Abbreviated Company Accounts - LIFE ORIENTATIONS LIMITED

Abbreviated Company Accounts - LIFE ORIENTATIONS LIMITED


Registered Number 04194813

LIFE ORIENTATIONS LIMITED

Abbreviated Accounts

31 December 2014

LIFE ORIENTATIONS LIMITED Registered Number 04194813

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,791 2,048
1,791 2,048
Current assets
Debtors 147,324 27,694
Cash at bank and in hand 2,089 462
149,413 28,156
Creditors: amounts falling due within one year (142,036) (28,990)
Net current assets (liabilities) 7,377 (834)
Total assets less current liabilities 9,168 1,214
Total net assets (liabilities) 9,168 1,214
Capital and reserves
Called up share capital 3 1,000 1,000
Profit and loss account 8,168 214
Shareholders' funds 9,168 1,214
  • 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 30 September 2015

And signed on their behalf by:
B S Biggar, Director

LIFE ORIENTATIONS LIMITED Registered Number 04194813

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.

2Tangible fixed assets
£
Cost
At 1 January 2014 29,443
Additions 1,122
Disposals -
Revaluations -
Transfers -
At 31 December 2014 30,565
Depreciation
At 1 January 2014 27,395
Charge for the year 1,379
On disposals -
At 31 December 2014 28,774
Net book values
At 31 December 2014 1,791
At 31 December 2013 2,048
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1,000 Ordinary shares of £1 each 1,000 1,000

4Transactions with directors

Name of director receiving advance or credit: B S Biggar
Description of the transaction: Advances to director
Balance at 1 January 2014: £ 20,583
Advances or credits made: £ 92,364
Advances or credits repaid: -
Balance at 31 December 2014: £ 112,947