Abbreviated Company Accounts - LIFESTYLE INTERIORS BY ELAINE GORE LTD

LIFESTYLE INTERIORS BY ELAINE GORE LTD - Company Information

06794432 LIFESTYLE INTERIORS BY ELAINE GORE LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06794432 2015-04-01 2016-03-31 06794432 2016-03-31 06794432 2015-03-31 06794432 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06794432 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 iso4217:GBP shares

Registered Number 06794432

LIFESTYLE INTERIORS BY ELAINE GORE LTD

Abbreviated Accounts

31 March 2016

LIFESTYLE INTERIORS BY ELAINE GORE LTD Registered Number 06794432

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	9,849	7,379
		9,849	7,379
Current assets
Stocks		65,223	35,492
Debtors		198,188	178,438
Cash at bank and in hand		122,446	96,382
		385,857	310,312
Creditors: amounts falling due within one year		(127,387)	(111,873)
Net current assets (liabilities)		258,470	198,439
Total assets less current liabilities		268,319	205,818
Total net assets (liabilities)		268,319	205,818
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		268,219	205,718
Shareholders' funds		268,319	205,818

For the year ending 31 March 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 26 November 2016

And signed on their behalf by:
Elaine MacGeekie, Director

LIFESTYLE INTERIORS BY ELAINE GORE LTD Registered Number 06794432

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	18,870
Additions	4,602
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	23,472
Depreciation
At 1 April 2015	11,491
Charge for the year	2,132
On disposals	-
At 31 March 2016	13,623
Net book values
At 31 March 2016	9,849
At 31 March 2015	7,379

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
50 A Ordinary shares of £1 each	50	50
50 B Ordinary shares of £1 each	50	50