Abbreviated Company Accounts - THE LETTINGS ROOM LIMITED

THE LETTINGS ROOM LIMITED - Company Information

06802259 THE LETTINGS ROOM LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 06802259 2014-04-01 2015-03-31 06802259 2015-03-31 06802259 2014-03-31 06802259 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06802259 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06802259

THE LETTINGS ROOM LIMITED

Abbreviated Accounts

31 March 2015

THE LETTINGS ROOM LIMITED Registered Number 06802259

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	21,084	6,213
		21,084	6,213
Current assets
Stocks		359,055	179,980
Debtors		100,000	1,400
Cash at bank and in hand		958,719	268,914
		1,417,774	450,294
Creditors: amounts falling due within one year		(626,225)	(381,315)
Net current assets (liabilities)		791,549	68,979
Total assets less current liabilities		812,633	75,192
Total net assets (liabilities)		812,633	75,192
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		812,533	75,092
Shareholders' funds		812,633	75,192

For the year ending 31 March 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 22 December 2015

And signed on their behalf by:
L D Jones, Director

THE LETTINGS ROOM LIMITED Registered Number 06802259

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represents the amounts receivable for goods and services net of vat and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over is expected useful life as follows;

Computer equipment 33% reducing balance
Motor vehicles 25% reducing balance

Valuation information and policy
Stock consists of properties valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2014	11,973
Additions	17,495
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	29,468
Depreciation
At 1 April 2014	5,760
Charge for the year	2,624
On disposals	-
At 31 March 2015	8,384
Net book values
At 31 March 2015	21,084
At 31 March 2014	6,213

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100