Abbreviated Company Accounts - LIVINGSTONE PARTNERS LIMITED

LIVINGSTONE PARTNERS LIMITED - Company Information

06720751 LIVINGSTONE PARTNERS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06720751 2015-01-01 2015-12-31 06720751 2015-12-31 06720751 2014-12-31 06720751 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06720751 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-01-01 2015-12-31 uk-gaap-cd-bus:Director3 2015-12-31 uk-gaap-cd-bus:Director3 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 iso4217:GBP shares

Registered Number 06720751

LIVINGSTONE PARTNERS LIMITED

Abbreviated Accounts

31 December 2015

LIVINGSTONE PARTNERS LIMITED Registered Number 06720751

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,652	6,608
		5,652	6,608
Current assets
Debtors		201,516	247,315
Cash at bank and in hand		16,946	79,332
		218,462	326,647
Creditors: amounts falling due within one year		(223,235)	(261,265)
Net current assets (liabilities)		(4,773)	65,382
Total assets less current liabilities		879	71,990
Total net assets (liabilities)		879	71,990
Capital and reserves
Called up share capital	3	850	950
Profit and loss account		29	71,040
Shareholders' funds		879	71,990

For the year ending 31 December 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 4 March 2016

And signed on their behalf by:
M Huband, Director

LIVINGSTONE PARTNERS LIMITED Registered Number 06720751

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - Straight line over 4 to 10 years

Fixtures, fittings
and equipment - Straight line over 3 years

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Profit and Loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2015	43,048
Additions	2,136
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	45,184
Depreciation
At 1 January 2015	36,440
Charge for the year	3,092
On disposals	-
At 31 December 2015	39,532
Net book values
At 31 December 2015	5,652
At 31 December 2014	6,608

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
600 A Ordinary shares of £1 each	600	600
250 B Ordinary shares of £1 each (350 shares for 2014)	250	350

On 17 February 2015, the company bought back 100 shares from a former director and shareholder.

4Transactions with directors

Name of director receiving advance or credit:	M Huband
Description of the transaction:	Interest free loan
Balance at 1 January 2015:	£ 46,678
Advances or credits made:	-
Advances or credits repaid:	£ 44,924
Balance at 31 December 2015:	£ 1,754