Leighhibell Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07860346 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Leighhibell Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

L A Hibell

SECRETARY:

REGISTERED OFFICE:

4A Denmark Terrace

Brighton

East Sussex

BN1 3AN

REGISTERED NUMBER:

07860346 (England and Wales)

ACCOUNTANTS:

KPF Accountancy Limited

13 Cambridge Street

Exeter

EX4 1 BY

FIXED ASSETS

Tangible assets

2

4,360

2,083

CURRENT ASSETS

Stocks

-

8,125

Debtors

15,116

7,479

Cash at bank

22,671

40,299

37,787

55,903

CREDITORS

Amounts falling due within one year

9,916

15,450

NET CURRENT ASSETS

27,871

40,453

TOTAL ASSETS LESS CURRENT LIABILITIES

32,231

42,536

PROVISIONS FOR LIABILITIES

872

-

NET ASSETS

31,359

42,536

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

31,349

42,526

SHAREHOLDERS' FUNDS

31,359

42,536

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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.

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 1 June 2015 and were signed by:

L A Hibell - 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 the amounts receivable, excluding VAT and trade discounts, by the company for services

provided during the period.

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 etc

-

33% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

4,265

Additions

4,739

At 30 November 2014

9,004

DEPRECIATION

At 1 December 2013

2,182

Charge for year

2,462

At 30 November 2014

4,644

NET BOOK VALUE

At 30 November 2014

4,360

At 30 November 2013

2,083

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

10

Ordinary

£1.00

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2014 and

30 November 2013:

30.11.14

30.11.13

£

£

L A Hibell

Balance outstanding at start of year

-

-

Amounts advanced

242

-

Amounts repaid

-

-

Balance outstanding at end of year

242

-