Abbreviated Company Accounts - LOUCOR LIMITED

Registered Number 05489193

LOUCOR LIMITED

Abbreviated Accounts

31 March 2014

LOUCOR LIMITED Registered Number 05489193

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,293	1,929
Investments	3	233,182	709,182
		234,475	711,111
Current assets
Debtors		7,434	7,891
Cash at bank and in hand		142,799	2,819
		150,233	10,710
Creditors: amounts falling due within one year		(162,767)	(245,995)
Net current assets (liabilities)		(12,534)	(235,285)
Total assets less current liabilities		221,941	475,826
Creditors: amounts falling due after more than one year		-	(455,494)
Total net assets (liabilities)		221,941	20,332
Capital and reserves
Called up share capital		100	100
Profit and loss account		221,841	20,232
Shareholders' funds		221,941	20,332

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 March 2015

And signed on their behalf by:
Mr B Mckerlie-Hollist, Director

LOUCOR LIMITED Registered Number 05489193

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Other accounting policies
1. The company was under the control of Mr B Mckerlie-Hollist throughout the current and previous year. Mr B Mckerlie-Hollist is the managing director and majority shareholder.

2. No transactions with the related parties were undertaken such as are required to be disclosed under FRSSE

2Tangible fixed assets

	£
Cost
At 1 April 2013	10,405
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	10,405
Depreciation
At 1 April 2013	8,476
Charge for the year	636
On disposals	-
At 31 March 2014	9,112
Net book values
At 31 March 2014	1,293
At 31 March 2013	1,929

3Fixed assets Investments
Rental properties at cost of £536000 was disposed of during the year.