Loukes Venture Consulting Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08910515 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 29 February 2016

for

Loukes Venture Consulting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs E E Loukes

REGISTERED OFFICE:

Hardcastle Burton

Lake House Market Hill

Royston

Hertfordshire

SG8 9JN

REGISTERED NUMBER:

08910515 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

2

808

1,092

CURRENT ASSETS

Debtors

-

2,951

Cash at bank

1,420

2,491

1,420

5,442

CREDITORS

Amounts falling due within one year

1,681

6,274

NET CURRENT LIABILITIES

(261

)

(832

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

547

260

PROVISIONS FOR LIABILITIES

162

220

NET ASSETS

385

40

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

375

30

SHAREHOLDERS' FUNDS

385

40

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 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 21 September 2016 and were signed by:

Mrs E E Loukes - 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 and 20% 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 March 2015

1,418

Additions

185

At 29 February 2016

1,603

DEPRECIATION

At 1 March 2015

326

Charge for year

469

At 29 February 2016

795

NET BOOK VALUE

At 29 February 2016

808

At 28 February 2015

1,092

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.2.16

28.2.15

value:

£

100

Ordinary

£0.10

10