| Lumina Coaching Ltd |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Lumina Coaching Ltd for the year ended 31 March 2015 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Lumina Coaching Ltd for the year ended 31 March 2015 which comprise of 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, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made to the Company's Board of Directors, as a body, in accordance with the the terms of our engagement. Our work has been undertaken solely to prepare, for your approval, the accounts of Lumina Coaching Ltd and state those matters that we have agreed to state to them in this report, in accordance with AAF 2/10 as detailed at icaew.compilation. |
| You have acknowledged on the balance sheet as at 31 March 2015 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirements for an audit for the year. |
| We have not been instructed to carry out an audit of the financial statements. 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 financial statements. |
|
|
| Root Accountants Ltd |
| Chartered Accountants |
| Suite 1 Sandown House |
| Sandbeck Way |
| Wetherby |
| Yorkshire |
| LS22 7DN |
|
| 12 May 2015 |
|
| Lumina Coaching Ltd |
| Registered number: |
04887210 |
| Abbreviated Balance Sheet |
| as at 31 March 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
3,990 |
|
|
3,172 |
|
| Current assets |
| Stocks |
|
|
328 |
|
|
5,368 |
| Debtors |
|
|
34,562 |
|
|
19,905 |
| Cash at bank and in hand |
|
|
64,416 |
|
|
48,660 |
|
|
|
99,306 |
|
|
73,933 |
|
| Creditors: amounts falling due within one year |
|
|
(60,907) |
|
|
(31,964) |
|
| Net current assets |
|
|
|
38,399 |
|
|
41,969 |
|
| Net assets |
|
|
|
42,389 |
|
|
45,141 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
42,387 |
|
|
45,139 |
|
| Shareholders' funds |
|
|
|
42,389 |
|
|
45,141 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Cheryl Donnison |
| Director |
| Approved by the board on 11 May 2015 |
|
| Lumina Coaching Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective ). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% Reducing balance |
|
|
|
Work in Progress |
|
Work in progress is valued at the lower of cost and net realisable value. Net realisable value is based on selling proce less anticipated costs of completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2014 |
12,498 |
|
Additions |
2,148 |
|
At 31 March 2015 |
14,646 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2014 |
9,326 |
|
Charge for the year |
1,330 |
|
At 31 March 2015 |
10,656 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2015 |
3,990 |
|
At 31 March 2014 |
3,172 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
