Lets Move Today Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05648001 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

LETS MOVE TODAY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M C Bracegirdle

D M Gaut

REGISTERED OFFICE:

238-246 Edleston Road

Crewe

Cheshire

CW2 7EH

REGISTERED NUMBER:

05648001 (England and Wales)

ACCOUNTANTS:

Howard Worth Chartered Accountants

Bank Chambers

3 Churchyardside

Nantwich

Cheshire

CW5 5DE

CURRENT ASSETS

Debtors

43,867

27,122

Cash at bank

826

1,062

44,693

28,184

CREDITORS

Amounts falling due within one year

193,302

171,377

NET CURRENT LIABILITIES

(148,609

)

(143,193

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(148,609

)

(143,193

)

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

(148,619

)

(143,203

)

SHAREHOLDERS' FUNDS

(148,609

)

(143,193

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 1 February 2016 and were signed on its
behalf by:

D M Gaut - Director

M C Bracegirdle - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on the going concern basis on the grounds that the directors

believe that the current and future sources of funding or support will be more than adequate for the

company's needs and that the company will be able to continue to trade and meet liabilities as they

become due.

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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

Turnover represents the value of goods and services delivered during the year, at selling price

exclusive of value added tax. Sales are recognised at the point the company has fulfilled its contractual

obligations to the customer.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds,

over the estimated life of the asset. In the case of franchisee fees the directors consider a 5 year

period is prudent, in accordance with the agreement.

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 cost

Deferred tax

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

the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

40,625

AMORTISATION

At 1 November 2014

and 31 October 2015

40,625

NET BOOK VALUE

At 31 October 2015

-

At 31 October 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

18,823

DEPRECIATION

At 1 November 2014

and 31 October 2015

18,823

NET BOOK VALUE

At 31 October 2015

-

At 31 October 2014

-

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/15

31/10/14

value:

£

10

Ordinary

£1

10

5.	RELATED PARTY DISCLOSURES

Poole Alcock LLP

An LLP in which the directors are designated members.

During the year the company made sales of £22,000 to Poole Alcock LLP. (2014 - £50,825).

31/10/15

31/10/14

£

Amount due to related party at the balance sheet date

25,966

26,467

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.