Accounts filed on 30-11-2015
Accounts filed on 30-11-2015
LAV-HIRE LIMITED
Company Registration Number:
05991222
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 December 2014
End date: 30 November 2015
LAV-HIRE LIMITED
Abbreviated Balance sheet
As at
Notes |
2015 £ |
2014 £ |
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|---|---|---|---|
| Fixed assets | |||
| Intangible assets: | 2 |
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| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: |
(
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(
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| Net current assets (liabilities): |
(
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(
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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The notes form part of these financial statements
LAV-HIRE LIMITED
Balance sheet continued
As at 30 November 2015
Notes |
2015 £ |
2014 £ |
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|---|---|---|---|
| Capital and reserves | |||
| Called up share capital: | 4 |
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| Profit and loss account: |
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| Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
LAV-HIRE LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 30 November 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
These accounts have been prepared on a going concern basis, which is dependent upon the continued support from the director, who has validated this support for the foreseeable future.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax. Tangible fixed assets depreciation policy
Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives on the following basis:
Plant 20% reducing balance basis
Motor Vehicle 20% reducing balance basisIntangible fixed assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.
LAV-HIRE LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 30 November 2015
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2. Intangible assets
Total Cost £ 01 December 2014: 10,000 Additions: 0 Disposals: 0 Revaluations: 0 Transfers: 0 30 November 2015: 10,000 Amortisation 01 December 2014: 3,000 Provided during the period: 500 On disposals: 0 Other Adjustments: 0 30 November 2015: 3,500 Net book value 30 November 2015: 6,500 30 November 2014: 7,000
LAV-HIRE LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 30 November 2015
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3. Tangible assets
Total Cost £ 01 December 2014: 169,504 Additions: 18,541 Disposals: 0 Revaluations: 0 Transfers: 0 30 November 2015: 188,045 Depreciation 01 December 2014: 110,163 Charge for year: 15,575 On disposals: 0 Other adjustments: 0 30 November 2015: 125,738 Net book value 30 November 2015: 62,307 30 November 2014: 59,341