Lee Moorley Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04926212 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Lee Moorley Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L Moorley

SECRETARY:

Mrs C Moorley

REGISTERED OFFICE:

19 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

04926212 (England and Wales)

ACCOUNTANTS:

Carter & Co

19 Warren Park Way

Enderby

Leicester

LE19 4SA

FIXED ASSETS

Tangible assets

2

4,244

4,410

CURRENT ASSETS

Stocks

500

750

Debtors

7,976

7,374

Cash at bank

1,935

228

10,411

8,352

CREDITORS

Amounts falling due within one year

10,086

8,044

NET CURRENT ASSETS

325

308

TOTAL ASSETS LESS CURRENT LIABILITIES

4,569

4,718

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

4,568

4,717

SHAREHOLDERS' FUNDS

4,569

4,718

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 26 May 2015 and were signed by:

L Moorley - 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, 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 etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

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

7,549

Additions

1,296

Disposals

(367

)

At 31 March 2015

8,478

DEPRECIATION

At 1 April 2014

3,139

Charge for year

1,248

Eliminated on disposal

(153

)

At 31 March 2015

4,234

NET BOOK VALUE

At 31 March 2015

4,244

At 31 March 2014

4,410

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

Ordinary

£1

1

1