Abbreviated Company Accounts - HOST LINCOLN LIMITED

HOST LINCOLN LIMITED - Company Information

Registered Number 06111631

HOST LINCOLN LIMITED

Abbreviated Accounts

27 February 2015

HOST LINCOLN LIMITED Registered Number 06111631

Abbreviated Balance Sheet as at 27 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	13,463	15,814
		13,463	15,814
Current assets
Stocks		847	847
Debtors		7,416	-
Cash at bank and in hand		112,749	45,796
		121,012	46,643
Creditors: amounts falling due within one year		(80,818)	(71,937)
Net current assets (liabilities)		40,194	(25,294)
Total assets less current liabilities		53,657	(9,480)
Total net assets (liabilities)		53,657	(9,480)
Capital and reserves
Called up share capital		2	2
Profit and loss account		53,655	(9,482)
Shareholders' funds		53,657	(9,480)

For the year ending 27 February 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 28 January 2016

And signed on their behalf by:
M D RUSSELL, Director

HOST LINCOLN LIMITED Registered Number 06111631

Notes to the Abbreviated Accounts for the period ended 27 February 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 amount due, excluding VAT, for services provided during the period under review.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20% reducing balance
Fixtures & Fittings - 20% reducing balance
Equipment - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2014	25,334
Additions	2,136
Disposals	-
Revaluations	-
Transfers	-
At 27 February 2015	27,470
Depreciation
At 1 March 2014	9,520
Charge for the year	4,487
On disposals	-
At 27 February 2015	14,007
Net book values
At 27 February 2015	13,463
At 28 February 2014	15,814