Abbreviated Company Accounts - 3RD LIGHT PROJECTS LIMITED

Abbreviated Company Accounts - 3RD LIGHT PROJECTS LIMITED


Registered Number 08877987

3RD LIGHT PROJECTS LIMITED

Abbreviated Accounts

31 March 2015

3RD LIGHT PROJECTS LIMITED Registered Number 08877987

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015
£
Current assets
Debtors 4,043
Cash at bank and in hand 17,928
21,971
Creditors: amounts falling due within one year (5,410)
Net current assets (liabilities) 16,561
Total assets less current liabilities 16,561
Total net assets (liabilities) 16,561
Capital and reserves
Called up share capital 2 100
Profit and loss account 16,461
Shareholders' funds 16,561
  • For the year ending 31 March 2015 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 31 July 2015

And signed on their behalf by:
Michael Richard Day, Director

3RD LIGHT PROJECTS LIMITED Registered Number 08877987

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 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 assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery - 20% straight line
Motor vehicles - 25% straight line

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value

Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:
2015
£
100 Ordinary shares of £1 each 100