Lettuce Up North Ltd - Limited company - abbreviated - 11.6
Lettuce Up North Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| LETTUCE UP NORTH LTD |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
| LETTUCE UP NORTH LTD (REGISTERED NUMBER: SC413297) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| Chartered Accountants' Report | 6 |
| LETTUCE UP NORTH LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| LETTUCE UP NORTH LTD (REGISTERED NUMBER: SC413297) |
| ABBREVIATED BALANCE SHEET |
| 30 SEPTEMBER 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| LETTUCE UP NORTH LTD (REGISTERED NUMBER: SC413297) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 SEPTEMBER 2014 |
| The financial statements were approved by the Board of Directors on |
| LETTUCE UP NORTH LTD (REGISTERED NUMBER: SC413297) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 SEPTEMBER 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 the net sales of goods and services, excluding value added tax. Consideration is given to the |
| point at which the company is entitled to receive the income. |
| Intangible fixed assets |
| Intangible fixed assets, represent trademarks acquired. They are amortised over their estimated economic useful |
| life of 5 years commencing 1st October, 2013. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. Deferred tax assets on unused trading losses carried forward are recognised only where there is a |
| reasonable expectation that they will be realised within the foreseeable future. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2013 |
| and 30 September 2014 |
| NET BOOK VALUE |
| At 30 September 2014 |
| At 30 September 2013 |
| LETTUCE UP NORTH LTD (REGISTERED NUMBER: SC413297) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 SEPTEMBER 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2013 |
| Additions |
| At 30 September 2014 |
| DEPRECIATION |
| At 1 October 2013 |
| Charge for year |
| At 30 September 2014 |
| NET BOOK VALUE |
| At 30 September 2014 |
| At 30 September 2013 |
| 4. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 2014 | 2013 |
| £ | £ |
| Repayable by instalments | - | 27,436 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid |
Number |
Class |
Nominal Value: |
2013 |
2012 |
| 100 | Ordinary | £1 | - | 100 |
| 10,000 | Ordinary A | £0.01 | 100 | - |
| 100 | 100 |
| During the year the 100 ordinary shares of £1 each were converted into 10,000 ordinary A shares of £0.01. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| LETTUCE UP NORTH LTD |
| 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 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 Lettuce Up North Ltd for the year ended 30 September 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 of Scotland, we are subject to its ethical and other |
| professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
| This report is made solely to the Board of Directors of Lettuce Up North Ltd, as a body, in accordance with our terms of |
| engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lettuce Up |
| North Ltd and state those matters that we have agreed to state to the Board of Directors of Lettuce Up North Ltd, as a |
| body, in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed |
| at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or |
| assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this |
| report. |
| It is your duty to ensure that Lettuce Up North Ltd 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 loss of Lettuce Up North |
| Ltd. You consider that Lettuce Up North Ltd 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 Lettuce Up North Ltd. 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. |
| Chartered Accountants |
| 29 June 2015 |