Leighton Tax Services Limited - Limited company - abbreviated - 11.0.0

LEIGHTON TAX SERVICES LIMITED

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S J Tobin

REGISTERED OFFICE:

34 Lindeth Road

Silverdale

Carnforth

Lancashire

LA5 0TX

REGISTERED NUMBER:

04626228 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,329

693

CURRENT ASSETS

Debtors

1,666

1,008

Cash at bank

2,597

1,124

4,263

2,132

CREDITORS

Amounts falling due within one year

586

466

NET CURRENT ASSETS

3,677

1,666

TOTAL ASSETS LESS CURRENT LIABILITIES

5,006

2,359

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

5,005

2,358

SHAREHOLDERS' FUNDS

5,006

2,359

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29th September 2014 and were signed by:

S J Tobin - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

2,474

Additions

1,079

At 31st December 2013

3,553

DEPRECIATION

At 1st January 2013

1,781

Charge for year

443

At 31st December 2013

2,224

NET BOOK VALUE

At 31st December 2013

1,329

At 31st December 2012

693

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2013 and

31st December 2012:

2013

2012

£

£

S J Tobin

Balance outstanding at start of year

1,008

-

Amounts advanced

1,666

1,008

Amounts repaid

(1,008

)

-

Balance outstanding at end of year

1,666

1,008