Abbreviated Company Accounts - LOYALTY CARD LIMITED

LOYALTY CARD LIMITED - Company Information

07008259 LOYALTY CARD LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 07008259 2013-10-01 2014-09-30 07008259 2014-09-30 07008259 2013-09-30 07008259 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 07008259 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 07008259

LOYALTY CARD LIMITED

Abbreviated Accounts

30 September 2014

LOYALTY CARD LIMITED Registered Number 07008259

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	12,500	15,000
Tangible assets	3	554	829
		13,054	15,829
Current assets
Debtors		9,480	5,689
Cash at bank and in hand		4,024	27,383
		13,504	33,072
Creditors: amounts falling due within one year		(62,680)	(69,121)
Net current assets (liabilities)		(49,176)	(36,049)
Total assets less current liabilities		(36,122)	(20,220)
Total net assets (liabilities)		(36,122)	(20,220)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(36,222)	(20,320)
Shareholders' funds		(36,122)	(20,220)

For the year ending 30 September 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 2 April 2015

And signed on their behalf by:
Dr M Wilson, Director

LOYALTY CARD LIMITED Registered Number 07008259

Notes to the Abbreviated Accounts for the period ended 30 September 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 represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 25% Reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 October 2013	25,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	25,000
Amortisation
At 1 October 2013	10,000
Charge for the year	2,500
On disposals	-
At 30 September 2014	12,500
Net book values
At 30 September 2014	12,500
At 30 September 2013	15,000

3Tangible fixed assets

	£
Cost
At 1 October 2013	1,349
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	1,349
Depreciation
At 1 October 2013	520
Charge for the year	275
On disposals	-
At 30 September 2014	795
Net book values
At 30 September 2014	554
At 30 September 2013	829

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100