Abbreviated Company Accounts - LORA TRADING LTD

Abbreviated Company Accounts - LORA TRADING LTD


Registered Number 07487379

LORA TRADING LTD

Abbreviated Accounts

31 January 2015

LORA TRADING LTD Registered Number 07487379

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 10,000 10,000
Tangible assets 3 60,733 49,291
70,733 59,291
Current assets
Stocks 74,390 -
Debtors - 6,024
Cash at bank and in hand 5,917 880
80,307 6,904
Creditors: amounts falling due within one year (101,883) (59,953)
Net current assets (liabilities) (21,576) (53,049)
Total assets less current liabilities 49,157 6,242
Total net assets (liabilities) 49,157 6,242
Capital and reserves
Called up share capital 4 28,600 100
Profit and loss account 20,557 6,142
Shareholders' funds 49,157 6,242
  • For the year ending 31 January 2015 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 6 May 2015

And signed on their behalf by:
Mr Talvinder Singh, Director

LORA TRADING LTD Registered Number 07487379

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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.

2Intangible fixed assets
£
Cost
At 1 February 2014 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2015 10,000
Amortisation
At 1 February 2014 -
Charge for the year -
On disposals -
At 31 January 2015 -
Net book values
At 31 January 2015 10,000
At 31 January 2014 10,000
3Tangible fixed assets
£
Cost
At 1 February 2014 59,135
Additions 15,542
Disposals -
Revaluations -
Transfers -
At 31 January 2015 74,677
Depreciation
At 1 February 2014 9,844
Charge for the year 4,100
On disposals -
At 31 January 2015 13,944
Net book values
At 31 January 2015 60,733
At 31 January 2014 49,291
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
28,600 Ordinary shares of £1 each (100 shares for 2014) 28,600 100