Live London Estates Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08320585 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

LIVE LONDON ESTATES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Z A Shainfeld

REGISTERED OFFICE:

Foframe House

35-37 Brent Street

London

NW4 2EF

REGISTERED NUMBER:

08320585 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

Foframe House

35-37 Brent Street

London

NW4 2EF

FIXED ASSETS

Tangible assets

2

620

1,167

CURRENT ASSETS

Debtors

12,104

5,768

Cash at bank

4,807

12,647

16,911

18,415

CREDITORS

Amounts falling due within one year

6,920

7,262

NET CURRENT ASSETS

9,991

11,153

TOTAL ASSETS LESS CURRENT LIABILITIES

10,611

12,320

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

10,609

12,318

SHAREHOLDERS' FUNDS

10,611

12,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 30 September 2016 and were signed by:

Z A Shainfeld - 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 services, 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.

Plant and machinery etc

-

33% on cost

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 January 2015

3,500

Additions

930

At 31 December 2015

4,430

DEPRECIATION

At 1 January 2015

2,333

Charge for year

1,477

At 31 December 2015

3,810

NET BOOK VALUE

At 31 December 2015

620

At 31 December 2014

1,167

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2