Lamberts Independent F S Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04035157 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2014

for

Lamberts Independent Financial

Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J P Lambert

REGISTERED OFFICE:

11 Alcester Street

Redditch

Worcestershire

B98 8AE

REGISTERED NUMBER:

04035157 (England and Wales)

ACCOUNTANTS:

Underwood Kinson

Chartered Accountants

5 Saxon Close

Breedon on the Hill

Leicestershire

DE73 8LS

FIXED ASSETS

Tangible assets

2

62

82

CURRENT ASSETS

Debtors

194,459

133,521

Cash at bank

1,131

679

195,590

134,200

CREDITORS

Amounts falling due within one year

80,303

66,430

NET CURRENT ASSETS

115,287

67,770

TOTAL ASSETS LESS CURRENT LIABILITIES

115,349

67,852

PROVISIONS FOR LIABILITIES

16

16

NET ASSETS

115,333

67,836

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

115,332

67,835

SHAREHOLDERS' FUNDS

115,333

67,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 22 May 2015 and were signed by:

J P Lambert - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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.

Plant and machinery

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

2,000

DEPRECIATION

At 1 January 2014

1,918

Charge for year

20

At 31 December 2014

1,938

NET BOOK VALUE

At 31 December 2014

62

At 31 December 2013

82

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1