Limah Management Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08054943 (England and Wales)

LIMAH MANAGEMENT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Dr A J Newton

Mrs A Newton

REGISTERED OFFICE:

Greenbank Cottage

Church Street

Welford on Avon

Stratford upon Avon

Warwickshire

CV37 8EJ

REGISTERED NUMBER:

08054943 (England and Wales)

ACCOUNTANTS:

Murphy Salisbury

Chartered Accountants

15 Warwick Road

Stratford upon Avon

Warwickshire

CV37 6YW

FIXED ASSETS

Tangible assets

2

133

-

CURRENT ASSETS

Debtors

-

2

Cash at bank

14,640

5,878

14,640

5,880

CREDITORS

Amounts falling due within one year

14,072

-

NET CURRENT ASSETS

568

5,880

TOTAL ASSETS LESS CURRENT LIABILITIES

701

5,880

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

699

5,878

SHAREHOLDERS' FUNDS

701

5,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 February 2015 and were signed on its behalf by:

Dr A J Newton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% straight line basis

Deferred tax

Full provision is made in respect of timing differences that have originated but not reversed at the balance sheet

date. Timing differences are differences between the company's taxable profits and its results as stated in the

accounts. Deferred tax is measured on a non-discounted basis at the tax rates that are expected to apply in the

periods in which the timing differences are expected to reverse, based on tax rates and laws that have been

enacted or substantially enacted at the balance sheet date. Deferred tax assets are only recognised where their

recoverability in the short term is regarded as more likely than not. Deferred tax is not provided on revalued

assets unless a binding agreement to sell has been entered into before the year

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

200

At 31 May 2014

200

DEPRECIATION

Charge for year

67

At 31 May 2014

67

NET BOOK VALUE

At 31 May 2014

133

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2