Abbreviated Company Accounts - LIVINGSTONE PARTNERS LIMITED

Abbreviated Company Accounts - LIVINGSTONE PARTNERS LIMITED


Registered Number 06720751

LIVINGSTONE PARTNERS LIMITED

Abbreviated Accounts

31 December 2013

LIVINGSTONE PARTNERS LIMITED Registered Number 06720751

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 6,438 13,918
6,438 13,918
Current assets
Debtors 232,094 450,038
Cash at bank and in hand 381 34,155
232,475 484,193
Creditors: amounts falling due within one year (210,032) (307,484)
Net current assets (liabilities) 22,443 176,709
Total assets less current liabilities 28,881 190,627
Total net assets (liabilities) 28,881 190,627
Capital and reserves
Called up share capital 3 950 950
Profit and loss account 27,931 189,677
Shareholders' funds 28,881 190,627
  • For the year ending 31 December 2013 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 17 September 2014

And signed on their behalf by:
M Huband, Director

LIVINGSTONE PARTNERS LIMITED Registered Number 06720751

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - Straight line over 4 to 10 years
Fixtures, fittings and equipment - Straight line over 3 years

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets
£
Cost
At 1 January 2013 44,411
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 44,411
Depreciation
At 1 January 2013 30,493
Charge for the year 7,480
On disposals -
At 31 December 2013 37,973
Net book values
At 31 December 2013 6,438
At 31 December 2012 13,918
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
600 A Ordinary shares of £1 each 600 600
350 B Ordinary shares of £1 each 350 350