Lewis Lewis Investments Ltd - Period Ending 2013-12-31
Lewis Lewis Investments Ltd - Period Ending 2013-12-31
Registration number:
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Lewis Lewis Investments Ltd
Contents
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Lewis Lewis Investments Ltd
(Registration number: 05000244)
Abbreviated Balance Sheet at 31 December 2013
Note |
2013
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2012
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Fixed assets |
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Tangible fixed assets |
- |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
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T E L Ballham
Director
1
Lewis Lewis Investments Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued
Accounting policies |
Basis of preparation
Exemption from preparing a cash flow statement
The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.
Going concern
Due to the economic climate the housing market has seen a significant decline and as a result the company has been unable to realise any property sales. Once the market improves the director intends to sell further properties. The director will continue to support the company for the foreseeable future.
Turnover
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Work in progress
Foreign currency
Financial instruments
Lewis Lewis Investments Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 December 2013
......... continued
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 January 2013 |
1,089 |
1,089 |
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At 31 December 2013 |
1,089 |
1,089 |
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Depreciation |
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At 1 January 2013 |
816 |
816 |
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Charge for the year |
273 |
273 |
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At 31 December 2013 |
1,089 |
1,089 |
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Net book value |
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At 31 December 2013 |
- |
- |
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At 31 December 2012 |
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Share capital |
Allotted, called up and fully paid shares
2013 |
2012 |
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No. |
£ |
No. |
£ |
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Going concern |
Due to the economic climate the housing market has seen a significant decline and as a result the company has been unable to realise any property sales. Once the market improves the director intends to sell further properties. The director will continue to support the company for the foreseeable future.