Lucy a gibson ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07747164 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Lucy a gibson ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss Lucy Gibson

REGISTERED OFFICE:

27 Westfield Avenue

Crawcrook

Ryton

Tyne and Wear

NE40 4DR

REGISTERED NUMBER:

07747164 (England and Wales)

ACCOUNTANTS:

Rodliffe Accounting Ltd

5th Floor (744-750)

Salisbury House

Finsbury Circus

London

London

EC2M 5QQ

FIXED ASSETS

Tangible assets

2

240

75

CURRENT ASSETS

Debtors

491

2,819

Cash at bank

17,759

6,758

18,250

9,577

CREDITORS

Amounts falling due within one year

17,606

9,555

NET CURRENT ASSETS

644

22

TOTAL ASSETS LESS CURRENT LIABILITIES

884

97

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

883

96

SHAREHOLDERS' FUNDS

884

97

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 20 March 2015 and were signed by:

Miss Lucy Gibson - 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 services, 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

-

50% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

150

Additions

511

At 31 August 2014

661

DEPRECIATION

At 1 September 2013

75

Charge for year

346

At 31 August 2014

421

NET BOOK VALUE

At 31 August 2014

240

At 31 August 2013

75

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

100

Ordinary

1p

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and 31 August 2013:

31.8.14

31.8.13

£

£

Miss Lucy Gibson

Balance outstanding at start of year

2,819

-

Amounts advanced

23,695

8,714

Amounts repaid

(26,023

)

(5,895

)

Balance outstanding at end of year

491

2,819