L8 Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05290795 (England and Wales)

L8 Limited

Unaudited Financial Statements

for the Year Ended 30 November 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

Report of the Accountants

5

DIRECTOR:

J Moore

REGISTERED OFFICE:

26 Windmill Road

Atherstone

Warwickshire

CV9 1HP

REGISTERED NUMBER:

05290795 (England and Wales)

ACCOUNTANTS:

Astute Services Ltd

44-46 Regent Street

Rugby

Warwickshire

CV21 2PS

FIXED ASSETS

Tangible assets

4

1,667

2,500

CURRENT ASSETS

Debtors

5

53,325

59,073

Cash at bank

7,198

7,548

60,523

66,621

CREDITORS

Amounts falling due within one year

6

61,078

67,009

NET CURRENT LIABILITIES

(555

)

(388

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,112

2,112

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,012

2,012

SHAREHOLDERS' FUNDS

1,112

2,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2019 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2020 and were signed by:

J Moore - Director

1.	STATUTORY INFORMATION

L8 Limited is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2018

and 30 November 2019

4,016

DEPRECIATION

At 1 December 2018

1,516

Charge for year

833

At 30 November 2019

2,349

NET BOOK VALUE

At 30 November 2019

1,667

At 30 November 2018

2,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/19

30/11/18

£

£

Trade debtors

24,420

15,843

Other debtors

28,905

43,230

53,325

59,073

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/11/19

30/11/18

£

£

Trade creditors

13,990

14,609

Taxation and social security

43,200

42,786

Other creditors

3,888

9,614

61,078

67,009

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/19

30/11/18

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Moore.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary

statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2019 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Astute Services Ltd

44-46 Regent Street

Rugby

Warwickshire

CV21 2PS

Date: .............................................