Lord Combustion Holdings Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08679849 (England and Wales)

Lord Combustion Holdings Limited

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

6

DIRECTORS:

M A Chapman

J W Mackin

S. C. Smith

REGISTERED OFFICE:

Senator House

131 Dudley Road East

Oldbury

West Midlands

B69 3DU

REGISTERED NUMBER:

08679849 (England and Wales)

ACCOUNTANTS:

Pinfields Limited

Chartered Accountants

Meryll House

57 Worcester Road

Bromsgrove

Worcestershire

B61 7DN

FIXED ASSETS

Tangible assets

2

249,763

-

Investments

3

1,734,900

1,734,900

1,984,663

1,734,900

CURRENT ASSETS

Cash at bank

4,784

5,095

CREDITORS

Amounts falling due within one year

4

10,793

600

NET CURRENT (LIABILITIES)/ASSETS

(6,009

)

4,495

TOTAL ASSETS LESS CURRENT LIABILITIES

1,978,654

1,739,395

CREDITORS

Amounts falling due after more than one year

4

854,118

790,172

NET ASSETS

1,124,536

949,223

CAPITAL AND RESERVES

Called up share capital

5

40,000

40,000

Profit and loss account

1,084,536

909,223

SHAREHOLDERS' FUNDS

1,124,536

949,223

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

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

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 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 Board of Directors on 3 March 2016 and were signed on its behalf by:

S. C. Smith - Director

M A Chapman - Director

J W Mackin - 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).

Preparation of consolidated financial statements

The financial statements contain information about Lord Combustion Holdings Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Tangible fixed assets

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

Freehold buildings

-

2% on cost

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

Additions

251,439

At 31 October 2015

251,439

DEPRECIATION

Charge for year

1,676

At 31 October 2015

1,676

NET BOOK VALUE

At 31 October 2015

249,763

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 November 2014

and 31 October 2015

1,734,900

NET BOOK VALUE

At 31 October 2015

1,734,900

At 31 October 2014

1,734,900

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Lord Combustion Services Ltd

Nature of business: Combustion service engineers

%

Class of shares:

holding

Ordinary

85.00

31.10.15

31.10.14

£

£

Aggregate capital and reserves

777,692

643,799

Profit for the year/period

380,625

236,935

4.

CREDITORS

Creditors include an amount of £ 185,015 for which security has been given.

They also include the following debts falling due in more than five years:

31.10.15

31.10.14

£

£

Repayable by instalments

131,189

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

£

NIL

Ordinary

£1

-

40,000

24,000

A Ordinary

£1

24,000

-

8,000

B Ordinary

£1

8,000

-

8,000

C Ordinary

£1

8,000

-

40,000

40,000