Abbreviated Company Accounts - LINNTEC LIMITED

Registered Number 07101264

LINNTEC LIMITED

Abbreviated Accounts

31 December 2014

LINNTEC LIMITED Registered Number 07101264

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	21,210	1,580
		21,210	1,580
Current assets
Stocks		53,120	52,600
Debtors		97,279	60,050
Cash at bank and in hand		24,701	19,569
		175,100	132,219
Creditors: amounts falling due within one year		(118,309)	(96,743)
Net current assets (liabilities)		56,791	35,476
Total assets less current liabilities		78,001	37,056
Provisions for liabilities		(4,242)	(316)
Total net assets (liabilities)		73,759	36,740
Capital and reserves
Called up share capital		100	100
Profit and loss account		73,659	36,640
Shareholders' funds		73,759	36,740

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 25 September 2015

And signed on their behalf by:
R Linn, Director

LINNTEC LIMITED Registered Number 07101264

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life at a rate of 25% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 January 2014	2,303
Additions	26,700
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	29,003
Depreciation
At 1 January 2014	723
Charge for the year	7,070
On disposals	-
At 31 December 2014	7,793
Net book values
At 31 December 2014	21,210
At 31 December 2013	1,580