Lanyon Limited - Abbreviated accounts

Registered number

07025149

Lanyon Limited

Abbreviated Accounts

31 August 2015

Lanyon Limited
Registered number:		07025149
Abbreviated Balance Sheet
as at 31 August 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		-			773

Current assets
Debtors		77			77
Cash at bank and in hand		217			202
		294			279

Creditors: amounts falling due within one year		(10,657)			(13,902)

Net current liabilities			(10,363)			(13,623)

Net liabilities			(10,363)			(12,850)

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			(10,463)			(12,950)

Shareholders' funds			(10,363)			(12,850)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



W Lanyon
Director
Approved by the board on 9 May 2016

Lanyon Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2015

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% straight line
	Motor vehicles			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 September 2014					5,469
	At 31 August 2015					5,469

	Depreciation
	At 1 September 2014					4,696
	Charge for the year					773
	At 31 August 2015					5,469

	Net book value
	At 31 August 2015					-
	At 31 August 2014					773


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100



4	Related party transactions					2015		2014
£							£
	Creditors and accruals: Amounts falling due within one year
	include amounts due to the directors as follows:-					10,612		13,099