LION_ARCHWAY_LTD - Accounts


Company Registration No. 08943201 (England and Wales)
LION ARCHWAY LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD 17 MARCH 2014 TO 31 MARCH 2015
LION ARCHWAY LTD
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2
Notes to the abbreviated accounts
3
LION ARCHWAY LTD
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LION ARCHWAY LTD FOR THE PERIOD ENDED 31 MARCH 2015
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lion Archway Ltd for the Period ended 31 March 2015 set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Lion Archway Ltd, as a body, in accordance with the terms of our engagement letter dated 20 March 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Lion Archway Ltd and state those matters that we have agreed to state to the Board of Directors of Lion Archway Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lion Archway Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Lion Archway Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lion Archway Ltd. You consider that Lion Archway Ltd is exempt from the statutory audit requirement for the Period.
We have not been instructed to carry out an audit or a review of the financial statements of Lion Archway Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Gerald Edelman
14 October 2015
Chartered Accountants
73 Cornhill
London
EC3V 3QQ
LION ARCHWAY LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 2 -
2015
Notes
£
£
Current assets
Debtors
121,710
Cash at bank and in hand
98,765
220,475
Creditors: amounts falling due within one year
(47,509)
Total assets less current liabilities
172,966
Capital and reserves
Called up share capital
2
2
Profit and loss account
172,964
Shareholders'  funds
172,966
For the financial Period ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 14 October 2015
G Sherman
A Stark
Director
Director
Company Registration No. 08943201
LION ARCHWAY LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 MARCH 2015
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1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover

Turnover represents amounts receivable for the sale of properties net of VAT . Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for the sale of the properties.the sale of properties net of VAT.

 

Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for the sale of the properties.

2
Share capital
2015
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2
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