Louder Than Life Limited - Limited company - abbreviated - 11.6

Louder Than Life Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 06531392 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Louder Than Life Limited

Louder Than Life Limited (Registered number: 06531392)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 6

Louder Than Life Limited

Company Information
for the Year Ended 31 March 2015







DIRECTOR: T Brain





SECRETARY: T77 Limited





REGISTERED OFFICE: Penistone 1
Regent Court
St Marys Street
Penistone
South Yorkshire
S36 6DT





REGISTERED NUMBER: 06531392 (England and Wales)





ACCOUNTANTS: T77 Limited
Penistone 1
Regent Court
St Marys Street
Penistone
South Yorkshire
S36 6DT

Louder Than Life Limited (Registered number: 06531392)

Abbreviated Balance Sheet
31 March 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 465 620
Tangible assets 3 31,427 10,826
31,892 11,446

CURRENT ASSETS
Stocks 34,091 32,807
Debtors 14,813 12,620
Prepayments and accrued income 6,280 8,424
Cash at bank 21 138
55,205 53,989
CREDITORS
Amounts falling due within one year 59,521 64,892
NET CURRENT LIABILITIES (4,316 ) (10,903 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,576

543

CREDITORS
Amounts falling due after more than one year 17,013 4,092
NET ASSETS/(LIABILITIES) 10,563 (3,549 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Share premium 21,982 21,982
Profit and loss account (11,519 ) (25,631 )
SHAREHOLDERS' FUNDS 10,563 (3,549 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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.

Louder Than Life Limited (Registered number: 06531392)

Abbreviated Balance Sheet - continued
31 March 2015


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 27 May 2015 and were signed by:





T Brain - Director


Louder Than Life Limited (Registered number: 06531392)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Furniture and Fixtures - 20% on cost
Plant and machinery - 20% on cost
Instruments - 33% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 620
AMORTISATION
Amortisation for year 155
At 31 March 2015 155
NET BOOK VALUE

At 31 March 2015 465
At 31 March 2014 620

Louder Than Life Limited (Registered number: 06531392)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 43,291
Additions 27,299
Disposals (2,756 )
At 31 March 2015 67,834
DEPRECIATION
At 1 April 2014 32,465
Charge for year 6,458
Eliminated on disposal (2,516 )
At 31 March 2015 36,407
NET BOOK VALUE
At 31 March 2015 31,427
At 31 March 2014 10,826

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
100 Ordinary Shares £1 100 100

Louder Than Life Limited

Report of the Accountants to the Director of
Louder Than Life Limited

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.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2015 set out on pages nil to nil 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.






T77 Limited
Penistone 1
Regent Court
St Marys Street
Penistone
South Yorkshire
S36 6DT


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