LCP Quantum Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06629034 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2013

FOR

LCP QUANTUM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J Walters

SECRETARY:

R A Clephane

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

06629034 (England and Wales)

ACCOUNTANTS:

Brayshaw Morey

Certified Public Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

FIXED ASSETS

Tangible assets

2

29,404

39,612

CURRENT ASSETS

Debtors

27,338

17,977

Cash at bank and in hand

44,663

18,737

72,001

36,714

CREDITORS

Amounts falling due within one year

39,676

46,611

NET CURRENT ASSETS/(LIABILITIES)

32,325

(9,897

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,729

29,715

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

61,629

29,615

SHAREHOLDERS' FUNDS

61,729

29,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 13 August 2014 and were signed by:

A J Walters - 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.

Fixtures, fittings & equipment

-

15% on reducing balance

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 December 2012

and 30 November 2013

69,713

DEPRECIATION

At 1 December 2012

30,101

Charge for year

10,208

At 30 November 2013

40,309

NET BOOK VALUE

At 30 November 2013

29,404

At 30 November 2012

39,612

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

Financial transactions between LCP Harlesden Limited and LCP Parking Services Ltd ,which are companies

wholly owned by Mr A Walters, the Managing Director of LCP Quantum Limited, took place during the

Financial Year ended 30 November 2013. All transactions are recorded within the financial statements and were

at arms length.