Leisure Nights Limited - Period Ending 2015-05-31

Registration number: 03442363

Leisure Nights Limited

Unaudited Abbreviated Accounts
 
for the Year Ended 31 May 2015

Leisure Nights Limited

Contents

Abbreviated Balance Sheet	1 to 2
Notes to the Abbreviated Accounts	3 to 4

Leisure Nights Limited

(Registration number: 03442363)
Abbreviated Balance Sheet as at 31 May 2015

	Note	2015  £	2014  £
Fixed assets
Tangible assets	2	864,135	1,310,197
Current assets
Debtors		53,005	7,630
Cash at bank and in hand		14,763	22,875
		67,768	30,505
Creditors: Amounts falling due within one year		(88,701)	(112,957)
Net current liabilities		(20,933)	(82,452)
Total assets less current liabilities		843,202	1,227,745
Creditors: Amounts falling due after more than one year		(1,791,993)	(2,064,481)
Accruals and deferred income		(3,600)	(1,800)
Net liabilities		(952,391)	(838,536)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(952,392)	(838,537)
Shareholders deficit		(952,391)	(838,536)

For the year ending 31 May 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 director on 14 February 2016

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Leisure Nights Limited

(Registration number: 03442363)
Abbreviated Balance Sheet as at 31 May 2015

.........................................
Mrs Mary Naomi Taylor
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Leisure Nights Limited

Notes to the Abbreviated Accounts

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.

Exemption from preparing a cash flow statement

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis.

2

Fixed assets

	Tangible assets £	Total £
Cost
At 1 June 2014	1,529,060	1,529,060
Disposals	(461,640)	(461,640)
At 31 May 2015	1,067,420	1,067,420
Depreciation
At 1 June 2014	218,863	218,863
Charge for the year	12,140	12,140
Eliminated on disposals	(27,718)	(27,718)
At 31 May 2015	203,285	203,285
Net book value
At 31 May 2015	864,135	864,135
At 31 May 2014	1,310,197	1,310,197

Page 3

Leisure Nights Limited

Notes to the Abbreviated Accounts

3

Share capital

Allotted, called up and fully paid shares

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

4

Control

The director is the controlling party by virtue of her controlling shareholding in the company.

Page 4