Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
W.G. LUCAS & SON LIMITED
Company Registration Number:
01102361
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 January 2015
End date: 31 December 2015
W.G. LUCAS & SON LIMITED
Abbreviated Balance sheet
As at
Notes |
2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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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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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
(
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(
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Provision for liabilities: |
(
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(
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Total net assets (liabilities): |
(
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(
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The notes form part of these financial statements
W.G. LUCAS & SON LIMITED
Balance sheet continued
As at 31 December 2015
Notes |
2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Profit and loss account: |
(
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(
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Shareholders funds: |
(
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(
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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
W.G. LUCAS & SON LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 December 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the financial reporting standards for smaller entities. Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at approved rates calculated to write off the cost of each asset over its expected useful life. Valuation information and policy
Stock and work in progress is valued at the lower of cost and net realisible value. Other accounting policies
Operating Profit / (Loss) is stated after charging depreciation.
Other Creditors represents a loan to the company other than the bank.
W.G. LUCAS & SON LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 December 2015
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2. Tangible assets
Total Cost £ 01 January 2015: 110,053 Additions: 7,595 Disposals: ( 5,100 )Revaluations: 0 Transfers: 0 31 December 2015: 112,548 Depreciation 01 January 2015: 109,196 Charge for year: 211 On disposals: ( 5,100 )Other adjustments: 0 31 December 2015: 104,307 Net book value 31 December 2015: 8,241 31 December 2014: 857