Abbreviated Company Accounts - LIGHTVALVE LIMITED

LIGHTVALVE LIMITED - Company Information

06783082 LIGHTVALVE LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 06783082 2014-02-01 2015-01-31 06783082 2015-01-31 06783082 2014-01-31 06783082 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 06783082 uk-gaap-cd-bus:Director2 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-31 iso4217:GBP shares

Registered Number 06783082

LIGHTVALVE LIMITED

Abbreviated Accounts

31 January 2015

LIGHTVALVE LIMITED Registered Number 06783082

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	7,859	6,167
Tangible assets	3	4,252	4,192
		12,111	10,359
Current assets
Cash at bank and in hand		71	23
		71	23
Creditors: amounts falling due within one year		(41,018)	(32,837)
Net current assets (liabilities)		(40,947)	(32,814)
Total assets less current liabilities		(28,836)	(22,455)
Total net assets (liabilities)		(28,836)	(22,455)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(28,936)	(22,555)
Shareholders' funds		(28,836)	(22,455)

For the year ending 31 January 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 28 October 2015

And signed on their behalf by:
Mr Leopold Wurm, Director

LIGHTVALVE LIMITED Registered Number 06783082

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Tangible assets depreciation policy
Depreciation is provided on office equipment so as to write off the cost over its expected useful life at 25% on a reducing balance method.

Intangible assets amortisation policy
Depreciation is provided on development costs so as to write off the cost over their expected useful life at 10% on a reducing balance method.

2Intangible fixed assets

	£
Cost
At 1 February 2014	7,903
Additions	2,565
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	10,468
Amortisation
At 1 February 2014	1,736
Charge for the year	873
On disposals	-
At 31 January 2015	2,609
Net book values
At 31 January 2015	7,859
At 31 January 2014	6,167

3Tangible fixed assets

	£
Cost
At 1 February 2014	6,985
Additions	1,477
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	8,462
Depreciation
At 1 February 2014	2,793
Charge for the year	1,417
On disposals	-
At 31 January 2015	4,210
Net book values
At 31 January 2015	4,252
At 31 January 2014	4,192

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100