Company Registration No. 5248020 (England and Wales)
Lanbury Associates Limited
Unaudited accounts
for the year ended 31 March 2020
Lanbury Associates Limited
Unaudited accounts
Contents
Lanbury Associates Limited
Company Information
for the year ended 31 March 2020
Director
Maurice E Abboudi
Company Number
5248020 (England and Wales)
Registered Office
Shermond House
58-59 Boundary Road
Hove
BN3 5TD
United Kingdom
Accountants
Gordon Shepherd
58/59 Boundary Road
Hove
East Sussex
BN3 5TD
Lanbury Associates Limited
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
135,617
128,923
Creditors: amounts falling due within one year
16,999
(13,590)
Net current assets
152,616
176,256
Net assets
152,616
176,256
Called up share capital
2
2
Profit and loss account
152,614
176,254
Shareholders' funds
152,616
176,256
For the year ending 31 March 2020 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2020 and were signed on its behalf by
Maurice E Abboudi
Director
Company Registration No. 5248020
Lanbury Associates Limited
Notes to the Accounts
for the year ended 31 March 2020
Lanbury Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 5248020. The registered office is Shermond House, 58-59 Boundary Road, Hove, BN3 5TD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax of a material amount is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
5
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
(17,384)
12,030
Loans from directors
-
1,560
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Lanbury Associates Limited
Notes to the Accounts
for the year ended 31 March 2020
7
Transactions with related parties
Dividends paid to the Director during the year were £Nil (2019 £Nil)
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
