Abbreviated Company Accounts - LEADER BELTING LIMITED

LEADER BELTING LIMITED - Company Information

05614166 LEADER BELTING LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 05614166 2013-12-01 2014-11-30 05614166 2014-11-30 05614166 2013-11-30 05614166 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 05614166 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 05614166

LEADER BELTING LIMITED

Abbreviated Accounts

30 November 2014

LEADER BELTING LIMITED Registered Number 05614166

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	50,000	50,000
Tangible assets	3	37,278	14,114
		87,278	64,114
Current assets
Stocks		10,500	10,500
Debtors		111,223	96,004
Cash at bank and in hand		94	223
		121,817	106,727
Creditors: amounts falling due within one year		(151,094)	(162,546)
Net current assets (liabilities)		(29,277)	(55,819)
Total assets less current liabilities		58,001	8,295
Creditors: amounts falling due after more than one year		(25,691)	(3,602)
Provisions for liabilities		(7,454)	(3,384)
Total net assets (liabilities)		24,856	1,309
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		24,756	1,209
Shareholders' funds		24,856	1,309

For the year ending 30 November 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 19 August 2015

And signed on their behalf by:
J Rutter, Director

LEADER BELTING LIMITED Registered Number 05614166

Notes to the Abbreviated Accounts for the period ended 30 November 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 comprises sales invoiced to customers, excluding VAT, within the United Kingdom.

2Intangible fixed assets

	£
Cost
At 1 December 2013	50,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	50,000
Amortisation
At 1 December 2013	-
Charge for the year	-
On disposals	-
At 30 November 2014	-
Net book values
At 30 November 2014	50,000
At 30 November 2013	50,000

Goodwill

3Tangible fixed assets

	£
Cost
At 1 December 2013	30,847
Additions	35,590
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	66,437
Depreciation
At 1 December 2013	16,733
Charge for the year	12,426
On disposals	-
At 30 November 2014	29,159
Net book values
At 30 November 2014	37,278
At 30 November 2013	14,114

4Called Up Share Capital
Allotted, called up and fully paid:

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