Lee Slade Haulage Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08450310 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Lee Slade Haulage Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L W D Slade

Mrs R M Slade

REGISTERED OFFICE:

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

REGISTERED NUMBER:

08450310 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

FIXED ASSETS

Tangible assets

2

140,367

136,003

CURRENT ASSETS

Debtors

141,563

105,397

Cash at bank and in hand

2,000

11,618

143,563

117,015

CREDITORS

Amounts falling due within one year

116,470

72,965

NET CURRENT ASSETS

27,093

44,050

TOTAL ASSETS LESS CURRENT LIABILITIES

167,460

180,053

CREDITORS

Amounts falling due after more than one year

69,088

90,345

NET ASSETS

98,372

89,708

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

98,370

89,706

SHAREHOLDERS' FUNDS

98,372

89,708

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 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 17 December 2015 and were signed on its behalf by:

L W D Slade - 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.

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

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

143,162

Additions

37,046

At 31 March 2015

180,208

DEPRECIATION

At 1 April 2014

7,159

Charge for year

32,682

At 31 March 2015

39,841

NET BOOK VALUE

At 31 March 2015

140,367

At 31 March 2014

136,003

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2