Abbreviated Company Accounts - LOIZOU LEISURE LIMITED

LOIZOU LEISURE LIMITED - Company Information

01603614 LOIZOU LEISURE LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 01603614 2014-11-01 2015-10-31 01603614 2015-10-31 01603614 2014-10-31 01603614 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 01603614 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 01603614

LOIZOU LEISURE LIMITED

Abbreviated Accounts

31 October 2015

LOIZOU LEISURE LIMITED Registered Number 01603614

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	295,491	365,171
		295,491	365,171
Current assets
Debtors		3,621	2,523
Cash at bank and in hand		115,521	128,825
		119,142	131,348
Creditors: amounts falling due within one year		(328,799)	(382,346)
Net current assets (liabilities)		(209,657)	(250,998)
Total assets less current liabilities		85,834	114,173
Provisions for liabilities		(41,000)	(41,000)
Total net assets (liabilities)		44,834	73,173
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		44,734	73,073
Shareholders' funds		44,834	73,173

For the year ending 31 October 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 16 March 2016

And signed on their behalf by:
g loizou, Director
j g loizou, Director

LOIZOU LEISURE LIMITED Registered Number 01603614

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The Financial Statements are prepared under the historical cost convention.

Turnover policy
The turnover shown in the profit and loss account represents amounts received during the year, exclusive of value added tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation

Intangible assets amortisation policy
Goodwill is written off in equal instalments over its estimated useful life.

2Tangible fixed assets

	£
Cost
At 1 November 2014	1,127,806
Additions	35,057
Disposals	(86,968)
Revaluations	-
Transfers	-
At 31 October 2015	1,075,895
Depreciation
At 1 November 2014	762,635
Charge for the year	39,814
On disposals	(22,045)
At 31 October 2015	780,404
Net book values
At 31 October 2015	295,491
At 31 October 2014	365,171

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

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