Abbreviated Company Accounts - LIVIA TURCO LIMITED

Abbreviated Company Accounts - LIVIA TURCO LIMITED


Registered Number 09049775

LIVIA TURCO LIMITED

Abbreviated Accounts

31 March 2016

LIVIA TURCO LIMITED Registered Number 09049775

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 113 -
113 -
Current assets
Debtors 13,320 600
Cash at bank and in hand 7,385 12,641
20,705 13,241
Creditors: amounts falling due within one year (13,744) (8,956)
Net current assets (liabilities) 6,961 4,285
Total assets less current liabilities 7,074 4,285
Total net assets (liabilities) 7,074 4,285
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 7,073 4,284
Shareholders' funds 7,074 4,285
  • 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 11 October 2016

And signed on their behalf by:
Ms L Turco, Director

LIVIA TURCO LIMITED Registered Number 09049775

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 January 2015.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 April 2015 -
Additions 150
Disposals -
Revaluations -
Transfers -
At 31 March 2016 150
Depreciation
At 1 April 2015 -
Charge for the year 37
On disposals -
At 31 March 2016 37
Net book values
At 31 March 2016 113
At 31 March 2015 -
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1