Abbreviated Company Accounts - LED SHINE LIMITED

05580425 LED SHINE LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 05580425 2014-12-01 2015-11-30 05580425 2015-11-30 05580425 2014-11-30 05580425 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 05580425 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 05580425

LED SHINE LIMITED

Abbreviated Accounts

30 November 2015

LED SHINE LIMITED Registered Number 05580425

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,430	5,908
		4,430	5,908
Current assets
Stocks		55,666	49,122
Debtors		42,658	21,372
Cash at bank and in hand		29,080	7,261
		127,404	77,755
Creditors: amounts falling due within one year		(174,282)	(122,949)
Net current assets (liabilities)		(46,878)	(45,194)
Total assets less current liabilities		(42,448)	(39,286)
Creditors: amounts falling due after more than one year		(153,000)	(153,000)
Total net assets (liabilities)		(195,448)	(192,286)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(196,448)	(193,286)
Shareholders' funds		(195,448)	(192,286)

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 31 August 2016

And signed on their behalf by:
T A Sheikh, Director

LED SHINE LIMITED Registered Number 05580425

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 January 2015.

Turnover policy
The turnover represents the value, net of value added tax and discounts, of goods sold to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following annual rates in order to write of the assets over their estimated useful lives, on a straight line basis.
Fixtures, fittings and equipment - 20%
Motor vehicle - 20%

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation, where material, resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 December 2014	7,386
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	7,386
Depreciation
At 1 December 2014	1,478
Charge for the year	1,478
On disposals	-
At 30 November 2015	2,956
Net book values
At 30 November 2015	4,430
At 30 November 2014	5,908

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

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