Abbreviated Company Accounts - LAZ LTD

Registered Number 05736592

LAZ LTD

Abbreviated Accounts

28 February 2015

LAZ LTD Registered Number 05736592

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	52,487	47,475
		52,487	47,475
Current assets
Stocks		22,100	11,200
Cash at bank and in hand		12,719	15,698
		34,819	26,898
Creditors: amounts falling due within one year		(62,545)	(64,757)
Net current assets (liabilities)		(27,726)	(37,859)
Total assets less current liabilities		24,761	9,616
Creditors: amounts falling due after more than one year		-	(30)
Total net assets (liabilities)		24,761	9,586
Capital and reserves
Called up share capital		100	100
Profit and loss account		24,661	9,486
Shareholders' funds		24,761	9,586

For the year ending 28 February 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 10 November 2015

And signed on their behalf by:
N DEVRIM, Director

LAZ LTD Registered Number 05736592

Notes to the Abbreviated Accounts for the period ended 28 February 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 at the following annual rates in order to write off each asset over its estimated useful life.

2Tangible fixed assets

	£
Cost
At 1 March 2014	90,037
Additions	14,274
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	104,311
Depreciation
At 1 March 2014	42,562
Charge for the year	9,262
On disposals	-
At 28 February 2015	51,824
Net book values
At 28 February 2015	52,487
At 28 February 2014	47,475