Lion Signs & Blinds Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06489344 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 April 2014 to 31 May 2015

for

Lion Signs & Blinds Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr M Al-Mashhadani

REGISTERED OFFICE:

8th Floor

Elizabeth House

54 - 58 High Street

Edgware

Middlesex

HA8 7EJ

REGISTERED NUMBER:

06489344 (England and Wales)

ACCOUNTANTS:

Korklin & Company

Certified Practising Accountants

8th Floor

Elizabeth House

54 - 58 High Street

Edgware

Middlesex

HA8 7EJ

FIXED ASSETS

Tangible assets

2

4,183

4,460

CURRENT ASSETS

Debtors

5,162

-

Cash at bank and in hand

53,651

47,724

58,813

47,724

CREDITORS

Amounts falling due within one year

62,249

27,237

NET CURRENT (LIABILITIES)/ASSETS

(3,436

)

20,487

TOTAL ASSETS LESS CURRENT LIABILITIES

747

24,947

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

746

24,946

SHAREHOLDERS' FUNDS

747

24,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 February 2016 and were signed by:

Mr M Al-Mashhadani - Director

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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

6,632

Additions

1,118

At 31 May 2015

7,750

DEPRECIATION

At 1 April 2014

2,172

Charge for period

1,395

At 31 May 2015

3,567

NET BOOK VALUE

At 31 May 2015

4,183

At 31 March 2014

4,460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.3.14

value:

£

£

1

Ordinary

£1

1

1