Abbreviated Company Accounts - LAYTON SUMNER LIMITED

02882865 LAYTON SUMNER LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 02882865 2013-01-01 2013-12-31 02882865 2013-12-31 02882865 2012-12-31 02882865 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 02882865 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 02882865

LAYTON SUMNER LIMITED

Abbreviated Accounts

31 December 2013

LAYTON SUMNER LIMITED Registered Number 02882865

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	334,103	330,341
		334,103	330,341
Current assets
Debtors	3	44,423	5,323
Cash at bank and in hand		-	7,112
		44,423	12,435
Creditors: amounts falling due within one year	4	(76,413)	(53,713)
Net current assets (liabilities)		(31,990)	(41,278)
Total assets less current liabilities		302,113	289,063
Creditors: amounts falling due after more than one year	4	(55,822)	(76,697)
Total net assets (liabilities)		246,291	212,366
Capital and reserves
Called up share capital	5	600	600
Revaluation reserve		200,811	200,811
Profit and loss account		44,880	10,955
Shareholders' funds		246,291	212,366

For the year ending 31 December 2013 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 26 September 2014

And signed on their behalf by:
Karen Farler, Director

LAYTON SUMNER LIMITED Registered Number 02882865

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers

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 25% reducing balance

Freehold property £1,000 p.a.

2Tangible fixed assets

	£
Cost
At 1 January 2013	348,099
Additions	5,000
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	353,099
Depreciation
At 1 January 2013	17,758
Charge for the year	1,238
On disposals	-
At 31 December 2013	18,996
Net book values
At 31 December 2013	334,103
At 31 December 2012	330,341

3Debtors

	2013 £	2012 £
Debtors include the following amounts due after more than one year	44,423	5,323

4Creditors

	2013 £	2012 £
Secured Debts	55,822	76,697

5Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
600 Ordinary shares of £1 each	600	600