Abbreviated Company Accounts - LFIX LTD

Abbreviated Company Accounts - LFIX LTD


Registered Number 07893323

LFIX LTD

Abbreviated Accounts

31 December 2014

LFIX LTD Registered Number 07893323

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 2,983 -
2,983 -
Current assets
Cash at bank and in hand 496 2,700
496 2,700
Net current assets (liabilities) 496 2,700
Total assets less current liabilities 3,479 2,700
Creditors: amounts falling due after more than one year (553) -
Total net assets (liabilities) 2,926 2,700
Capital and reserves
Called up share capital 100 2,700
Profit and loss account 2,826 -
Shareholders' funds 2,926 2,700
  • For the year ending 31 December 2014 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 7 September 2016

And signed on their behalf by:
Milan Kroulik, Director

LFIX LTD Registered Number 07893323

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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.

Tangible assets depreciation policy
Tangible assets include furniture fixtures and computer equipment. Depreciation is charged at 20% on cost.

2Tangible fixed assets
£
Cost
At 1 January 2014 -
Additions 3,140
Disposals -
Revaluations -
Transfers -
At 31 December 2014 3,140
Depreciation
At 1 January 2014 0
Charge for the year 157
On disposals -
At 31 December 2014 157
Net book values
At 31 December 2014 2,983
At 31 December 2013 0

Tangible assets include furniture fixtures and computer equipment. Depreciation is charged at 20% on cost.

3Transactions with directors

Name of director receiving advance or credit: Milan Kroulik
Description of the transaction: Business income received in cash and business expenses made in cash
Balance at 1 January 2014: £ 0
Advances or credits made: £ 35,130
Advances or credits repaid: £ 34,577
Balance at 31 December 2014: £ 553

Business income received in cash and business expenses made in cash