Wales)

ACCOUNTANTS:

Derek Young & Co Accountants LLP

Chartered Accountants

Estate House

Evesham Street

Redditch

Worcestershire

B97 4HP

FIXED ASSETS

Investment property

4

40,000

40,000

CREDITORS

Amounts falling due within one year

848

598

NET CURRENT LIABILITIES

(848

)

(598

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,152

39,402

PROVISIONS FOR LIABILITIES

6,773

6,790

NET ASSETS

32,379

32,612

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

32,279

32,512

SHAREHOLDERS' FUNDS

32,379

32,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 January 2019 and were signed on its behalf by:

K P O'Donnell - Director

1.	STATUTORY INFORMATION

Liaison Investments Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value

is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 2 ).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2017

and 30 June 2018

40,000

NET BOOK VALUE

At 30 June 2018

40,000

At 30 June 2017

40,000

Fair value at 30 June 2018 is represented by:

£

Valuation in 1998

901

Valuation in 2001

3,000

Valuation in 2004

13,500

Valuation in 2008

(9,500

)

Valuation in 2016

30,000

Cost

2,099

40,000

If investment property had not been revalued it would have been included at the following historical cost:

2018

2017

£

£

Cost

2,099

2,099

Investment property was valued on an open market basis on 30 June 2018 by the directors .

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary shares

£1

100

100