Lets Direct Glasgow Ltd - Abbreviated accounts 16.1

Lets Direct Glasgow Ltd - Abbreviated accounts 16.1


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REGISTERED NUMBER: SC274294 (Scotland)















Abbreviated Unaudited Accounts For The Year Ended 31 March 2016

for

Lets Direct Glasgow Ltd

Lets Direct Glasgow Ltd (Registered number: SC274294)






Contents of the Abbreviated Accounts
For The Year Ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Lets Direct Glasgow Ltd

Company Information
For The Year Ended 31 March 2016







DIRECTOR: V Iqbal





SECRETARY: M N Iqbal





REGISTERED OFFICE: 605 Cathcart Road
Glasgow
Lanarkshire
G42 8AD





REGISTERED NUMBER: SC274294 (Scotland)





ACCOUNTANTS: Ahmad & Nabi Mcmullan
95-107 Lancefield Street
Glasgow
Lanarkshire
G3 8HZ

Lets Direct Glasgow Ltd (Registered number: SC274294)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 507,202 507,435

CURRENT ASSETS
Cash at bank 4,436 7,170

CREDITORS
Amounts falling due within one year 178,598 148,280
NET CURRENT LIABILITIES (174,162 ) (141,110 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

333,040

366,325

CREDITORS
Amounts falling due after more than one year 232,662 264,639
NET ASSETS 100,378 101,686

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 100,278 101,586
SHAREHOLDERS' FUNDS 100,378 101,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 14 November 2016 and were signed by:



V Iqbal - Director


Lets Direct Glasgow Ltd (Registered number: SC274294)

Notes to the Abbreviated Accounts
For The Year Ended 31 March 2016

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).

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 513,321
DEPRECIATION
At 1 April 2015 5,886
Charge for year 233
At 31 March 2016 6,119
NET BOOK VALUE
At 31 March 2016 507,202
At 31 March 2015 507,435

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
1 Ordinary Share 1 100 100