London Translations limited - Limited company - abbreviated

REGISTERED NUMBER: 04982180 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2014

for

London Translations limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTOR:

P Bennett

SECRETARY:

Montgomery Swann Secretary Limited

REGISTERED OFFICE:

Scotts Sufferance Wharf

1 Mill Street

London

SE1 2DE

REGISTERED NUMBER:

04982180 (England and Wales)

ACCOUNTANTS:

Montgomery Swann Ltd

Scotts Sufferance Wharf

1 Mill Street

London

SE1 2DE

FIXED ASSETS

Intangible assets

2

1

Tangible assets

3

16,926

26,455

16,927

26,456

CURRENT ASSETS

Stocks

-

6,837

Debtors

68,932

378,901

Cash at bank and in hand

21,893

91,898

90,825

477,636

CREDITORS

Amounts falling due within one year

172,781

457,676

NET CURRENT (LIABILITIES)/ASSETS

(81,956

)

19,960

TOTAL ASSETS LESS CURRENT
LIABILITIES

(65,029

)

46,416

CAPITAL AND RESERVES

Called up share capital

4

102

Profit and loss account

(65,131

)

46,314

SHAREHOLDERS' FUNDS

(65,029

)

46,416

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 11 July 2015 and were signed by:

P M Bennett - 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.

Plant and machinery etc

-

50% on cost and 25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

2,853

AMORTISATION

At 1 January 2014

and 31 December 2014

2,852

NET BOOK VALUE

At 31 December 2014

1

At 31 December 2013

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

93,800

Additions

3,561

At 31 December 2014

97,361

DEPRECIATION

At 1 January 2014

67,345

Charge for year

13,090

At 31 December 2014

80,435

NET BOOK VALUE

At 31 December 2014

16,926

At 31 December 2013

26,455

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

2

Ordinary

£1

2

1

'S' Ordinary

£100

100

102

Income - the "S" Ordinary Share shall carry rights to participate in income profits and distributions either as a

single class of share, or together with all existing shares in the Company (as if the same constituted a single class

of shares), as the board may recommend from time to time;

Capital - the "S" Ordinary Shareholders shall not be entitled to a return of assets (whether on liquidation, capital

reduction or otherwise) beyond its nominal value;

Voting - the "S" Ordinary Share shall be non-voting shares;

Non - Redeemable - the "S" Ordinary Share shall be non-redeemable;

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Montgomery Swann Ltd

Scotts Sufferance Wharf

1 Mill Street

London

SE1 2DE

11 July 2015

London Translations limited - Limited company - abbreviated - 11.6

London Translations limited - Limited company - abbreviated - 11.6