Abbreviated Company Accounts - LOUCA CONSULTANTS LIMITED

Abbreviated Company Accounts - LOUCA CONSULTANTS LIMITED

LOUCA CONSULTANTS LIMITED - Company Information

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Registered Number 03201962

LOUCA CONSULTANTS LIMITED

Abbreviated Accounts

31 May 2016

LOUCA CONSULTANTS LIMITED Registered Number 03201962

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 172,899 172,639
172,899 172,639
Current assets
Cash at bank and in hand 7,696 953
7,696 953
Creditors: amounts falling due within one year (56,938) (50,935)
Net current assets (liabilities) (49,242) (49,982)
Total assets less current liabilities 123,657 122,657
Creditors: amounts falling due after more than one year (75,740) (79,974)
Total net assets (liabilities) 47,917 42,683
Capital and reserves
Called up share capital 100 100
Profit and loss account 47,817 42,583
Shareholders' funds 47,917 42,683
  • For the year ending 31 May 2016 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 8 June 2016

And signed on their behalf by:
Charalambos Louca, Director

LOUCA CONSULTANTS LIMITED Registered Number 03201962

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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.

Turnover policy
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.

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

Plant and machinery 15% reducing basis

2Tangible fixed assets
£
Cost
At 1 June 2015 180,095
Additions 389
Disposals -
Revaluations -
Transfers -
At 31 May 2016 180,484
Depreciation
At 1 June 2015 7,456
Charge for the year 129
On disposals -
At 31 May 2016 7,585
Net book values
At 31 May 2016 172,899
At 31 May 2015 172,639