Lee Phillips Carpentry Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08151479 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2015

for

Lee Phillips Carpentry Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V L Phillips

REGISTERED OFFICE:

Bush House 39 Cardiff Road

Llandaff

Cardiff

United Kingdom

CF5 2DP

REGISTERED NUMBER:

08151479 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Tangible assets

2

2,899

3,747

CURRENT ASSETS

Debtors

394

2,212

Cash at bank

454

644

848

2,856

CREDITORS

Amounts falling due within one year

2,889

5,977

NET CURRENT LIABILITIES

(2,041

)

(3,121

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

858

626

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

758

526

SHAREHOLDERS' FUNDS

858

626

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 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 16 April 2016 and were signed by:

V L Phillips - 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).

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 etc

-

25% on reducing balance and 20% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2014

and 31 July 2015

5,794

DEPRECIATION

At 1 August 2014

2,047

Charge for year

848

At 31 July 2015

2,895

NET BOOK VALUE

At 31 July 2015

2,899

At 31 July 2014

3,747

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

100

Ordinary

£1

100