Lullington Estates Limited - Abbreviated accounts 16.1
Lullington Estates Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 30 November 2015 |
| for |
| Lullington Estates Limited |
| Lullington Estates Limited (Registered number: 03878215) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 November 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Lullington Estates Limited |
| Company Information |
| for the Year Ended 30 November 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Lullington Estates Limited (Registered number: 03878215) |
| Abbreviated Balance Sheet |
| 30 November 2015 |
| 30.11.15 | 30.11.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Lullington Estates Limited (Registered number: 03878215) |
| Abbreviated Balance Sheet - continued |
| 30 November 2015 |
| The financial statements were approved by the Board of Directors on |
| Lullington Estates Limited (Registered number: 03878215) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 November 2015 |
| 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 January 2015). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 December 2014 |
| and 30 November 2015 |
| DEPRECIATION |
| At 1 December 2014 |
| Charge for year |
| At 30 November 2015 |
| NET BOOK VALUE |
| At 30 November 2015 |
| At 30 November 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 December 2014 |
| and 30 November 2015 |
| NET BOOK VALUE |
| At 30 November 2015 |
| At 30 November 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| Lullington Estates Limited (Registered number: 03878215) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 November 2015 |
| 4. | CREDITORS - continued |
| They also include the following debts falling due in more than five years: |
| 30.11.15 | 30.11.14 |
| £ | £ |
| Repayable by instalments | - | 5,144 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 30.11.15 | 30.11.14 |
| value: | £ | £ |
| Share capital 1 | £1 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year the directors, Mr D W Gardiner and Mrs M Gardiner, introduced funds to and withdrew funds |
| from the company by way of a directors' loan account. At the year end the company owed the directors £101,501 |
| (2014: £62,540) and this amount is included in creditors. |
| 7. | ULTIMATE CONTROLLING PARTY |
| The company is jointly controlled by the directors, Mr D W Gardiner and Mrs M Gardiner, by virtue of their |
| majority shareholding of the issued share capital of the company. |