Abbreviated Company Accounts - LAKOTA LIMITED

FRESH YARD LIMITED - Company Information

03300715 LAKOTA LIMITED 2015-01-31 false 2014-02-01 2015-01-31 true 03300715 2014-02-01 2015-01-31 03300715 2015-01-31 03300715 2014-01-31 03300715 uk-gaap-cd-bus:Director1 2014-02-01 2015-01-31 03300715 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 03300715

LAKOTA LIMITED

Abbreviated Accounts

31 January 2015

LAKOTA LIMITED Registered Number 03300715

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	125,372	131,641
		125,372	131,641
Current assets
Debtors		688,646	641,753
Cash at bank and in hand		19,986	19,607
		708,632	661,360
Creditors: amounts falling due within one year	3	(87,487)	(67,411)
Net current assets (liabilities)		621,145	593,949
Total assets less current liabilities		746,517	725,590
Creditors: amounts falling due after more than one year	3	(77,738)	(80,443)
Total net assets (liabilities)		668,779	645,147
Capital and reserves
Called up share capital	4	533	533
Profit and loss account		668,246	644,614
Shareholders' funds		668,779	645,147

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 29 October 2015

And signed on their behalf by:
Martino Burgess, Director
Cassara Burges, Director

LAKOTA LIMITED Registered Number 03300715

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.

The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1, from presenting a cash flow statement as it qualifies as a small company.

Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

2Tangible fixed assets

	£
Cost
At 1 February 2014	158,068
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	158,068
Depreciation
At 1 February 2014	26,427
Charge for the year	6,269
On disposals	-
At 31 January 2015	32,696
Net book values
At 31 January 2015	125,372
At 31 January 2014	131,641

3Creditors

	2015 £	2014 £
Secured Debts	77,738	80,443

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

	2015 £	2014 £
533 Ordinary shares of £1 each	533	533