Love From Lemonade Ltd - Limited company - abbreviated

REGISTERED NUMBER: 07509894 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Love From Lemonade Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M L A Bracey

L V Bracey

Ms S J Britton

Miss C A Haworth

M Thomson

REGISTERED OFFICE:

Silverthorne Lane

St Phillips

Bristol

BS2 0QD

REGISTERED NUMBER:

07509894 (England and Wales)

ACCOUNTANTS:

Clay & Associates Ltd

Clay Barn

Ipsley Court

Berrington Close

Redditch

Worcestershire

B98 0TD

FIXED ASSETS

Tangible assets

2

4,236

5,090

CURRENT ASSETS

Stocks

15,454

16,757

Debtors

31,176

56,763

Cash at bank and in hand

2,696

11,464

49,326

84,984

CREDITORS

Amounts falling due within one year

39,869

41,035

NET CURRENT ASSETS

9,457

43,949

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,693

49,039

PROVISIONS FOR LIABILITIES

847

1,018

NET ASSETS

12,846

48,021

CAPITAL AND RESERVES

Called up share capital

3

9

Profit and loss account

12,837

48,012

SHAREHOLDERS' FUNDS

12,846

48,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 November 2015 and were signed
on its behalf by:

L V Bracey - 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

-

33% on cost

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 May 2014

7,517

Additions

1,994

At 30 April 2015

9,511

DEPRECIATION

At 1 May 2014

2,427

Charge for year

2,848

At 30 April 2015

5,275

NET BOOK VALUE

At 30 April 2015

4,236

At 30 April 2014

5,090

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

9

Ordinary

£1

9

Love From Lemonade Ltd - Limited company - abbreviated - 11.9

Love From Lemonade Ltd - Limited company - abbreviated - 11.9