Abbreviated Company Accounts - LOWGATE MORTGAGE SOLUTIONS LTD

Abbreviated Company Accounts - LOWGATE MORTGAGE SOLUTIONS LTD


Registered Number 08769635

LOWGATE MORTGAGE SOLUTIONS LTD

Abbreviated Accounts

31 December 2014

LOWGATE MORTGAGE SOLUTIONS LTD Registered Number 08769635

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014
£
Current assets
Debtors 15,000
Cash at bank and in hand 7,067
22,067
Creditors: amounts falling due within one year (20,346)
Net current assets (liabilities) 1,721
Total assets less current liabilities 1,721
Total net assets (liabilities) 1,721
Capital and reserves
Called up share capital 2 200
Profit and loss account 1,521
Shareholders' funds 1,721
  • For the year ending 31 December 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 10 August 2015

And signed on their behalf by:
Ivan Graham Logan, Director

LOWGATE MORTGAGE SOLUTIONS LTD Registered Number 08769635

Notes to the Abbreviated Accounts for the period ended 31 December 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 and 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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Other accounting policies
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
180 A Ordinary shares of £1 each 180
20 B Ordinary shares of £1 each 20