Les Flanagan Logistics Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07649503 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2016

FOR

LES FLANAGAN LOGISTICS SERVICES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L C Flanagan

SECRETARY:

Mrs P F Flanagan

REGISTERED OFFICE:

27 Standing Stones

Great Billing

Northampton

Northamptonshire

NN3 9HA

REGISTERED NUMBER:

07649503 (England and Wales)

ACCOUNTANTS:

Elsby & Company Ltd

Thistle Down Barn

Holcot Lane

Sywell

Northants

Northamptonshire

NN6 0BG

FIXED ASSETS

Tangible assets

2

1,319

1,978

CURRENT ASSETS

Debtors

53,061

29,998

Cash at bank

7,834

26,851

60,895

56,849

CREDITORS

Amounts falling due within one year

48,723

45,991

NET CURRENT ASSETS

12,172

10,858

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,491

12,836

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

13,489

12,834

SHAREHOLDERS' FUNDS

13,491

12,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 September 2016 and were signed by:

L C Flanagan - Director

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

4,303

DEPRECIATION

At 1 June 2015

2,325

Charge for year

659

At 31 May 2016

2,984

NET BOOK VALUE

At 31 May 2016

1,319

At 31 May 2015

1,978

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary 'A' Shares

1

Ordinary 'B' Shares

1

2