Lennard Dakin Limited - Period Ending 2015-08-31

Registration number: 01903257

Lennard Dakin Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2015
 

Lennards
Chartered Accountants
The Vicarage
31 Great King Street
Macclesfield
Cheshire
SK11 6PL

Lennard Dakin Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Lennard Dakin Limited
for the Year Ended 31 August 2015

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lennard Dakin Limited for the year ended 31 August 2015 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Lennard Dakin Limited , as a body, in accordance with the terms of our engagement letterdated 20 January 2010. Our work has been undertaken solely to prepare for your approval the accounts of Lennard Dakin Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lennard Dakin Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Lennard Dakin Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lennard Dakin Limited . You consider that Lennard Dakin 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 accounts of Lennard Dakin 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 accounts.

......................................

Lennards
Chartered Accountants
The Vicarage
31 Great King Street
Macclesfield
Cheshire
SK11 6PL

29 January 2016

Page 1

Lennard Dakin Limited
(Registration number: 01903257)
Abbreviated Balance Sheet at 31 August 2015

		Note			2015 £			2014 £
Current assets
Debtors					1,000			6,294
Cash at bank and in hand					1,752			-
					2,752			6,294
Creditors: Amounts falling due within one year					(2,558)			(6,116)
Net assets					194			178
Capital and reserves
Called up share capital		2			99			99
Profit and loss account					95			79
Shareholders' funds					194			178

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 2

Lennard Dakin Limited
(Registration number: 01903257)
Abbreviated Balance Sheet at 31 August 2015
......... continued

For the year ending 31 August 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 29 January 2016 and signed on its behalf by:

.........................................
Catherine Gillian Lennard
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Lennard Dakin Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

1	Accounting policies

Basis of preparation

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).

Turnover

The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the year. The whole of the company's turnover was generated from its main activity and arose in the U.K.

Deferred tax

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may crystallise.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		99			99			99			99

Page 4

Lennard Dakin Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

3	Related party transactions

Directors' advances and credits

	2015 Advance/ Credit £	2015 Repaid £	2014 Advance/ Credit £	2014 Repaid £
Catherine Gillian Lennard
Interim dividends received	2,250	-	625	-
John Mark Lennard
Interim dividends received	625	-	750	-

Page 5