Lauran Investments Limited - Limited company - abbreviated - 11.9

Lauran Investments Limited - Limited company - abbreviated - 11.9


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REGISTERED NUMBER: 03927894 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

LAURAN INVESTMENTS LIMITED

LAURAN INVESTMENTS LIMITED (REGISTERED NUMBER: 03927894)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

LAURAN INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: P D Bulmer



REGISTERED OFFICE: 2 South East Farm Steading
Birling
Warkworth
Morpeth
Northumberland
NE65 0XS



REGISTERED NUMBER: 03927894 (England and Wales)



ACCOUNTANTS: Greaves Grindle
Chartered Accountants
Victoria House
Bondgate Within
Alnwick
Northumberland
NE66 1TA



BANKERS: Lloyds Bank plc
44 Front Street
Whickham
Newcastle upon Tyne
NE16 4DS

LAURAN INVESTMENTS LIMITED (REGISTERED NUMBER: 03927894)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 13,152 16,372
Investment property 3 592,365 592,365
605,517 608,737

CURRENT ASSETS
Debtors 9,887 15,053
Prepayments and accrued income 1,830 331
Cash at bank 75,517 76,369
87,234 91,753
CREDITORS
Amounts falling due within one year 1,835 7,434
NET CURRENT ASSETS 85,399 84,319
TOTAL ASSETS LESS CURRENT
LIABILITIES

690,916

693,056

CAPITAL AND RESERVES
Called up share capital 4 100 100
Revaluation reserve 200,000 200,000
Profit and loss account 490,816 492,956
SHAREHOLDERS' FUNDS 690,916 693,056

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 2 November 2015 and were signed by:



P D Bulmer - Director


LAURAN INVESTMENTS LIMITED (REGISTERED NUMBER: 03927894)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015


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 rents receivable. Rental income is recognised in the period to which it relates.

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 - 15% on reducing balance
Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment properties are shown at their open market value. The surplus or deficit from the annual revaluation is
transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment
property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which,
unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties
are held for their investment potential and not for use by the company and so their current value is of prime
importance. The departure from the provisions of the Act are required in order to give a true and fair view.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 25,080
Disposals (360 )
At 31 March 2015 24,720
DEPRECIATION
At 1 April 2014 8,708
Charge for year 3,018
Eliminated on disposal (158 )
At 31 March 2015 11,568
NET BOOK VALUE
At 31 March 2015 13,152
At 31 March 2014 16,372

LAURAN INVESTMENTS LIMITED (REGISTERED NUMBER: 03927894)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015


3. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2014
and 31 March 2015 592,365
NET BOOK VALUE
At 31 March 2015 592,365
At 31 March 2014 592,365

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100