Abbreviated Company Accounts - LEOPRINTING LIMITED

Abbreviated Company Accounts - LEOPRINTING LIMITED


Registered Number 07656853

LEOPRINTING LIMITED

Abbreviated Accounts

30 June 2014

LEOPRINTING LIMITED Registered Number 07656853

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Current assets
Debtors 260 4,244
Cash at bank and in hand 3,013 5,058
3,273 9,302
Creditors: amounts falling due within one year (4,854) (13,370)
Net current assets (liabilities) (1,581) (4,068)
Total assets less current liabilities (1,581) (4,068)
Total net assets (liabilities) (1,581) (4,068)
Capital and reserves
Called up share capital 2 1 1
Profit and loss account (1,582) (4,069)
Shareholders' funds (1,581) (4,068)
  • 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:
Ms Leoniek Burger, Director

LEOPRINTING LIMITED Registered Number 07656853

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Other accounting policies
Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1

Control

The company is controlled by Leo Group BV, which is incorporated in Netherlands.