Abbreviated Company Accounts - LYONS EUROPEAN LIMITED

LYONS EUROPEAN LIMITED - Company Information

NI033059 LYONS EUROPEAN LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true NI033059 2013-11-01 2014-10-31 NI033059 2014-10-31 NI033059 2013-10-31 NI033059 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 NI033059 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number NI033059

LYONS EUROPEAN LIMITED

Abbreviated Accounts

31 October 2014

LYONS EUROPEAN LIMITED Registered Number NI033059

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,409,190	1,342,696
		1,409,190	1,342,696
Current assets
Debtors		823,534	759,677
Cash at bank and in hand		1,576,702	1,475,046
		2,400,236	2,234,723
Creditors: amounts falling due within one year		(1,116,912)	(1,273,463)
Net current assets (liabilities)		1,283,324	961,260
Total assets less current liabilities		2,692,514	2,303,956
Creditors: amounts falling due after more than one year		(105,063)	(22,293)
Provisions for liabilities		(158,178)	(118,161)
Total net assets (liabilities)		2,429,273	2,163,502
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		2,429,263	2,163,492
Shareholders' funds		2,429,273	2,163,502

For the year ending 31 October 2014 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 4 April 2015

And signed on their behalf by:
Gary Lyons, Director

LYONS EUROPEAN LIMITED Registered Number NI033059

Notes to the Abbreviated Accounts for the period ended 31 October 2014

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.

Turnover policy
Turnover represents total invoice value, excluding vat, of sales made during the year.

Tangible assets depreciation policy
Plant & Machinery - 20% Reducing balance
Fixtures & Fittings - 10% Reducing Balance
Motor Vehicles - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2013	2,386,858
Additions	506,743
Disposals	(438,670)
Revaluations	-
Transfers	-
At 31 October 2014	2,454,931
Depreciation
At 1 November 2013	1,044,162
Charge for the year	302,103
On disposals	(300,524)
At 31 October 2014	1,045,741
Net book values
At 31 October 2014	1,409,190
At 31 October 2013	1,342,696

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

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10