Abbreviated Company Accounts - LUDGATE BUSINESS FINANCE LIMITED

LUDGATE BUSINESS FINANCE LIMITED - Company Information

06328652 LUDGATE BUSINESS FINANCE LIMITED 2014-06-30 false 2013-04-01 2014-06-30 true 06328652 2013-04-01 2014-06-30 06328652 2014-06-30 06328652 2013-03-31 06328652 uk-gaap-cd-bus:Director1 2013-04-01 2014-06-30 06328652 uk-gaap-cd-bus:Director2 2013-04-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06328652

LUDGATE BUSINESS FINANCE LIMITED

Abbreviated Accounts

30 June 2014

LUDGATE BUSINESS FINANCE LIMITED Registered Number 06328652

Abbreviated Balance Sheet as at 30 June 2014

	Notes	30/06/2014	31/03/2013
		£	£
Fixed assets
Tangible assets	2	1,703	-
		1,703	-
Current assets
Debtors		137,392	27,141
Cash at bank and in hand		42,941	72,600
		180,333	99,741
Creditors: amounts falling due within one year		(181,917)	(58,300)
Net current assets (liabilities)		(1,584)	41,441
Total assets less current liabilities		119	41,441
Total net assets (liabilities)		119	41,441
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		19	41,341
Shareholders' funds		119	41,441

For the year ending 30 June 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 24 March 2015

And signed on their behalf by:
R P Mason, Director

LUDGATE BUSINESS FINANCE LIMITED Registered Number 06328652

Notes to the Abbreviated Accounts for the period ended 30 June 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 period exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:-

Fixtures & Fittings - 33.3% on a straight line basis.

2Tangible fixed assets

	£
Cost
At 1 April 2013	-
Additions	3,066
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	3,066
Depreciation
At 1 April 2013	-
Charge for the year	1,363
On disposals	-
At 30 June 2014	1,363
Net book values
At 30 June 2014	1,703
At 31 March 2013	-

3Called Up Share Capital
Allotted, called up and fully paid:

	30/06/2014 £	31/03/2013 £
100 Ordinary shares of £1 each	100	100