Life Orientations Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04194813 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Life Orientations Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs B S Biggar

SECRETARY:

A R Biggar

REGISTERED OFFICE:

Bluebell House

Newlands Drive

Maidenhead

Berkshire

SL6 4LL

REGISTERED NUMBER:

04194813 (England and Wales)

ACCOUNTANTS:

A Hunter & Co Ltd

Chartered Certified Accountants

61 St Thomas Street

Weymouth

Dorset

DT4 8EQ

FIXED ASSETS

Tangible assets

2

382

1,791

CURRENT ASSETS

Debtors

3

47,156

147,324

Cash at bank

654

2,089

47,810

149,413

CREDITORS

Amounts falling due within one year

34,456

64,424

NET CURRENT ASSETS

13,354

84,989

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,736

86,780

CREDITORS

Amounts falling due after more than
one year

65,336

77,612

NET (LIABILITIES)/ASSETS

(51,600

)

9,168

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

(52,600

)

8,168

SHAREHOLDERS' FUNDS

(51,600

)

9,168

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 her 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 29 September 2016 and were signed
by:

Mrs B S Biggar - 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

24,331

DEPRECIATION

At 1 January 2015

22,540

Charge for year

1,409

At 31 December 2015

23,949

NET BOOK VALUE

At 31 December 2015

382

At 31 December 2014

1,791

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 18,672 (31.12.14 - £

34,185 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

1,000

Ordinary

£1

1,000