Abbreviated Company Accounts - LEANDOWN LIMITED

03200727 LEANDOWN LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 03200727 2014-06-01 2015-05-31 03200727 2015-05-31 03200727 2014-05-31 03200727 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 03200727 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 03200727

LEANDOWN LIMITED

Abbreviated Accounts

31 May 2015

LEANDOWN LIMITED Registered Number 03200727

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	777,681	778,931
		777,681	778,931
Current assets
Debtors		203,395	123,019
Cash at bank and in hand		19,241	17,362
		222,636	140,381
Creditors: amounts falling due within one year		(111,291)	(56,899)
Net current assets (liabilities)		111,345	83,482
Total assets less current liabilities		889,026	862,413
Total net assets (liabilities)		889,026	862,413
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		428,346	428,346
Profit and loss account		460,580	433,967
Shareholders' funds		889,026	862,413

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 Board on 8 April 2016

And signed on their behalf by:
Santokh Singh Badyal, Director

LEANDOWN LIMITED Registered Number 03200727

Notes to the Abbreviated Accounts for the period ended 31 May 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 rents receivable.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures & fittings - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2014	783,931
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	783,931
Depreciation
At 1 June 2014	5,000
Charge for the year	1,250
On disposals	-
At 31 May 2015	6,250
Net book values
At 31 May 2015	777,681
At 31 May 2014	778,931

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100