Liquiline Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07492613 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JANUARY 2015

FOR

LIQUILINE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs T J Taylor

SECRETARY:

REGISTERED OFFICE:

Ashtree House

Tarrant Hinton

Blandford Forum

Dorset

DT11 8JA

REGISTERED NUMBER:

07492613 (England and Wales)

ACCOUNTANTS:

Spring & Co Tax Limited

92 Nore Road

Portishead

Bristol

Avon

BS20 8DX

FIXED ASSETS

Tangible assets

2

348,442

147,381

CURRENT ASSETS

Stocks

10,120

11,200

Debtors

245,658

326,653

Cash at bank

63,839

26,442

319,617

364,295

CREDITORS

Amounts falling due within one year

284,061

330,428

NET CURRENT ASSETS

35,556

33,867

TOTAL ASSETS LESS CURRENT LIABILITIES

383,998

181,248

CREDITORS

Amounts falling due after more than one year

141,354

75,125

NET ASSETS

242,644

106,123

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

242,444

105,923

SHAREHOLDERS' FUNDS

242,644

106,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 29 July 2015 and were signed by:

Mrs T J Taylor - 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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 31 January 2014

194,955

Additions

249,891

At 30 January 2015

444,846

DEPRECIATION

At 31 January 2014

47,574

Charge for year

48,830

At 30 January 2015

96,404

NET BOOK VALUE

At 30 January 2015

348,442

At 30 January 2014

147,381

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

100

B ordinary

£1

100

100

200

200