One Week or Two Limited - Limited company - abbreviated - 11.6
One Week or Two Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| FOR |
| ONE WEEK OR TWO LIMITED |
| PREVIOUSLY KNOWN AS |
| LORIAN LIMITED |
| ONE WEEK OR TWO LIMITED (REGISTERED NUMBER: 08305398) |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 6 |
| ONE WEEK OR TWO LIMITED |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ONE WEEK OR TWO LIMITED (REGISTERED NUMBER: 08305398) |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| ABBREVIATED BALANCE SHEET |
| 30 NOVEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| ONE WEEK OR TWO LIMITED (REGISTERED NUMBER: 08305398) |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| ABBREVIATED BALANCE SHEET - continued |
| 30 NOVEMBER 2014 |
| The financial statements were approved by the director on |
| ONE WEEK OR TWO LIMITED (REGISTERED NUMBER: 08305398) |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| 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 services, excluding value added tax. |
| Intangible assets |
| The intangible asset is a franchise agreement purchased in 2014. This is amortised over it's expected useful life |
| of 5 years. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or |
| a right to pay less or to receive more tax. |
| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in |
| which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance |
| sheet date. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 30 November 2014 |
| AMORTISATION |
| Amortisation for year |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| ONE WEEK OR TWO LIMITED (REGISTERED NUMBER: 08305398) |
| PREVIOUSLY KNOWN AS LORIAN LIMITED |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 NOVEMBER 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2013 |
| Additions |
| At 30 November 2014 |
| DEPRECIATION |
| At 1 December 2013 |
| Charge for year |
| At 30 November 2014 |
| NET BOOK VALUE |
| At 30 November 2014 |
| At 30 November 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the year ended 30 November 2014 and the |
| period ended 30 November 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Interest has been charged at 4% to 5 April 2014 and 3.25% thereafter. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| ONE WEEK OR TWO LIMITED |
| PREVIOUSLY KNOWN AS LORIAN 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. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of One Week or Two Limited for the year ended 30 November 2014 which comprise the Profit and |
| Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of One Week or Two Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of One Week or Two Limited and state those matters that we have agreed to state to the director of One Week or Two Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that One Week or Two Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of One Week or Two Limited. You consider that One Week or Two Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of One Week or Two Limited. |
| For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 5 June 2015 |