Longitude Research Limited - Limited company - abbreviated - 11.6

Longitude Research Limited - Limited company - abbreviated - 11.6

LONGITUDE RESEARCH LIMITED - Company Information

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REGISTERED NUMBER: 07514721 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

LONGITUDE RESEARCH LIMITED

LONGITUDE RESEARCH LIMITED (REGISTERED NUMBER: 07514721)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

LONGITUDE RESEARCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2015







DIRECTORS: G Lofthouse
R P Mitchell
J Watson





REGISTERED OFFICE: Hikenield House East Anton Court
Icknield Way
Andover
Hampshire
SP10 5RG





REGISTERED NUMBER: 07514721 (England and Wales)
Page 1
LONGITUDE RESEARCH LIMITED (REGISTERED NUMBER: 07514721)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2015

2015 2014
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 22,048 15,321

CURRENT ASSETS
Debtors 472,018 258,481
Cash at bank 760,395 450,831
1,232,413 709,312
CREDITORS
Amounts falling due within one year 907,023 609,978
NET CURRENT ASSETS 325,390 99,334
TOTAL ASSETS LESS CURRENT
LIABILITIES
347,438
114,655

PROVISIONS FOR LIABILITIES 4,410 -
NET ASSETS 343,028 114,655

CAPITAL AND RESERVES
Called up share capital 3 200 200
Share premium 11,968 11,968
Profit and loss account 330,860 102,487
SHAREHOLDERS' FUNDS 343,028 114,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 10 October 2015 and were signed on its behalf by:





J Watson - Director


The notes form part of these abbreviated accounts

Page 2
LONGITUDE RESEARCH LIMITED (REGISTERED NUMBER: 07514721)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015


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 the value, net of value added tax and discounts, of goods provided to customers and work
carried out in respect of services provided to customers.

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 - 25% on cost and 10% on cost

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling
at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014 24,726
Additions 12,425
At 28 February 2015 37,151
DEPRECIATION
At 1 March 2014 9,405
Charge for year 5,698
At 28 February 2015 15,103
NET BOOK VALUE
At 28 February 2015 22,048
At 28 February 2014 15,321

Page 3 continued...
LONGITUDE RESEARCH LIMITED (REGISTERED NUMBER: 07514721)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2015


3. CALLED UP SHARE CAPITAL

2015 2014
£ £
Allotted, called up and fully paid:
Nominal Value: Number:
A Ordinary Shares £0.10 each 780 78 78
B Ordinary Shares £0.10 each 60 6 6
C Ordinary Shares £0.10 each 840 84 84
D Ordinary Shares £0.10 each 320 32 32
200 200

Page 4