Robert Langley Asset Management Limited - Limited company - abbreviated - 11.9

Robert Langley Asset Management Limited - Limited company - abbreviated - 11.9

ROBERT LANGLEY ASSET MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 05953646 (England and Wales)
















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

ROBERT LANGLEY ASSET MANAGEMENT LIMITED

ROBERT LANGLEY ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 05953646)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ROBERT LANGLEY ASSET MANAGEMENT LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2015







DIRECTOR: Mrs A Frost





SECRETARY: Ms G V Gill





REGISTERED OFFICE: 39 Castle Street
Leicester
Leicestershire
LE1 5WN





REGISTERED NUMBER: 05953646 (England and Wales)





ACCOUNTANTS: Hayles Leicester Limited
Chartered Accountants
39 Castle Street
Leicester
LE1 5WN
Page 1
ROBERT LANGLEY ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 05953646)

ABBREVIATED BALANCE SHEET
31 December 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 19,000 38,000
Tangible assets 3 6,625 8,833
25,625 46,833

CURRENT ASSETS
Debtors 84,869 83,992
Cash at bank and in hand 230,950 212,842
315,819 296,834
CREDITORS
Amounts falling due within one year 42,276 37,190
NET CURRENT ASSETS 273,543 259,644
TOTAL ASSETS LESS CURRENT LIABILITIES 299,168 306,477

PROVISIONS FOR LIABILITIES 1,514 1,514
NET ASSETS 297,654 304,963

CAPITAL AND RESERVES
Called up share capital 4 200,001 200,001
Profit and loss account 97,653 104,962
SHAREHOLDERS' FUNDS 297,654 304,963

The notes form part of these abbreviated accounts

Page 2 continued...
ROBERT LANGLEY ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 05953646)

ABBREVIATED BALANCE SHEET - continued
31 December 2015


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

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

The director acknowledges her 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 2 March 2016 and were signed by:





Mrs A Frost - Director


The notes form part of these abbreviated accounts

Page 3
ROBERT LANGLEY ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 05953646)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 December 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 (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

Fixtures and fittings - 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.

Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 190,000
AMORTISATION
At 1 January 2015 152,000
Amortisation for year 19,000
At 31 December 2015 171,000
NET BOOK VALUE

At 31 December 2015 19,000
At 31 December 2014 38,000

Page 4 continued...
ROBERT LANGLEY ASSET MANAGEMENT LIMITED (REGISTERED NUMBER: 05953646)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 December 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 31,749
DEPRECIATION
At 1 January 2015 22,916
Charge for year 2,208
At 31 December 2015 25,124
NET BOOK VALUE
At 31 December 2015 6,625
At 31 December 2014 8,833

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
200,001 Ordinary £1 200,001 200,001

Page 5