LHC Roofing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04329591 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

LHC Roofing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A W Richardson

SECRETARY:

Ms V E L Plumpton

REGISTERED OFFICE:

5th Floor

11 Leadenhall Street

London

England and wales

EC3V 1LP

REGISTERED NUMBER:

04329591 (England and Wales)

ACCOUNTANTS:

FPSS Limited

Business Advisers and Accountants

5th Floor

11 Leadenhall Street

London

EC3V 1LP

FIXED ASSETS

Tangible assets

2

658

941

CURRENT ASSETS

Stocks

58,935

5,827

Debtors

195,804

225,066

Cash at bank and in hand

52,985

41,086

307,724

271,979

CREDITORS

Amounts falling due within one year

126,000

121,819

NET CURRENT ASSETS

181,724

150,160

TOTAL ASSETS LESS CURRENT LIABILITIES

182,382

151,101

CREDITORS

Amounts falling due after more than one year

(69,097

)

(69,097

)

PROVISIONS FOR LIABILITIES

(39

)

(34

)

NET ASSETS

113,246

81,970

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

113,244

81,968

SHAREHOLDERS' FUNDS

113,246

81,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 16 October 2015 and were signed by:

Mr A W Richardson - 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 and services, 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

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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 April 2014

17,425

Disposals

(1,200

)

At 31 March 2015

16,225

DEPRECIATION

At 1 April 2014

16,484

Charge for year

193

Eliminated on disposal

(1,110

)

At 31 March 2015

15,567

NET BOOK VALUE

At 31 March 2015

658

At 31 March 2014

941

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £14,915 (2014 - £11,100) were paid to the directors .

5.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.