Lining Division Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06916740 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Lining Division Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Page

DJ Morgan-Owen

REGISTERED OFFICE:

93 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

REGISTERED NUMBER:

06916740 (England and Wales)

ACCOUNTANTS:

Sellens French

Chartered Accountants

93 Bohemia Road

St Leonards on Sea

East Sussex

TN37 6RJ

FIXED ASSETS

Tangible assets

2

27,011

25,064

CURRENT ASSETS

Debtors

153,518

400,956

Cash at bank

26,175

-

179,693

400,956

CREDITORS

Amounts falling due within one year

120,507

372,718

NET CURRENT ASSETS

59,186

28,238

TOTAL ASSETS LESS CURRENT LIABILITIES

86,197

53,302

CAPITAL AND RESERVES

Called up share capital

3

99

99

Profit and loss account

86,098

53,203

SHAREHOLDERS' FUNDS

86,197

53,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 13 April 2015 and were signed on its behalf by:

R Page - 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.

Plant and machinery

-

25% on reducing balance

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 November 2013

48,049

Additions

10,951

At 31 October 2014

59,000

DEPRECIATION

At 1 November 2013

22,985

Charge for year

9,004

At 31 October 2014

31,989

NET BOOK VALUE

At 31 October 2014

27,011

At 31 October 2013

25,064

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

33

Ordinary

£1

33

33

33

Ordinary A

£1

33

33

33

Ordinary B

£1

33

33

99

99