The Land Agency Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04547206 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

The Land Agency Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTOR:

M Whitfield

REGISTERED OFFICE:

23 Rownhams Road

North Baddesley

Southampton

Hampshire

SO52 9ES

REGISTERED NUMBER:

04547206 (England and Wales)

ACCOUNTANTS:

Carbon Accountants Limited

Chartered Certified Accountants

66 Botley Road

Park Gate

Southampton

Hampshire

SO31 1BB

FIXED ASSETS

Tangible assets

2

910

593

CURRENT ASSETS

Debtors

2,511

-

Cash at bank

2,637

1,608

5,148

1,608

CREDITORS

Amounts falling due within one year

39,344

19,543

NET CURRENT LIABILITIES

(34,196

)

(17,935

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,286

)

(17,342

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(33,287

)

(17,343

)

SHAREHOLDERS' FUNDS

(33,286

)

(17,342

)

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 director acknowledges his 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 director on 24 December 2015 and were signed by:

M Whitfield - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Through the personal financial support of the director, he a reasonable expectation that he will

provide the company adequate resources to continue in operational existence for the foreseeable

future. Thus he continues to adopt the going concern basis of accounting in preparing the annual

financial statements.

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 the invoiced sales of services, excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

9,516

Additions

619

At 31 March 2015

10,135

DEPRECIATION

At 1 April 2014

8,923

Charge for year

302

At 31 March 2015

9,225

NET BOOK VALUE

At 31 March 2015

910

At 31 March 2014

593

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

£

M Whitfield

Balance outstanding at start of year

(18,443

)

(22,363

)

Amounts advanced

(11,315

)

10,134

Amounts repaid

(7,994

)

(6,214

)

Balance outstanding at end of year

(37,752

)

(18,443

)

No interest was charged by the director on the above loan.

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of The Land Agency Limited for the year ended 31 March 2015 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of The Land Agency Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Land Agency Limited and state those matters that we have agreed to state to the director of The Land Agency Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Land Agency Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Land Agency Limited. You consider that The Land Agency Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Land

Agency Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion

on the statutory financial statements.

Carbon Accountants Limited

Chartered Certified Accountants

66 Botley Road

Park Gate

Southampton

Hampshire

SO31 1BB

24 December 2015