Lincoln Gibbons Property Investments - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04618540 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

Lincoln Gibbons Property Investments

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D L Willis

SECRETARY:

REGISTERED OFFICE:

39 Sackville Road

Hove

East Sussex

BN3 3WD

REGISTERED NUMBER:

04618540 (England and Wales)

ACCOUNTANTS:

Bristow Still

Chartered Accountants

39 Sackville Road

Hove

East Sussex

BN3 3WD

FIXED ASSETS

Tangible assets

2

173,500

225,500

CURRENT ASSETS

Debtors

126,351

126,351

Cash at bank

40,205

460

166,556

126,811

CREDITORS

Amounts falling due within one year

174,188

209,257

NET CURRENT LIABILITIES

(7,632

)

(82,446

)

TOTAL ASSETS LESS CURRENT LIABILITIES

165,868

143,054

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

165,866

143,052

SHAREHOLDERS' FUNDS

165,868

143,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 23 August 2014 and were signed by:

D L Willis - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 January 2013

225,500

Disposals

(52,000

)

At 31 December 2013

173,500

NET BOOK VALUE

At 31 December 2013

173,500

At 31 December 2012

225,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

2

Ordinary

£1

2

2