Abbreviated Company Accounts - L.B.J. (INVESTMENTS) LIMITED

Abbreviated Company Accounts - L.B.J. (INVESTMENTS) LIMITED

L.B.J. (INVESTMENTS) LIMITED - Company Information

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Registered Number 03076178

L.B.J. (INVESTMENTS) LIMITED

Abbreviated Accounts

30 June 2014

L.B.J. (INVESTMENTS) LIMITED Registered Number 03076178

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,933,911 2,233,360
Investments 3 1 1
1,933,912 2,233,361
Current assets
Debtors 1,271,228 1,150,375
Cash at bank and in hand 658,323 383,131
1,929,551 1,533,506
Creditors: amounts falling due within one year (488,363) (515,608)
Net current assets (liabilities) 1,441,188 1,017,898
Total assets less current liabilities 3,375,100 3,251,259
Creditors: amounts falling due after more than one year (657,382) (657,382)
Total net assets (liabilities) 2,717,718 2,593,877
Capital and reserves
Called up share capital 12 12
Revaluation reserve 806,872 806,872
Profit and loss account 1,910,834 1,786,993
Shareholders' funds 2,717,718 2,593,877
  • 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 31 March 2015

And signed on their behalf by:
Mr S. Jacobs, Director

L.B.J. (INVESTMENTS) LIMITED Registered Number 03076178

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
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis.

2Tangible fixed assets
£
Cost
At 1 July 2013 2,233,360
Additions -
Disposals (299,449)
Revaluations -
Transfers -
At 30 June 2014 1,933,911
Depreciation
At 1 July 2013 -
Charge for the year -
On disposals -
At 30 June 2014 -
Net book values
At 30 June 2014 1,933,911
At 30 June 2013 2,233,360

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.