Abbreviated Company Accounts - LJB BLUE LTD.

Abbreviated Company Accounts - LJB BLUE LTD.


Registered Number SC337708

LJB BLUE LTD.

Abbreviated Accounts

28 February 2016

LJB BLUE LTD. Registered Number SC337708

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 709 946
709 946
Current assets
Cash at bank and in hand 47,883 40,945
47,883 40,945
Creditors: amounts falling due within one year (11,431) (10,716)
Net current assets (liabilities) 36,452 30,229
Total assets less current liabilities 37,161 31,175
Total net assets (liabilities) 37,161 31,175
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 37,160 31,174
Shareholders' funds 37,161 31,175
  • For the year ending 28 February 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 29 November 2016

And signed on their behalf by:
Lawson Brackpool, Director

LJB BLUE LTD. Registered Number SC337708

Notes to the Abbreviated Accounts for the period ended 28 February 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 April 2008.

Turnover policy
Turnover comprises of the invoiced value of the goods and services supplied by the company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment – 25% Reducing Balance

2Tangible fixed assets
£
Cost
At 1 March 2015 2,538
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 2,538
Depreciation
At 1 March 2015 1,592
Charge for the year 237
On disposals -
At 28 February 2016 1,829
Net book values
At 28 February 2016 709
At 28 February 2015 946
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1