Abbreviated Company Accounts - LINCS DESIGN CONSULTANCY LTD

LINCS DESIGN CONSULTANCY LTD - Company Information

05952975 LINCS DESIGN CONSULTANCY LTD 2013-10-31 false 2012-11-01 2013-10-31 true 05952975 2012-11-01 2013-10-31 05952975 2013-10-31 05952975 2012-10-31 05952975 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 05952975 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:Director3 2012-11-01 2013-10-31 uk-gaap-cd-bus:Director3 2013-10-31 uk-gaap-cd-bus:Director3 2012-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 05952975

LINCS DESIGN CONSULTANCY LTD

Abbreviated Accounts

31 October 2013

LINCS DESIGN CONSULTANCY LTD Registered Number 05952975

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	1,700	3,400
Tangible assets	3	252,208	125,451
		253,908	128,851
Current assets
Debtors		134,607	58,755
Cash at bank and in hand		109,391	57,430
		243,998	116,185
Creditors: amounts falling due within one year	4	(151,572)	(55,988)
Net current assets (liabilities)		92,426	60,197
Total assets less current liabilities		346,334	189,048
Creditors: amounts falling due after more than one year	4	(155,743)	(81,320)
Total net assets (liabilities)		190,591	107,728
Capital and reserves
Called up share capital	5	100	100
Revaluation reserve		37,500	37,500
Profit and loss account		152,991	70,128
Shareholders' funds		190,591	107,728

For the year ending 31 October 2013 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 21 May 2014

And signed on their behalf by:
Guy Jon Kemp, Director

LINCS DESIGN CONSULTANCY LTD Registered Number 05952975

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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.

Tangible assets depreciation policy
Depreciation has been computed to write off tangible fixed assets over their expected useful lives using the following rate:-
Computer Equipment - 33% per annum of cost

Intangible assets amortisation policy
Purchased goodwill is to be amortised over a period of 5 years

2Intangible fixed assets

	£
Cost
At 1 November 2012	8,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	8,500
Amortisation
At 1 November 2012	5,100
Charge for the year	1,700
On disposals	-
At 31 October 2013	6,800
Net book values
At 31 October 2013	1,700
At 31 October 2012	3,400

3Tangible fixed assets

	£
Cost
At 1 November 2012	132,901
Additions	129,353
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	262,254
Depreciation
At 1 November 2012	7,450
Charge for the year	2,596
On disposals	-
At 31 October 2013	10,046
Net book values
At 31 October 2013	252,208
At 31 October 2012	125,451

4Creditors

	2013 £	2012 £
Secured Debts	166,283	86,590
Instalment debts due after 5 years	113,765	60,240

5Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 A Ordinary shares of £1 each	100	100

6Transactions with directors

Name of director receiving advance or credit:	Guy Jon Kemp
Description of the transaction:	Advances / repayments
Balance at 1 November 2012:	£ 4,693
Advances or credits made:	£ 4,650
Advances or credits repaid:	£ 4,647
Balance at 31 October 2013:	£ 4,696