ACCOUNTS - Final Accounts preparation

LASCELLES GROUP OF COMPANIES LTD - Company Information

06856067 LASCELLES GROUP OF COMPANIES LIMITED 2012-04-01 2013-03-31 false true 2013-03-31 06856067 2012-04-01 2013-03-31 06856067 2013-03-31 06856067 2012-03-31 06856067 c:OrdinaryShareClass1 2013-03-31 06856067 c:OrdinaryShareClass1 2012-03-31 06856067 c:OrdinaryShareClass1 2012-04-01 2013-03-31 06856067 c:Director1 2012-04-01 2013-03-31 06856067 d:Subsidiary1 2012-04-01 2013-03-31 06856067 d:Subsidiary2 2012-04-01 2013-03-31 06856067 d:Subsidiary3 2012-04-01 2013-03-31 06856067 d:Subsidiary4 2012-04-01 2013-03-31 06856067 d:Subsidiary6 2012-04-01 2013-03-31 06856067 d:Subsidiary1 2013-03-31 06856067 d:Subsidiary2 2013-03-31 06856067 d:Subsidiary3 2013-03-31 06856067 d:Subsidiary4 2013-03-31 06856067 d:Subsidiary6 2013-03-31 xbrli:shares iso4217:GBP xbrli:pure

REGISTERED NUMBER: 06856067

LASCELLES GROUP OF COMPANIES LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED

31 MARCH 2013

BLOOMER HEAVEN LIMITED

Chartered Accountants

Rutland House

148 Edmund Street

Birmingham

B3 2FD

LASCELLES GROUP OF COMPANIES LIMITED

CONTENTS

	Page
Abbreviated balance sheet	1
Notes to the abbreviated accounts	2 - 3

LASCELLES GROUP OF COMPANIES LIMITED

REGISTERED NUMBER: 06856067

ABBREVIATED BALANCE SHEET

AS AT 31 MARCH 2013

2013

2012

	Note	£	£	£	£
Fixed assets
Investments	2		253		253

Current assets
Stocks	55,542		55,542
Debtors	208,472		137,296
Cash at bank and in hand	47		839

	264,061		193,677
Creditors: amounts falling due within one year	(275,072)		(168,272)
Net current (liabilities)/assets		(11,011)		25,405

Net (liabilities)/assets

(10,758)

25,658

Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(10,760)	25,656

(10,758)

25,658

The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2013 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 11 August 2014.

J Singh

Director

The notes on pages 2 to 3 form part of these abbreviated accounts.

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LASCELLES GROUP OF COMPANIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2013

1.Accounting Policies

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
		The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

	1.2	Going concern
		The company is dependent upon the financial support of related companies, see note 12 for more details. The director has received assurances from the related companies that they will continue to provide the financial support necessary to enable the company to continue in operational existence for the forseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

	1.3	Investments
		Investments held as fixed assets are shown at cost less provision for impairment.

	1.4	Stocks
		Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs.

2.Fixed asset investments

		£
	Cost
	At 1 April 2012 and 31 March 2013	253

	Net book value
	At 31 March 2013	253
	At 31 March 2012	253

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LASCELLES GROUP OF COMPANIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2013

2.Fixed asset investments (continued)

Subsidiary undertakings

The following were subsidiary undertakings of the company:

		Name	Class of shares	Holding

The Developments Factory (UK) Limited	Ordinary	100%
Canterbury Court Investments Limited	Ordinary	100%
Curvypear Limited	Ordinary	100%
Contour Couture Limited	Ordinary	100%
Oadby Town Developments Limited	Ordinary	100%

The aggregate of the share capital and reserves as at 31 March 2013 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name	Aggregate of share capital and reserves	Profit/(loss)
	£	£

The Developments Factory (UK) Limited	173,419	29,411
Canterbury Court Investments Limited	1	-
Curvypear Limited (year to 30 September 2012)	(57,961)	(58,061)
Contour Couture Limited	100	-
Oadby Town Developments Limited	1	-

3.Share capital

	2013	2012
	£	£
Allotted, called up and fully paid

2 Ordinary shares of £1 each	2	2

4.Director's benefits: advances, credit and guarantees

Included within debtors is an amount of £4,450 (2012: £6,300) due from a director. Advances of £150 were made and repayments of £2,000 received in the year.

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