Love & Robinson Kitchen and Bedrooms Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07027745 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

LOVE & ROBINSON KITCHEN AND BEDROOMS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

M K Robinson

S Love

SECRETARY:

M K Robinson

REGISTERED OFFICE:

Suite 5, Martland Mill

Mart Lane

Burscough

Lancashire

L40 0SD

REGISTERED NUMBER:

07027745 (England and Wales)

ACCOUNTANTS:

Beaumont & Co

Suite 5

Martland Mill

Mart Lane

Burscough

Lancashire

L40 0SD

FIXED ASSETS

Tangible assets

2

180,520

203,986

CURRENT ASSETS

Stocks

59,500

44,150

Debtors

140,965

163,299

Cash at bank and in hand

26,322

79,593

226,787

287,042

CREDITORS

Amounts falling due within one year

310,551

328,274

NET CURRENT LIABILITIES

(83,764

)

(41,232

)

TOTAL ASSETS LESS CURRENT LIABILITIES

96,756

162,754

CREDITORS

Amounts falling due after more than one year

75,743

137,348

NET ASSETS

21,013

25,406

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

21,012

25,405

SHAREHOLDERS' FUNDS

21,013

25,406

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 24 April 2015 and were signed on its behalf by:

S Love - 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

253,181

Additions

8,605

At 30 September 2014

261,786

DEPRECIATION

At 1 October 2013

49,195

Charge for year

32,071

At 30 September 2014

81,266

NET BOOK VALUE

At 30 September 2014

180,520

At 30 September 2013

203,986

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

1

Ordinary

1

1

1

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Beaumont & Co

Suite 5

Martland Mill

Mart Lane

Burscough

Lancashire

L40 0SD

24 April 2015