Abbreviated Company Accounts - LF FOUNDATION

Registered Number 06980686

LF FOUNDATION

Abbreviated Accounts

31 August 2015

LF FOUNDATION Registered Number 06980686

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	3	1,241	-
		1,241	-
Current assets
Cash at bank and in hand		60,784	31,494
		60,784	31,494
Creditors: amounts falling due within one year		(4,993)	(29,423)
Net current assets (liabilities)		55,791	2,071
Total assets less current liabilities		57,032	2,071
Total net assets (liabilities)		57,032	2,071
Reserves
Other reserves		52,315	13,538
Income and expenditure account		4,717	(11,467)
Members' funds		57,032	2,071

For the year ending 31 August 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 11 May 2016

And signed on their behalf by:
Theodora Adebanjo, Director

LF FOUNDATION Registered Number 06980686

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

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 September 2014	-
Additions	1,398
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	1,398
Depreciation
At 1 September 2014	-
Charge for the year	157
On disposals	-
At 31 August 2015	157
Net book values
At 31 August 2015	1,241
At 31 August 2014	-