Abbreviated Company Accounts - LYNDENPOINT ESTATES LIMITED

Abbreviated Company Accounts - LYNDENPOINT ESTATES LIMITED


Registered Number 01347791

LYNDENPOINT ESTATES LIMITED

Abbreviated Accounts

31 March 2016

LYNDENPOINT ESTATES LIMITED Registered Number 01347791

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Current assets
Debtors 411,516 405,633
Investments 175 175
411,691 405,808
Creditors: amounts falling due within one year (129,948) (135,704)
Net current assets (liabilities) 281,743 270,104
Total assets less current liabilities 281,743 270,104
Total net assets (liabilities) 281,743 270,104
Capital and reserves
Called up share capital 2 200 200
Profit and loss account 281,543 269,904
Shareholders' funds 281,743 270,104
  • For the year ending 31 March 2016 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 21 September 2016

And signed on their behalf by:
DWORA FELDMAN, Director

LYNDENPOINT ESTATES LIMITED Registered Number 01347791

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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
The turnover of the company consists solely of management fees receivable.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
200 Ordinary shares of £1 each 200 200