Abbreviated Company Accounts - LOCKTREES LIMITED

07237832 LOCKTREES LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 07237832 2013-05-01 2014-04-30 07237832 2014-04-30 07237832 2013-04-30 07237832 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 07237832 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 07237832

LOCKTREES LIMITED

Abbreviated Accounts

30 April 2014

LOCKTREES LIMITED Registered Number 07237832

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Current assets
Debtors		-	4,776
Cash at bank and in hand		384,242	13,112
		384,242	17,888
Creditors: amounts falling due within one year		(366,759)	(18,122)
Net current assets (liabilities)		17,483	(234)
Total assets less current liabilities		17,483	(234)
Total net assets (liabilities)		17,483	(234)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		17,383	(334)
Shareholders' funds		17,483	(234)

For the year ending 30 April 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 July 2015

And signed on their behalf by:
Clare Allen, Director

LOCKTREES LIMITED Registered Number 07237832

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable in respect of the company's principal activity.

Other accounting policies
Compliance with and departure from accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

The company has not disclosed the ultimate controlling party which is a requirement of the Financial Reporting Standard for Smaller Entities (effective April 2008). This is a departure from the accounting standard. The director is of the opinion that the non disclosure of this information does not affect the truth and fairness of the financial statements.

Deferred taxation

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.

Deferred tax assets and liabilities are not discounted.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100