Abbreviated Company Accounts - LAUGHLIN LIMITED

Abbreviated Company Accounts - LAUGHLIN LIMITED

LAUGHLIN LIMITED - Company Information

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Registered Number SC423185

LAUGHLIN LIMITED

Abbreviated Accounts

31 July 2015

LAUGHLIN LIMITED Registered Number SC423185

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 38,000 57,000
Tangible assets 3 91,890 82,580
129,890 139,580
Current assets
Stocks 16,790 18,500
Cash at bank and in hand 140,976 94,891
157,766 113,391
Creditors: amounts falling due within one year (90,858) (92,123)
Net current assets (liabilities) 66,908 21,268
Total assets less current liabilities 196,798 160,848
Provisions for liabilities (10,958) (8,607)
Total net assets (liabilities) 185,840 152,241
Capital and reserves
Called up share capital 10 10
Profit and loss account 185,830 152,231
Shareholders' funds 185,840 152,241
  • For the year ending 31 July 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 30 April 2016

And signed on their behalf by:
William Amps, Director

LAUGHLIN LIMITED Registered Number SC423185

Notes to the Abbreviated Accounts for the period ended 31 July 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.

2Intangible fixed assets
£
Cost
At 1 August 2014 95,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 95,000
Amortisation
At 1 August 2014 38,000
Charge for the year 19,000
On disposals -
At 31 July 2015 57,000
Net book values
At 31 July 2015 38,000
At 31 July 2014 57,000
3Tangible fixed assets
£
Cost
At 1 August 2014 111,677
Additions 24,339
Disposals -
Revaluations -
Transfers -
At 31 July 2015 136,016
Depreciation
At 1 August 2014 29,097
Charge for the year 15,029
On disposals -
At 31 July 2015 44,126
Net book values
At 31 July 2015 91,890
At 31 July 2014 82,580