Abbreviated Company Accounts - LET IT 2 U LIMITED

LET IT 2 U LIMITED - Company Information

07029350 LET IT 2 U LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07029350 2014-04-01 2015-03-31 07029350 2015-03-31 07029350 2014-03-31 07029350 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07029350 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 iso4217:GBP shares

Registered Number 07029350

LET IT 2 U LIMITED

Abbreviated Accounts

31 March 2015

LET IT 2 U LIMITED Registered Number 07029350

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	-	633,715
		-	633,715
Current assets
Debtors		3,632	4,356
Cash at bank and in hand		664	573
		4,296	4,929
Creditors: amounts falling due within one year		(42,437)	(617,787)
Net current assets (liabilities)		(38,141)	(612,858)
Total assets less current liabilities		(38,141)	20,857
Provisions for liabilities		-	(3,000)
Total net assets (liabilities)		(38,141)	17,857
Capital and reserves
Called up share capital	3	2	2
Revaluation reserve		-	15,000
Other reserves		-	20,000
Profit and loss account		(38,143)	(17,145)
Shareholders' funds		(38,141)	17,857

For the year ending 31 March 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 9 April 2015

And signed on their behalf by:
P Nolan, Director

LET IT 2 U LIMITED Registered Number 07029350

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Land and buildings - Stated at cost

Office
equipment - 33% Straight line basis

2Tangible fixed assets

	£
Cost
At 1 April 2014	634,461
Additions	-
Disposals	(633,591)
Revaluations	-
Transfers	-
At 31 March 2015	870
Depreciation
At 1 April 2014	746
Charge for the year	124
On disposals	-
At 31 March 2015	870
Net book values
At 31 March 2015	0
At 31 March 2014	633,715

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Authorised Ordinary shares of £1 each	1,000	1,000
2 Ordinary shares of £1 each	2	2