Loyco UK Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07234974 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

LOYCO UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Sir K E Mills

D W A Stirling

REGISTERED OFFICE:

Cassini House

57 St James's Street

London

SW1A 1LF

REGISTERED NUMBER:

07234974 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

CURRENT ASSETS

Debtors

514

78,736

Cash at bank

395,796

408,392

396,310

487,128

CREDITORS

Amounts falling due within one year

(2,205

)

(750

)

NET CURRENT ASSETS

394,105

486,378

TOTAL ASSETS LESS CURRENT LIABILITIES

394,105

486,378

CAPITAL AND RESERVES

Called up share capital

2

852,701

852,701

Profit and loss account

(458,596

)

(366,323

)

SHAREHOLDERS' FUNDS

394,105

486,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 31 March 2016 and were signed on its behalf by:

D W A Stirling - 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 January 2015).

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

852,701

Ordinary

1

852,701

852,701

3.	GOING CONCERN

In the opinion of the directors, the company can continue to be treated as a going concern due to the support of the

parent company, which will continue for the foreseeable future.