Lightside Limited - Limited company - abbreviated - 11.9

Lightside Limited - Limited company - abbreviated - 11.9

LIGHTSIDE LIMITED - Company Information

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REGISTERED NUMBER: 02630043 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2015

FOR

LIGHTSIDE LIMITED

LIGHTSIDE LIMITED (REGISTERED NUMBER: 02630043)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 31 July 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

LIGHTSIDE LIMITED

COMPANY INFORMATION
for the year ended 31 July 2015







DIRECTOR: J.L Skibicki





SECRETARY: J.L Skibicki





REGISTERED OFFICE: Leigh House
Weald Road
Brentwood
Essex
CM14 4SX





REGISTERED NUMBER: 02630043 (England and Wales)





ACCOUNTANTS: Marriotts Associates
Leigh House
Weald Road
Brentwood
Essex
CM14 4SX
Page 1
LIGHTSIDE LIMITED (REGISTERED NUMBER: 02630043)

ABBREVIATED BALANCE SHEET
31 July 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 - 12,020
Investments 3 10,000 10,000
10,000 22,020

CURRENT ASSETS
Stocks - 43,002
Debtors 377,381 628,080
Cash at bank and in hand 2,705,860 1,913,832
3,083,241 2,584,914
CREDITORS
Amounts falling due within one year 1,532,354 1,193,329
NET CURRENT ASSETS 1,550,887 1,391,585
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,560,887
1,413,605

CAPITAL AND RESERVES
Called up share capital 4 52 52
Share premium 19,950 19,950
Profit and loss account 1,540,885 1,393,603
SHAREHOLDERS' FUNDS 1,560,887 1,413,605

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 notes form part of these abbreviated accounts

Page 2 continued...
LIGHTSIDE LIMITED (REGISTERED NUMBER: 02630043)

ABBREVIATED BALANCE SHEET - continued
31 July 2015


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 1 March 2016 and were signed by:





J.L Skibicki - Director


The notes form part of these abbreviated accounts

Page 3
LIGHTSIDE LIMITED (REGISTERED NUMBER: 02630043)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 July 2015


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.

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.

Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 33% on cost
Computer equipment - 33% on cost

Stocks
Stock and work in progress are valued at the lower of cost and net realisable value.


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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2014 139,749
Additions 1,174
At 31 July 2015 140,923
DEPRECIATION
At 1 August 2014 127,729
Charge for year 13,194
At 31 July 2015 140,923
NET BOOK VALUE
At 31 July 2015 -
At 31 July 2014 12,020

Page 4 continued...
LIGHTSIDE LIMITED (REGISTERED NUMBER: 02630043)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 31 July 2015


3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 August 2014
and 31 July 2015 10,000
NET BOOK VALUE
At 31 July 2015 10,000
At 31 July 2014 10,000

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
52 Ordinary Shares £1 52 52

Page 5