Les Flanagan Logistics Services Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07649503 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2014

FOR

LES FLANAGAN LOGISTICS SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L C Flanagan

SECRETARY:

Mrs P F Flanagan

REGISTERED OFFICE:

Oak House

Harlestone Road

Church Brampton

Northampton

Northamptonshire

NN6 8AU

REGISTERED NUMBER:

07649503 (England and Wales)

ACCOUNTANTS:

Elsby & Company Ltd

Thistle Down Barn

Holcot Lane

Sywell

Northampton

Northamptonshire

NN6 0BG

FIXED ASSETS

Tangible assets

2

631

946

CURRENT ASSETS

Debtors

31,947

58,508

Cash at bank

11,837

24,861

43,784

83,369

CREDITORS

Amounts falling due within one year

37,193

63,281

NET CURRENT ASSETS

6,591

20,088

TOTAL ASSETS LESS CURRENT LIABILITIES

7,222

21,034

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

7,220

21,032

SHAREHOLDERS' FUNDS

7,222

21,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 22 August 2014 and were signed by:

L C Flanagan - 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 goods, excluding value added tax.

The turnover shown in the profit and loss account represents revenue earned during the period, inclusive of VAT until

31st August 2012.

Thereafter revenue earned was exclusive of VAT.

Tangible fixed assets

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

Computer equipment

-

33% 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 1 June 2013

and 31 May 2014

1,967

DEPRECIATION

At 1 June 2013

1,021

Charge for year

315

At 31 May 2014

1,336

NET BOOK VALUE

At 31 May 2014

631

At 31 May 2013

946

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary 'A' Shares

1

1

1

1

Ordinary 'B' Shares

1

1

1

2

2