Abbreviated Company Accounts - LEADER TRUCKS LIMITED

LEADER TRUCKS LIMITED - Company Information

02022314 LEADER TRUCKS LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 02022314 2014-12-01 2015-11-30 02022314 2015-11-30 02022314 2014-11-30 02022314 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 02022314 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 02022314

LEADER TRUCKS LIMITED

Abbreviated Accounts

30 November 2015

LEADER TRUCKS LIMITED Registered Number 02022314

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,907	19,616
		22,907	19,616
Current assets
Stocks		3,822	4,015
Debtors		225,817	187,165
Cash at bank and in hand		118,710	121,139
		348,349	312,319
Prepayments and accrued income		15,557	16,019
Creditors: amounts falling due within one year		(81,975)	(63,156)
Net current assets (liabilities)		281,931	265,182
Total assets less current liabilities		304,838	284,798
Creditors: amounts falling due after more than one year		(20,566)	(16,508)
Provisions for liabilities		(88,600)	(81,962)
Accruals and deferred income		(8,000)	(16,000)
Total net assets (liabilities)		187,672	170,328
Capital and reserves
Called up share capital	3	50,000	50,000
Profit and loss account		137,672	120,328
Shareholders' funds		187,672	170,328

For the year ending 30 November 2015 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 11 August 2016

And signed on their behalf by:
J D Knowlden, Director

LEADER TRUCKS LIMITED Registered Number 02022314

Notes to the Abbreviated Accounts for the period ended 30 November 2015

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 of goods and services supplied by the company, net of value added tax and discounts.

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 balance
Motor vehicles 20% reducing balance

Other accounting policies
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 December 2014	89,518
Additions	8,834
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	98,352
Depreciation
At 1 December 2014	69,902
Charge for the year	5,543
On disposals	-
At 30 November 2015	75,445
Net book values
At 30 November 2015	22,907
At 30 November 2014	19,616

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
50,000 Ordinary shares of £1 each	50,000	50,000