Abbreviated Company Accounts - LYNDEV AIRSHAFTS LIMITED

LYNDEV PRECISION ENGINEERING LTD - Company Information

08113355 LYNDEV AIRSHAFTS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 08113355 2014-04-01 2015-03-31 08113355 2015-03-31 08113355 2014-03-31 08113355 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08113355 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08113355

LYNDEV AIRSHAFTS LIMITED

Abbreviated Accounts

31 March 2015

LYNDEV AIRSHAFTS LIMITED Registered Number 08113355

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,807	9,862
		10,807	9,862
Current assets
Stocks		4,000	3,150
Debtors		13,403	8,994
Cash at bank and in hand		11,735	8,970
		29,138	21,114
Creditors: amounts falling due within one year		(19,569)	(17,259)
Net current assets (liabilities)		9,569	3,855
Total assets less current liabilities		20,376	13,717
Total net assets (liabilities)		20,376	13,717
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		20,375	13,716
Shareholders' funds		20,376	13,717

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 24 August 2015

And signed on their behalf by:
P Douglas, Director

LYNDEV AIRSHAFTS LIMITED Registered Number 08113355

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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost and 10% on cost

2Tangible fixed assets

	£
Cost
At 1 April 2014	12,811
Additions	3,440
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	16,251
Depreciation
At 1 April 2014	2,949
Charge for the year	2,495
On disposals	-
At 31 March 2015	5,444
Net book values
At 31 March 2015	10,807
At 31 March 2014	9,862

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1