Abbreviated Company Accounts - L - TECH LIMITED

02205305 L - TECH LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02205305 2014-04-01 2015-03-31 02205305 2015-03-31 02205305 2014-03-31 02205305 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02205305 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:USD shares

Registered Number 02205305

L - TECH LIMITED

Abbreviated Accounts

31 March 2015

L - TECH LIMITED Registered Number 02205305

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		$	$
Fixed assets
Investments	2	1,800	1,800
		1,800	1,800
Current assets
Debtors		2,120,496	2,120,496
Cash at bank and in hand		37,401	37,464
		2,157,897	2,157,960
Creditors: amounts falling due within one year		(2,203,756)	(2,183,756)
Net current assets (liabilities)		(45,859)	(25,796)
Total assets less current liabilities		(44,059)	(23,996)
Total net assets (liabilities)		(44,059)	(23,996)
Capital and reserves
Called up share capital	3	160,000	160,000
Profit and loss account		(204,059)	(183,996)
Shareholders' funds		(44,059)	(23,996)

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 31 December 2015

And signed on their behalf by:
V.F.J. BARRETT, Director

L - TECH LIMITED Registered Number 02205305

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

Other accounting policies
Investments
Investments held as fixed assets are shown at cost less provision for impairment.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into dollars at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into dollars at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Profit and loss account.

2Fixed assets Investments
SCI Square de Croisic, whose registered office is in France, was the subsidiary undertaking of the company. The company owns 100% of the ordinary shares of the company.

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

	2015 $	2014 $
100,000 Ordinary shares of $1.60 each	160,000	160,000