Lambert Pressland Ltd - Limited company - abbreviated - 11.9

Lambert Pressland Ltd - Limited company - abbreviated - 11.9

LAMBERT PRESSLAND LIMITED - Company Information

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REGISTERED NUMBER: 03737637 (England and Wales)











Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Lambert Pressland Ltd

Lambert Pressland Ltd (Registered number: 03737637)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Lambert Pressland Ltd

Company Information
for the Year Ended 31 March 2015







DIRECTORS: P I H Pressland
O E Lambert





SECRETARY: P Pressland





REGISTERED OFFICE: 14 Church Street
Whitchurch
Basingstoke
Hampshire
RG28 7AB





REGISTERED NUMBER: 03737637 (England and Wales)





Page 1
Lambert Pressland Ltd (Registered number: 03737637)

Abbreviated Balance Sheet
31 March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 - 1,141
Investments 3 186,965 186,965
Investment property 4 20,327,924 19,688,356
20,514,889 19,876,462

CURRENT ASSETS
Stocks 905,054 874,901
Debtors 321,964 938,636
Cash at bank 445,681 472,142
1,672,699 2,285,679
CREDITORS
Amounts falling due within one year 1,434,882 1,632,080
NET CURRENT ASSETS 237,817 653,599
TOTAL ASSETS LESS CURRENT
LIABILITIES
20,752,706
20,530,061

CREDITORS
Amounts falling due after more than one
year
5
13,494,553
13,110,342
NET ASSETS 7,258,153 7,419,719

CAPITAL AND RESERVES
Called up share capital 6 2 2
Revaluation reserve 5,685,989 5,685,989
Profit and loss account 1,572,162 1,733,728
SHAREHOLDERS' FUNDS 7,258,153 7,419,719

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 notes form part of these abbreviated accounts

Page 2 continued...
Lambert Pressland Ltd (Registered number: 03737637)

Abbreviated Balance Sheet - continued
31 March 2015


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:




P I H Pressland - Director



O E Lambert - Director


The notes form part of these abbreviated accounts

Page 3
Lambert Pressland Ltd (Registered number: 03737637)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets 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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

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
and 31 March 2015 57,384
DEPRECIATION
At 1 April 2014 56,243
Charge for year 1,141
At 31 March 2015 57,384
NET BOOK VALUE
At 31 March 2015 -
At 31 March 2014 1,141

Page 4 continued...
Lambert Pressland Ltd (Registered number: 03737637)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 April 2014
and 31 March 2015 186,965
NET BOOK VALUE
At 31 March 2015 186,965
At 31 March 2014 186,965

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2014 19,688,356
Additions 639,568
At 31 March 2015 20,327,924
NET BOOK VALUE
At 31 March 2015 20,327,924
At 31 March 2014 19,688,356

5. CREDITORS

Creditors include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable by instalments 5,768,491 5,841,697

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

Page 5