Limitlease Limited - Limited company - abbreviated - 11.0.0
Limitlease Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 October 2013 |
| for |
| Limitlease Limited |
| Limitlease Limited (Registered number: 04677304) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Limitlease Limited |
| Company Information |
| for the Year Ended 31 October 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Limitlease Limited (Registered number: 04677304) |
| Abbreviated Balance Sheet |
| 31 October 2013 |
| 31.10.13 | 31.10.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| Limitlease Limited (Registered number: 04677304) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 2013 |
| 1. | ACCOUNTING POLICIES |
| 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 net invoiced sales of services, excluding value added tax. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Fixed asset investments |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 November 2012 |
| and 31 October 2013 | 870,499 |
| NET BOOK VALUE |
| At 31 October 2013 |
| At 31 October 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1,156,192 | 1,118,613 |
| Profit for the year | 39,424 | 43,329 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.13 | 31.10.12 |
| value: | £ | £ |
| Ordinary | £1 |
| Limitlease Limited (Registered number: 04677304) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2013 |
| 4. | RELATED PARTY DISCLOSURES |
| S&G Developments Limited |
| A company controlled by the director, Mr S Goldstone. |
| 31.10.13 | 31.10.12 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| Director |
| It is interest free. |
| 31.10.13 | 31.10.12 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| Melview Properties Limited |
| A company controlled by Limitlease Limited. |
| It is interest free. |
| 31.10.13 | 31.10.12 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| Director. |
| This loan is interest free. |
| 31.10.13 | 31.10.12 |
| £ | £ |
| Amount due to related party at the balance sheet date |
| Melview Properties Ltd |
| A parent company of Limitlease Ltd |
| During the year the company supplied services with a value of £875 (2012 - £17,500) from its parent company |
| Limitlease Limited. |
| Limitlease Limited (Registered number: 04677304) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2013 |
| 5. | CONSOLIDATED FINANCIAL STATEMENTS |
| The company has taken advantage of the exemption available to small groups and has not prepared consolidated |
| financial statements. |