Lauran Investments Limited - Limited company - abbreviated - 11.9
Lauran Investments Limited - Limited company - abbreviated - 11.9
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
BANKERS: |
LAURAN INVESTMENTS LIMITED (REGISTERED NUMBER: 03927894) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Prepayments and accrued income |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the director on |
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 |
Plant and machinery | - |
Office equipment | - |
Motor vehicles | - |
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 |
Disposals | ( |
) |
At 31 March 2015 |
DEPRECIATION |
At 1 April 2014 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
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 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |