Liuco Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03217982 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

LIUCO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J M Pick

T C Liu

SECRETARY:

Mrs J M Pick

REGISTERED OFFICE:

Chess House

28 Spencer Walk

Rickmansworth

Herefordshire

WD3 4EE

REGISTERED NUMBER:

03217982 (England and Wales)

ACCOUNTANTS:

Walters Associates

Suite 21, Third Floor

Barkat House

116-118 Finchley Road

London

NW3 5HT

BANKERS:

HSBC

17 Gerrard Street

London

W1V 8HB

SOLICITORS:

Osborne Clarke

One London Wall

London EC2Y 5EB

FIXED ASSETS

Tangible assets

2

1,068,931

Investments

3

1,849,523

1,820,590

2,918,454

2,889,521

CURRENT ASSETS

Cash at bank

994,518

763,022

CREDITORS

Amounts falling due within one year

843,268

837,483

NET CURRENT ASSETS/(LIABILITIES)

151,250

(74,461

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,069,704

2,815,060

CAPITAL AND RESERVES

Called up share capital

4

13,000

Share premium

8,190

Profit and loss account

3,048,514

2,793,870

SHAREHOLDERS' FUNDS

3,069,704

2,815,060

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 directors acknowledge their 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 Board of Directors on 17 November 2016 and were signed on its behalf
by:

Mrs J M Pick - 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.

Freehold property

-

not provided

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 April 2015

and 31 March 2016

1,068,931

NET BOOK VALUE

At 31 March 2016

1,068,931

At 31 March 2015

1,068,931

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

1,820,590

Additions

1,058,844

Disposals

(1,029,911

)

At 31 March 2016

1,849,523

NET BOOK VALUE

At 31 March 2016

1,849,523

At 31 March 2015

1,820,590

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

13,000

Ordinary shares

£1

13,000