Loma London Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07814034 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE PERIOD 1 NOVEMBER 2012 TO 31 DECEMBER 2013

FOR

LOMA LONDON LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Masters

REGISTERED OFFICE:

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

REGISTERED NUMBER:

07814034 (England and Wales)

ACCOUNTANTS:

OBC The Accountants Ltd

Chartered Accountants

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

FIXED ASSETS

Intangible assets

2

8,948

CURRENT ASSETS

Stocks

30,340

Debtors

2,985

Prepayments and accrued income

20,000

Cash at bank

10,490

63,815

CREDITORS

Amounts falling due within one year

168,431

NET CURRENT LIABILITIES

(104,616

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(95,668

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(95,669

)

SHAREHOLDERS' FUNDS

(95,668

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 17 September 2014 and were signed by:

D Masters - 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 April 2008).

Turnover

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

Intangible assets

Amortisation has been provided to fully write off the assets over it's estimated of 10 years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the

treatment of certain items for taxation and accounting purposes. The deferred tax balance has not

been discounted.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

9,198

At 31 December 2013

9,198

AMORTISATION

Amortisation for period

250

At 31 December 2013

250

NET BOOK VALUE

At 31 December 2013

8,948

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1