Luddington Broze Limited - Limited company - abbreviated

REGISTERED NUMBER: 04397974 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Luddington Broze Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

D M Hayman

REGISTERED OFFICE:

Higher Lands Farm

Branscombe

Seaton

Devon

EX123BL

REGISTERED NUMBER:

04397974 (England and Wales)

ACCOUNTANTS:

Libra Wealth Management Limited

18 Mitchell Road

West Malling

Kent

ME19 4RF

FIXED ASSETS

Tangible assets

2

1,630

2,173

CURRENT ASSETS

Debtors

-

3,750

Cash at bank

29

726

29

4,476

CREDITORS

Amounts falling due within one year

405

4,224

NET CURRENT (LIABILITIES)/ASSETS

(376

)

252

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,254

2,425

ACCRUALS AND DEFERRED INCOME

4,200

3,000

NET LIABILITIES

(2,946

)

(575

)

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

(3,946

)

(1,575

)

SHAREHOLDERS' FUNDS

(2,946

)

(575

)

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

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

The director acknowledges his 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 24 April 2015 and were signed by:

D M Hayman - 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 goods, excluding value added tax, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

16,730

DEPRECIATION

At 1 January 2014

14,557

Charge for year

543

At 31 December 2014

15,100

NET BOOK VALUE

At 31 December 2014

1,630

At 31 December 2013

2,173

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

450

Ordinary "A" Shares

£1

450

Ordinary "B" Shares

£1

450

50

Ordinary "C" Shares

£1

50

Ordinary "D" Shares

£1

50

1,000

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for

your approval the financial statements of Luddington Broze Limited for the year ended

31 December 2014 which comprise the Profit and Loss Account, the Balance Sheet and the related

notes from the company's accounting records and from information and explanations you have

given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Luddington Broze Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luddington Broze Limited and state those matters that we have agreed to state to the director of Luddington Broze Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Luddington Broze Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Luddington Broze Limited. You consider that Luddington Broze Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of

Luddington Broze Limited. For this reason, we have not verified the accuracy or completeness of

the accounting records or information and explanations you have given to us and we do not,

therefore, express any opinion on the statutory financial statements.