Lantel Communications Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02878025 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

LANTEL COMMUNICATIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K T Rason

Mrs L Rason

SECRETARY:

K T Rason

REGISTERED OFFICE:

Knowledge Dock Business Centre

University Way

London

E16 2RD

REGISTERED NUMBER:

02878025 (England and Wales)

ACCOUNTANTS:

GKP (Ampthill) Limited

Chartered Accountants

First Floor

5 Doolittle Yard

Froghall Road

Ampthill

Bedfordshire

MK45 2NW

FIXED ASSETS

Tangible assets

2

4,489

3,170

CURRENT ASSETS

Stocks

2,000

220

Debtors

47,376

69,223

Cash at bank

159,862

198,293

209,238

267,736

CREDITORS

Amounts falling due within one year

27,332

62,570

NET CURRENT ASSETS

181,906

205,166

TOTAL ASSETS LESS CURRENT LIABILITIES

186,395

208,336

PROVISIONS FOR LIABILITIES

861

585

NET ASSETS

185,534

207,751

CAPITAL AND RESERVES

Called up share capital

3

80

80

Profit and loss account

185,454

207,671

SHAREHOLDERS' FUNDS

185,534

207,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 21 April 2015 and were signed on its behalf by:

K T Rason - Director

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 each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

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 material timing differences that have originated but not

reversed at the balance sheet date.

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 the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

24,413

Additions

1,848

At 31 December 2014

26,261

DEPRECIATION

At 1 January 2014

21,243

Charge for year

529

At 31 December 2014

21,772

NET BOOK VALUE

At 31 December 2014

4,489

At 31 December 2013

3,170

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

80

Ordinary

£1

80

80